Alliance Trust, one of the UK’s oldest investment firms, has reached an 11th-hour compromise with its rebel investor Elliott Advisors, which had been pushing for change at the company.
The standoff between Greece and its creditors has spawned another bit of rivalry: the battle among analysts to coin the latest buzzword for the painfully protracted drama.
Nepal's earthquake damage will put it among the most expensive earthquakes in recent history relative to a country's economic size.
Whatever one quarter’s GDP figures show when they are released on Tuesday, the next government should brace itself for a hard landing, according to an economics thinktank.
Fund manager assets in Europe are slowly catching up with their U.S. counterparts after a 15 percent jump in money under management in the currency bloc, and it looks as though the European Central Bank's bond-buying program can only help the industry.
It was 1992 when the Hong Kong and Shanghai Banking Corporation burst on to the UK banking scene by taking over Midland bank. It was an audacious bid that not only put HSBC on the map in Europe but forced the bank to relocate its head office from Hong Kong to London.
A British exit from the European Union could cost the UK as much as €300bn (£215bn), or 14% of GDP, according to a German study.
It's every company's nightmare: Friday afternoon and your stock starts tanking without explanation.
'It’s definitely going to hurt'.
Peg Reed knew she was called 'Miss Bitch' on the desk when she was trading currencies on 1980s Wall Street.
A former UBS equities salesman who left in December 2013 and got a new job the following month, says he was wrongfully dismissed and is asking for more than $1m at the Paris employment tribunal.
Investigators probing the $13 trillion market for US Treasurys are zeroing in on a second Wall Street bank, The New Post has learned.