The Forest and Spurs stars have both been targets for Burnley recently.
David Hunt, chief executive officer of Prudential Financial’s $1tril asset manager, said the search for 10% returns can be dangerous for investors.
HSBC Private Bank is appealing a $78m fine imposed by Hong Kong’s securities regulator in connection with its sales of structured products including Lehman Brothers -related notes between 2003 and 2008.
Credit Suisse will take another around $100m writedown as part of the sale of assets in its distressed credit portfolio to U.S. investment firm TPG's TSSP, with most of the charge reflected in the bank's first-quarter results.
Seven of the world's biggest banks have agreed to pay $324m to settle a private U.S. lawsuit accusing them of rigging an interest rate benchmark used in the $553tril derivatives market.
Societe Generale pledged to cut costs this year and sought to reassure investors it was confident about its 2016 outlook, although its deputy chief executive warned that the industry would never return to its pre-crisis boom.
Beset by market volatility, crowded into similar strategies and bogged down by huge piles of investment capital, hedge funds are struggling this year.
Deutsche Bank director Georg Thoma’s decision to step down after criticism that he went too far in probing potential wrongdoing raises concern that the bank’s board cannot investigate itself, according to a shareholder advisory group.
Hedge fund boss Paul Marshall is set to make a large donation to the campaign for the UK to leave the European Union.
The Bradford MP Naz Shah has stepped down as the parliamentary private secretary to the shadow chancellor, John McDonnell, over antisemitic Facebook posts.
Barclays pre-tax profits have fallen by almost a quarter year-on-year as the investment bank division struggled to perform - but the bank is confident about the outlook for the rest of the year.
Citigroup shareholders have rebelled against the company's executive pay scheme, with more than a third of voters going against the bank's plan.