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BMO to acquire F&C Asset Management

Money On Hook

Bank of Montreal and F&C Asset Management have announced that an agreement has been reached on the terms of a recommended cash acquisition by which the entire issued and to be issued ordinary share capital of F&C will be acquired by BMO Global Asset Management (Europe) Limited, a wholly-owned subsidiary of Bank of Montreal.

Venture capitalist slammed for Kristallnacht comments

Writing A Letter

With discussion at last week's World Economic Forum in Davos centering on the issue of inequality, echoing President Barack Obama's increased focus on the subject, it seems that the world's rich are starting to take criticism personally - and overreacting in the process.

Bitcoin bust: CEO of Bitcoin exchange arrested

Bitcoin and money

Two executives of a bitcoin exchange have been arrested on charges of selling bitcoins to be used to buy and sell illegal drugs anonymously, according to a statement from the Manhattan U.S. attorney's office.