High debt levels have raised the chances of a global recession in the next three to five years to more than 60 percent, said Pimco, which manages the world's largest bond fund.
INVESTMENT BANKING FEES
Pfizer settled a nearly 10-year battle Wednesday, announcing a $2.15 billion settlement from Teva Pharmaceuticals Industries and Sun Pharmaceutical Industries for patent infringement on its drug Protonix.
'It's like the Wild West'.
JPMorgan Chase will fight 'till the end' anyone who sues claiming they were misled over more than $6.2bn in losses at the chief investment office last year, CEO Jamie Dimon said.
Goldman Sachs' missteps advising speech-recognition pioneer Dragon Systems Inc. in a merger weren’t egregious enough for the bank to be found in violation of a Massachusetts law, a federal judge ruled.
You can't keep a good man down.
A hedge fund manager who was photographed at Downing Street with a document under his arm comparing Royal Bank of Scotland (RBS) to a Canadian bank has sparked a fresh wave of speculation about the bailed-out bank's future.
The verdict is in.
Who's been doing what so far this month.
Any EMEA involvement announced deals for the first nine months of 2015. Data compiled by Thomson Reuters.
Glencore shares rose sharply in London after a report said the embattled commodities trader and miner would listen to offers for the company.
HMV will continue its remarkable turnaround in the run-up to Christmas, embarking on an international expansion drive just two years after falling into administration.