Ex-Credit Suisse Banker’s Wealth Firm Shuts Down After Bad Bets
A former Credit Suisse banker’s wealth firm is closing down after soured investments left him saddled with debt.
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Wells Fargo $1 Billion Accord Over Fake Accounts Approved
Wells Fargo & Co.’s $1 billion settlement of a shareholder lawsuit over unauthorized customer accounts was approved by a federal judge.
Imprisoned Billionaire’s Wealth Soars on 919% EV Stock Rally
There’s little that can dent the world’s top performing stock this year, not even its founder being sent to prison for insider trading.
Oaktree’s Howard Marks Expects More Companies to Default on Debt
Oaktree Capital Mgmt co-founder Howard Marks said he expects more companies to default on debt.
Goldman Sachs Hit by $1m Lawsuit from Former Exec
Former exec claims it is a ‘dysfunctional workplace’ where meetings often ended in ‘tears’.
UBS CEO Insists Bank Not Too Big After Credit Suisse Takeover
The new expanded UBS is not too big for Switzerland following the bank's emergency takeover of fallen rival Credit Suisse, CEO Sergio Ermotti said.
How Tiger Global, One of the Biggest Backers of Startups Over the Past Decade, Fell to Earth
Three days after memorial service for legendary investor Julian Robertson Tiger Global issued letter to investors lamenting death of “number one fan."
