Big name investors like Dan Loeb and David Einhorn helped raise $6 million to fight poverty at a charity event in New York City.
In the latest chapter of what is shaping up to be a particularly ugly billionaire divorce, Chicago hedge-fund manager Ken Griffin has challenged his estranged wife's claims on his private planes, real estate, and credit cards, arguing that the mother of his three children has $50 million in personal wealth herself and that he won't continue supporting Anne Dias Griffin in "whatever lifestyle she chooses."
Credit Suisse on Thursday reported third-quarter net profit above analyst forecasts as investment banking revenue rose.
The most highly qualified female business graduates lack the ambition of male counterparts in sectors such as engineering, manufacturing and natural resources, new research suggests.
Christian Clausen, president of the European Banking Federation, said regulators need to rethink an approach he warned will bury the industry under a mountain of rules with little coherence.
Fears that Lloyds Banking Group is preparing to announce up to 9,000 job cuts – more than one in 10 of the workforce – swept the industry last night as António Horta-Osório put the finishing touches to a three-year plan for the bailed-out bank.
One of the few remaining examples of Apple's first pre-assembled computer, Apple-1, sold for $905,000 at an auction in New York on Wednesday, far outstripping expectations.
Banks in London are expanding curbs on entertainment, with some adding bans on buying clients shots and expensing pricey bottle services for tables at nightclubs.
The top 100 undergraduate employers in the UK were announced on Tuesday by RateMyPlacement.
JPMorgan Chase CEO Jamie Dimon said cancer hasn’t altered his plans to keep working even as he looks toward a retirement that he hopes will include philanthropy and teaching.
Robots are automating yet another bank job: the task of sifting through traders’ messages to spot foul play, a process currently carried out by legions of human employees.
BNP Paribas is planning to relocate as many as 40 senior positions in the investment bank from London to Paris as the bank overhauls the division, two people familiar with the plan said.
One of the top directors at Dan Loeb’s hedge fund has left the firm, The New York Post has learned.