Technology companies including Apple and Google on Thursday agreed to settle an embarrassing antitrust lawsuit that exposed the dark side of Silicon Valley’s hiring practices and alleged some of its biggest names colluded in order to avoid poaching each other's talent.
London's biggest and most expensive office building, HSBC Holdings' global headquarters, is up for sale and could fetch more than £1.1 bn ($1.85bn), according to a report in the Financial Times.
Bank of America, one of the nation's largest banks and mortgage providers, has been working aggressively to put its mortgage liabilities behind it. Last month, it announced a $6.3 billion settlement of its outstanding mortgage-security and other contract issues with Fannie Mae and Freddie Mac.
Amazon, whose shares have dropped sharply in the past three months, announced rapidly growing earnings on Thursday amid a flurry of new initiatives.
Barclays chairman, David Walker, and chief executive, Antony Jenkins, have told CNBC they are confident they have the support of most major institutional shareholders over the bank's pay proposals, as over one third of investors failed to back the bank's pay policy.
CIBC President and CEO Gerry McCaughey has announced his intention to retire, effective April 30, 2016.
The Gherkin, voted London's favourite tower, has been put into receivership 10 years after its completion helped transform the capital's skyline.
'We saw significantly higher numbers of high quality people we wanted to recruit turning down our offers. We were losing people who were crucial to the future of the investment bank in an extremely competitive environment'.
VTB Capital, Russia’s largest investment bank, said it has no plans to close its office in New York or wind down trading activities.
AstraZeneca boss Pascal Soriot fired a warning shot across the bows of bigger US rival Pfizer, a potential suitor, as he insisted that the British drugmaker's strategy was working and highlighted progress with new cancer drugs.
Legg Mason, the global asset manager, is in exclusive talks to buy a majority stake in real estate investment specialist Clarion Partners in a deal that would value the company at about $850m, people with knowledge of the matter said.
Announced Emerging Markets M&A Up 42% Over 2014 | High Technology Most Active Industry | Average EBITDA Multiples at 15.6x
Barclays is to close its Indian equities business as part of efforts to cut costs and boost profit, two sources with direct knowledge of the plan said on Monday.