Canada's TD Bank Eyes Further U.S. Expansion With $1.3 Billion Cowen Purchase
Canada's Toronto Dominion Bank said it will buy New York-based boutique investment bank Cowen Inc for $1.3 billion in cash.
Recent
Fidelity Launches First Liquid Alt Funds as Traditional Stock and Bond Strategies Falter
Fidelity’s decision to launch two new liquid alternative funds that aim to generate positive returns even in down markets is compelling.
HSBC Jumps as Profit Rises, Bank Vows to Restore Dividends
HSBC Holdings Plc shares rose most in more than 18 months after delivering profits and pledged to return to paying quarterly dividends next year.
Investors Think Elon Musk Will Sell More Tesla Stock, Even If He Doesn’t Buy Twitter
Investors expect Elon Musk to sell more shares of his electric carmaker Tesla Inc. by the end of 2022
Elon Musk Files Countersuit Under Seal vs Twitter Over $44 Billion Deal
Elon Musk countersued Twitter Inc., escalating his legal fight against the social media company over his bid to walk away from $44B purchase.
JPMorgan’s Gold ‘Boss’ Led Plot to Spoof Prices, Jury Told
“For years, executives at one of the world’s largest banks conspired to manipulate the markets for precious metals.” - US Justice Dept. attorney.
Credit Suisse Names New CEO to Overhaul Investment Bank as Losses Mount
Credit Suisse Group named asset management boss Ulrich Koerner new CEO, who is tasked with scaling back investment banking and cutting $1B in costs.
