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Ex-Barclays CEO Diamond Set for $3m Payday

Bob Diamond

Former Barclays chief executive Bob Diamond is set to be paid about 2 million pounds ($3 million) in July, a year after he left the bank following its Libor interest rate rigging scandal.

Fugitive Hedge Fund Manager Florian Homm Captured

Florian Homm Captured Still

Bloomberg's Olivia Sterns reports that Florian Homm, the German hedge-fund manager who allegedly caused at least $200m in losses to investors, was arrested at the Uffizi Gallery in Florence on U.S. fraud charges after being a fugitive for more than five years.