UBS O’Connor, the UBS unit with $5.2bn of assets, plans to open its first Asia-focused hedge fund to investors later this year, said two people with knowledge of the matter.
Ian Hannam is to return to the High Court on Thursday, in a final attempt to clear his name.
When the FBI seized alleged Silk Road mastermind Ross Ulbricht's 26,000 Bitcoin fortune on Tuesday, it raised the simple question: how can you seize a currency that does not exist?
Mark Carney, the Bank of England governor, has delivered a warning to home owners about the risks of rising interest rates as Threadneedle Street made clear it was keeping a close eye on developments in the housing market.
Just a decade from now, some global industry leaders could be companies you may not have heard of, based in cities you probably haven't visited before.
JPMorgan Chase shook off the 'London Whale' scandal to take the top spot for investment banking fees over the year-to-date, according to a report into the global investment banking industry published on Wednesday.
President Obama met bank executives including Goldman Sachs chief Lloyd Blankfein on Wednesday as economists, business leaders and European officials warned that the US government shutdown threatens to plunge the economy into a "deep and dark recession".
Investors looking to get a piece of the New York skyline's most iconic building bid up the price in early trading Wednesday.
Dan Loeb's poison pen is as toxic as ever.
The European Central Bank on Wednesday left the door open for further ultra-cheap loans to European banks, saying the bank had an array of instruments at its disposal to support the nascent recovery.
The global economy faces a period of contraction and declining trade next year as emerging nations struggle with tightening monetary policy, according to Citigroup's Chief Economist Willem Buiter.
Russia's isolated banking sector is hoping for a swift end to sanctions and capital flight, the chief executive of one of VTB Capital told CNBC.
Bank of America Merrill Lynch (BofAML) has been recognised by EMEA Finance magazine, a leading industry trade outlet, in its 2015 Treasury Services Awards, winning three accolades for treasury and FX services across the region: