The logo of Toshiba Corp is seen as Window cleaners work on the company’s headquarters in Tokyo, Japan, February 14, 2017. REUTERS/Toru Hanai Japan’s Toshiba Corp (6502.T) said it has asked regulators to allow it to delay the release of its earnings, including... More »
As century-old Wall Street brokerages have agonized over the fate of a major U.S. regulation on retirement advice, younger Silicon Valley counterparts have coolly shrugged their shoulders. More »
A sign is displayed in the reception of Goldman Sachs in Sydney, Australia, May 18, 2016. REUTERS/David Gray/File Photo Technology whizzes who helped Goldman Sachs (GS.N) eliminate hundreds of trading jobs over the past few years are venturing into the bank’s ... More »
Tareq Aziz (L) and his brother Ammar Aziz (2nd L), Yemeni nationals who were delayed entry into the U.S. because of the recent travel ban, smile as they are reunited with their family at Washington Dulles International Airport. REUTERS/Jonathan Ernst A U.S. fe... More »
Walmart signage is displayed outside a company’s store in Chicago, Illinois, U.S. November 23, 2016. REUTERS/Kamil Krzaczynski Wal-Mart Stores Inc (WMT.N) for the first time will combine its own buying for products sold at its stores with purchases it makes fo... More »
Executive pay that is disproportionate to a company’s past performance may also signal that poor returns are coming, according to a study released on Monday by shareholder activist group As You Sow. More »
The political party of Philippine leader Rodrigo Duterte has backed Antonio Moncupa, the president of mid-sized lender East West Bank and head of the party’s policy think tank, to become the next governor of the country’s central bank More »
Vishal Sikka, CEO of Infosys attends the annual meeting of the World Economic Forum (WEF) in Davos, Switzerland, January 17, 2017. REUTERS/Ruben Sprich Infosys Chief Executive Vishal Sikka said talk in the media on concerns over corporate governance at the sof... More »
Lee Jae-yong (C), vice chairman of Samsung Electronics, arrives to be questioned as a suspect in a corruption scandal that led to the impeachment of President Park Geun-Hye, at the office of the independent counsel in Seoul on February 13, 2017. REUTERS/Jung Y... More »
The South Korean special prosecutor’s office said on Monday it will decide whether to seek arrest warrants for more Samsung Group [SAGR.UL] executives amid a widening influence-peddling scandal that could topple President Park Geun-hye. More »
Berlin’s SoundCloud CEO Alexander Ljung attends the LeWeb technology conference December 4, 2012 in Aubervilliers, near Paris. REUTERS/Philippe Wojazer Music-streaming service SoundCloud has lost two senior executives and is seeking to raise new funding, the c... More »
The logo of the pharmaceutical company Stada Arzneimittel AG is pictured at its headquarters in Bad Vilbel near Frankfurt March 14, 2012. REUTERS/Alex Domanski German generic drugmaker Stada (STAGn.DE) said it has received two offers for the acquisition of the... More »
The Vanguard Group topped $4 trillion in assets for the first time at the end of January after a year in which it pulled in more money than all of its rivals combined, the Wall Street Journal reported. More »
A sign is displayed in the reception of Goldman Sachs in Sydney, Australia, May 18, 2016. REUTERS/David Gray/File Photo – RTSS9SM Two U.S. senators are seeking details from Goldman Sachs Group Inc’s (GS.N) chief executive on the extent to which the bank’s empl... More »
Abby Joseph Cohen, Senior Investment Strategist Goldman Sachs, attends the Economic Club of New York Leadership Excellence Award in New York April 21, 2015. REUTERS/Eduardo Munoz Abby Joseph Cohen, the Goldman Sachs Group Inc strategist whose prescient, upbeat... More »
The logo of Zuercher Kantonalbank bank (ZKB) is seen at its headquarters at the Bahnhofstrasse in Zurich, Switzerland March 7, 2016. REUTERS/Arnd Wiegmann Swiss local government-owned Zuercher Kantonalbank (ZKB) hasn’t made much progress in settling a tax case... More »
Independent brokerage LPL Financial Holdings Inc posted a fourth-quarter profit that surged 56 percent as an increase in advisory assets helped soften the costs of an uncertain regulatory environment. More »
FILE PHOTO: The Volkswagen logo is seen at the Frankfurt Motor Show (IAA) in Frankurt, Germany, September 10, 2013. REUTERS/Pawel Kopczynski/File Photo Volkswagen signalled it could take legal action against former chairman Ferdinand Piech after a media report... More »
A sign is displayed in the reception of Goldman Sachs in Sydney, Australia, May 18, 2016. REUTERS/David Gray/File Photo Goldman Sachs Investment Partners (GSIP), which opened in 2008 with one of the biggest launches in hedge fund history, is folding its London... More »
Nochi Dankner (L), once one of Israel’s most powerful businessmen, attends a sentencing hearing at the Tel Aviv District court, Israel December 5, 2016. REUTERS/Shlomi Yosef/Pool Nochi Dankner, once one of Israel’s most powerful businessmen who lost his busine... More »
A U.S. federal judge on Wednesday upheld an Obama-era rule designed to avoid conflicts of interests when brokers give retirement advice, in a possible setback for President Donald Trump’s efforts to scale back government regulation. More »
The scads of analysts and fund managers at some money management firms may just be there as window dressing. More »
Tim Sloan, Chief Executive Officer of Wells Fargo & Company, takes part in the Yahoo Finance All Markets Summit in New York, U.S., February 8, 2017. REUTERS/Lucas Jackson Wells Fargo & Co’s board is likely to eliminate 2016 bonuses for the bank’s top executive... More »
Police searched homes and other properties in Britain and the German state of North-Rhine Westphalia on Wednesday for evidence on two suspects believed to have supported Islamist group Jabhat al-Nusra, Germany’s chief federal prosecutor’s office said. More »
FILE PHOTO – The logo of Lotte Hotel is seen at a Lotte Hotel in Seoul, South Korea, June 7, 2016. REUTERS/Kim Hong-Ji/File Photo South Korea’s Lotte Group said Chinese authorities have halted construction at a multi-billion dollar real estate project after a ... More »
The White House is seen in at dusk in Washington, U.S., February 7, 2017. REUTERS/Jim Bourg President Donald Trump is planning to issue an executive order targeting a controversial Dodd-Frank rule that requires companies to disclose whether their products cont... More »
FILE PHOTO – An employee walks past a signage board in the Infosys campus at the Electronics City IT district in Bengaluru, India, February 28, 2012. REUTERS/Vivek Prakash/File Photo Infosys Ltd, India’s second-biggest software services exporter, on Wednesday ... More »
FILE PHOTO – Leon G. Cooperman, CEO of Omega Advisors, Inc., speaks on a panel at the annual Skybridge Alternatives Conference (SALT) in Las Vegas May 7, 2015. REUTERS/Rick Wilking A U.S. judge on Tuesday held off ruling on whether to throw out a government co... More »
JPMorgan Chase & Co said on Tuesday it hired three senior bankers to its corporate client banking division, to serve companies in the southern United States. More »
Carsten Kengeter, CEO of Deutsche Boerse talks to the media during the presentation of FinTec start-up facilities provided by Deutsche Boerse in Frankfurt, Germany, February 24, 2016. REUTERS/Kai Pfaffenbach Deutsche Boerse’s (DB1Gn.DE) supervisory board backe... More »
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., January 23, 2017. REUTERS/Brendan McDermid Conflicting signs from the White House have left brokerage firms and lobbyists unsure whether a controversial rule governing reti... More »
Emma Walmsley of GlaxoSmithKline poses in this undated photograph released in London on September 20, 2016. Courtesy of GlaxoSmithKline/Handout via REUTERS Emma Walmsley, GlaxoSmithKline’s (GSK.L) incoming CEO, will take over Britain’s biggest drugmaker at a c... More »
A general view shows toxic red sludge at an alumina plant reservoir, which cracked and unleashed a torrent of the waste material, in Kolontar, western Hungary, October 10, 2010. REUTERS/Bernadett Szabo A Hungarian court ordered a retrial on Monday over the spi... More »
Jay Y. Lee, center, vice chairman of Samsung Electronics, arrives to be questioned as a suspect in bribery case in the influence-peddling scandal that led to the president’s impeachment at the office of the independent counsel in Seoul, South Korea, Thursday, ... More »
After signing, U.S. President Donald Trump holds up an executive order rolling back regulations from the 2010 Dodd-Frank law on Wall Street reform at the White House in Washington February 3, 2017. REUTERS/Kevin Lamarque U.S. President Donald Trump on Friday o... More »
U.S. President Donald Trump talks to journalists members of the travel pool on board the Air Force One during his trip to Palm Beach, Florida while flying over South Carolina, U.S., February 3, 2017. REUTERS/Carlos Barria The U.S. Labor Department is looking i... More »
A Connecticut hedge fund manager has pleaded guilty in a case linked to an alleged Ponzi scheme involving the resale of tickets for popular events, including smash Broadway musical “Hamilton.” More »
A former Morgan Stanley wealth manager in New Jersey has been criminally charged with stealing about $5 million from clients, and then going on a spending spree including private jet service, luxury cars, and country club memberships. More »
