[BERLIN] Frankfurt prosecutors have dropped an investigation into two Deutsche Bank employees accused of aiding tax evasion through a former Virgin Islands unit, although they have fined the...
[NEW YORK] H/2 Capital Partners is seeking to sell almost US$800 million of a US$1.7 billion loan made to American department store chain JC Penney Co, according to people familiar with the matter...
[BOSTON] Hedge fund White Elm Capital is returning money to outside clients at the end of the year, ending a 12-year run of picking stocks for pensions, endowments and wealthy families, its...
[FRANKFURT] As Deutsche Bank AG nears its end-of-year decision on bonuses, one question looms large for chief executive officer (CEO) Christian Sewing: How much can he afford to pay to keep top...
[LONDON] One of HSBC Holdings' most senior executives is expected to announce his departure next week as the global lender pushes ahead with management changes, according to people familiar with...
[WASHINGTON] Goldman Sachs Group could end up paying less than US$2 billion to resolve US criminal and regulatory probes over its role in raising money for scandal-ridden Malaysian investment fund...
IT'S STARTING to look like India's sovereign bond market is on the brink of a prolonged rout.
A PLAN to greenlight some of the exchange-traded fund (ETF) industry's most controversial products comes with a caveat that could doom them to irrelevance.
MONEY managers that have pushed more than US$30 trillion into sustainable investments are often basing their decisions on limited and misleading data, according to a new report.
[PARIS] France rejects a US idea for companies to opt out of a proposed international tax reform, Finance Minister Bruno Le Maire said on Friday, urging Washington to negotiate in good faith.
[PARIS] Financial institutions have channelled US$745 billion over the past three years into companies planning new coal-fired power plants, according to a report by environmental groups, who are...
