Wells Fargo has bought a stake in Rock Creek Group LP to provide more hedge-fund offerings to clients amid a push to double the asset-management unit within seven years.
Goldman Sachs and Bain Capital Partners are set to defend what they call legitimate private-equity practices against investor claims that buyout firms and their bankers colluded to rig bids on takeovers.
Level Global Investors co-founder Anthony Chiasson and former Diamondback Capital Management portfolio manager Todd Newman were convicted of securities fraud and conspiracy for an insider-trading scheme that reaped more than $72m.
The Securities and Exchange Commission has charged a Connecticut-based investment adviser with falsely stating to clients that it was co-investing alongside them in two collateralized debt obligations (CDO).
Gone but not forgotten.
The Mayan Apocalypse is only two days away. Right, and what's going to happen?
The countdown has begun, and it's time to shine.
Reports from Spain have indicated Roman Abramovich is pushing ahead with a deal to bring Falcao to Chelsea.
Manchester United boss Sir Alex Ferguson has compared Dutch striker Robin van Persie with United legend Eric Cantona.
News and gossip from The Emirates in the past 24 hours.