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BofA CEO faces Chairman vote

Bank Of America Corner Signs

Bank of America shareholders will get the chance to vote on whether the lender’s board should have allowed CEO Brian Moynihan to add the chairman title last year.

Commodities washout hits Carlyle Group: Report


The Carlyle Group, one of the top private equity firms on Wall Street, has seen one of its funds sustain hefty losses because of the washout in raw materials, the Wall Street Journal reported late Friday.

Former UBS currency strategists resurface


Mansoor Mohi-uddin, UBS Group AG’s former global head of foreign-exchange strategy, and Gareth Berry, who worked with him at the Swiss bank, began new roles at two different firms in Singapore Monday.