Starbucks Corp Chief Executive Howard Schultz, pictured with images from the company’s new ”Race Together” project behind him, speaks during the company’s annual shareholder’s meeting in Seattle, Washington March 18, 2015. REUTERS/David Ryder Starbucks Corp Ch... More »
FILE PHOTO- A logo of Toshiba Corp is seen on a printed circuit board in this photo illustration taken in Tokyo July 31, 2012. REUTERS/Yuriko Nakao/File Phot Japanese trust banks are preparing to sue Toshiba Corp over its 2015 accounting scandal, a fresh heada... More »
Toshiba Corp chairman Shigenori Shiga attends a news conference at the company headquarters in Tokyo, Japan May 6, 2016. REUTERS/Issei Kato Toshiba Corp (6502.T) Chairman Shigenori Shiga is ready to step down to take responsibility for the huge writedowns loom... More »
File photo of Kevin Turner taken at the Milken Institute Global Conference in Beverly Hills, California, U.S., May 2, 2016. REUTERS/Lucy Nicholson Kevin Turner has departed Ken Griffin’s Citadel LLC less than a year after he joined as chief executive officer o... More »
A woman walks past a branch of Mitsubishi UFJ Financial Group’s bank of Tokyo-Mitsubishi UFJ (MUFG) in Tokyo, Japan, May 16, 2016. REUTERS/Thomas Peter/File Photo Mitsubishi UFJ Financial Group appointed Stuart Randell and Anders Maehre to the leveraged financ... More »
Xiaomi’s Vice President Hugo Barra looks on in front of the company’s logo during a group interview after the launching ceremony of Redmi Note 3 in Hong Kong, China March 21, 2016. REUTERS/Bobby Yip – RTSBEFO Hugo Barra, the most prominent global executive at ... More »
A photo illustration shows a Yahoo logo on a smartphone in front of a displayed cyber code and keyboard on December 15, 2016. REUTERS/Dado Ruvic/File Illustration The U.S. Securities and Exchange Commission is investigating a previously disclosed data breach a... More »
Britain’s Prime Minister Theresa May leaves the BBC’s Broadcasting House in London, Britain, January 22, 2017. REUTERS/Neil Hall Britain will on Monday outline a new, interventionist approach to balancing its heavily services-based economy for the post-Brexit ... More »
The BlackRock sign is pictured in the Manhattan borough of New York, in this October 11, 2015 file photo. REUTERS/Eduardo Munoz/Files Former British finance minister George Osborne, who lost his job after Britain’s vote to leave the European Union, will join B... More »
Mizuho Securities Asia Ltd, a unit of Mizuho Securities Co. Ltd, said it named Pramod Shenoi as regional head of FIG debt capital markets in December 2016. More »
A view of the Goldman Sachs stall on the floor of the New York Stock Exchange July 16, 2013. REUTERS/Brendan McDermid/File Photo Goldman Sachs has rejected allegations by an Indonesian businessman who is seeking $1.1 billion in damages from the U.S. bank for m... More »
A customer walks in front of a Burberry store in central London July 15, 2008. REUTERS/Alessia Pierdomenico/File Photo British luxury brand Burberry (BRBY.L) said on Monday its incoming chief executive Marco Gobbetti will initially join the company on Jan. 27 ... More »
The Luxottica name is reflected in a pair of sunglasses in this photo illustration taken in Rome February 4, 2016. REUTERS/Alessandro Bianchi/Illustration/File Photo Gupta and Valentina Za More »
Lens producers Essilor’ s logo is seen in an optician shop in Paris, France, March 15, 2016. REUTERS/Philippe Wojazer Italy’s Luxottica (LUX.MI) and France’s Essilor (ESSI.PA) confirmed on Monday plans to agree on a merger worth some 46 billion euros ($48.83 b... More »
File Photo: Michael Lynton, CEO Sony Entertainment and CEO and chairman Sony Pictures Entertainment, speaks during an investors’ conference at the company’s headquarters in Tokyo November 18, 2014. REUTERS/Toru Hanai Sony Entertainment Chief Executive Michael ... More »
Citadel Securities, the market-making arm of billionaire hedge-fund manager Ken Griffin, has agreed to pay $22.6 million to settle charges that it misled customers about the way it priced trades, the U.S. Securities and Exchange Commission said on Friday. More »
Singer Prince performs in a surprise appearance on the ‘American Idol’ television show finale at the Kodak Theater in Hollywood, California in this May 24, 2006 file photo. REUTERS/Chris Pizzello/Files The likely heirs of pop star Prince’s estate are split bet... More »
An Amgen sign is seen at the company’s office in South San Francisco, California October 21, 2013. REUTERS/Robert Galbraith Regeneron Pharmaceuticals Chief Executive Len Schleifer on Monday ripped into Amgen Inc for its insistence on blocking sales of a rival ... More »
