Philippe Laffont's Coatue Management hedge fund may not be giving back $2 billion after all.
A former UBS banker who pleaded guilty to conspiring to defraud the United States by helping wealthy Americans evade taxes was sentenced to five years of probation by a U.S. judge on Tuesday.
Bank of America has been retained to sell the Los Angeles Clippers, whose owners face a June 3 deadline to reach a sale agreement or risk the team being taken from them by the National Basketball Association, two people with direct knowledge of the situation said.
Bank of New York Mellon, the world’s largest custody bank, expects to record an after-tax charge of about $100m in the second quarter linked to administrative errors in certain funds it manages.
Credit Agricole, which refused to settle an antitrust probe over Euribor manipulation, accused European Union regulators of bias and said they should step down from the case, according to two people with knowledge of a letter the lender sent to the EU.
Amazon has advised readers to buy from other retailers after breaking its silence over a high-profile dispute with the publisher Hachette, which has drawn in the British authors Ian Rankin and JK Rowling.
Anshu Jain, Deutsche Bank Co-CEO and Co-Chairman, spoke with Bloomberg Television's Stephanie Ruhle today about the bank's business strategy, financial regulation and industry outlook.
Look past the fact Google's new prototype car doesn't have a steering wheel or gas and brake pedals.
The London property market is heading for a "natural correction" with the "frenetic" pace of buying beginning to fade, according to the head of Britain's biggest building society.
Britain's growing army of self-employed workers are typically worse off than employees but enjoy greater job satisfaction, according to a report today.
CIMB Group Holdings Bhd has cut 32 jobs in its Hong Kong investment banking and equities business on worsening capital market conditions, Malaysia's second-biggest bank by assets said on Monday.
Royal Bank of Scotland could reach a settlement within weeks on claims it misled investors in selling U.S. mortgage-backed securities, passing another milestone in its recovery from the financial crisis, analysts said on Friday.
HSBC will start building a new Middle East headquarters near the world’s tallest tower in Dubai as the lender aims to combine staff from three other locations in the city.