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HSBC's ties to tycoon reaps benefits

Hong Kong

HSBC has shot to second rank among banks advising Asian firms on merger deals, its highest ever, due to ties to one man: Hong Kong tycoon and the region's richest man, Li Ka-shing.

Billionaire hedgie buys $200m condo complex!

Hedge Fund

Hedge fund billionaire Ken Griffin has purchased several floors of a new condo tower in Manhattan for around $200 million, in what is believed to be the most expensive single residential real estate deal in U.S. history.

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U.S. Bancorp said to hire in fixed income

U.S. Bancorp catapulted its business selling investment-grade corporate bonds up league tables faster than any major rival since the financial crisis, jumping 49 rungs to rank No. 15 this year. That’s just the start of its aspirations in capital markets.