Donald Trump speaks as his son-in-law Jared Kushner (L), daughter Ivanka listen at a campaign event at the Trump National Golf Club Westchester in Briarcliff Manor, New York, U.S., June 7, 2016. REUTERS/Mike Segar/File Photo U.S. President-elect Donald Trump’s... More »
FILE PHOTO – Defendant Wing Chau exits the Jacob Javits Federal building in New York, U.S. on April 7, 2014. REUTERS/Brendan McDermid/File Photo The U.S. Securities and Exchange Commission has partially overturned a ruling finding an investment adviser feature... More »
Consumer credit lender International Personal Finance (IPF) said on Friday it would appeal against a decision by the Polish tax authority relating to the accounts of its Polish business, Provident Polska, for the 2008 financial year. More »
The Twitter logo is displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., September 28, 2016. REUTERS/Brendan McDermid Twitter Inc (TWTR.N) executive Kathy Chen, brought in to run Greater China just over eight months ... More »
Former Hong Kong Chief Executive Donald Tsang arrives at the High Court to face trial on charges of misconduct in Hong Kong, China January 3, 2017. REUTERS/Bobby Yip Former Hong Kong leader Donald Tsang, the highest-ranking ex-official to be charged in the cit... More »
A general exterior view of the U.S. Securities and Exchange Commission (SEC) headquarters in Washington, June 24, 2011. REUTERS/Jonathan Ernst The U.S. Securities and Exchange Commission charged a California lawyer on Tuesday with defrauding people who signed ... More »
A Wells Fargo branch is seen in the Chicago suburb of Evanston, Illinois, U.S. on February 10, 2015. REUTERS/Jim Young/File Photo – RTX2TOT5 The U.S. Department of Justice has subpoenaed a high-profile whistleblower in its criminal investigation into Wells Far... More »
Billionaire activist-investor Carl Icahn gives an interview on FOX Business Network’s Neil Cavuto show in New York, U.S. on February 11, 2014. REUTERS/Brendan McDermid/File Photo U.S. chief executives, already wrestling with a steady flow of activist investors... More »
A statue is pictured next to the logo of Germany’s Deutsche Bank in Frankfurt, Germany September 30, 2016. REUTERS/Kai Pfaffenbach/File Photo Deutsche Bank’s pursuit of success on Wall Street has come at a high price, a $7 billion plus penalty illustrating the... More »
A sign is displayed in the reception of Goldman Sachs in Sydney, Australia, May 18, 2016. REUTERS/David Gray/File Photo – RTX2UOJO Goldman Sachs Group Inc said its newly promoted co-chief operating officers and chief financial officer would each receive a $1.8... More »
The logo of U.S. technology company Apple is seen in Zurich, Switzerland April 5, 2016. REUTERS/Arnd Wiegmann Apple Inc’s board relaxed some rules for director nominations by outside investors but stopped short of broader changes sought by an activist sharehol... More »
A Chipotle Mexican Grill is seen in Los Angeles, California, U.S. on April 25, 2016. REUTERS/Lucy Nicholson/File Photo Bayliss More »
A statue is pictured next to the logo of Germany’s Deutsche Bank in Frankfurt, Germany September 30, 2016. REUTERS/Kai Pfaffenbach/File Photo A unit of Deutsche Bank AG conceded that it misled investors and violated securities laws and will pay more than $40 m... More »
Two U.S. lawmakers are questioning whether Heritage Pharmaceuticals misled them in response to a 2014 congressional inquiry about the rising price a common antibiotic, after 20 U.S. states this week accused the company of price fixing. More »
Telefonica Deutschland said on Sunday its supervisory board has appointed Markus Haas to lead the company from 2017, replacing chief executive Thorsten Dirks who announced in November he was leaving the telecoms firm. More »
The Coca-Cola Company President and Chief Operating Officer James Quincey delivers a speech during a presentation in Paris, France, January 19, 2016. REUTERS/Benoit Tessier Coca-Cola Co said on Friday that Muhtar Kent would step aside as chief executive next y... More »
A Gabonese man who prosecutors say acted as a “fixer” for a joint-venture involving the hedge fund Och-Ziff Capital Management Group LLC pleaded guilty on Friday to U.S. charges that he engaged in a foreign bribery scheme. More »
A Wells Fargo branch is seen in the Chicago suburb of Evanston, Illinois, U.S. on February 10, 2015. REUTERS/Jim Young/File Photo – RTX2TOT5 A private U.S. regulator launched a hotline on Friday to hear from ex-Wells Fargo & Co employees who were fired for all... More »
A Wells Fargo branch is seen in the Chicago suburb of Evanston, Illinois, U.S. on February 10, 2015. REUTERS/Jim Young/File Photo Wells Fargo & Co (WFC.N) said it will continue to offer individual retirement accounts that pay brokers commissions and will adjus... More »
A customer enters the Wells Fargo bank branch in Golden, Colorado October 11, 2013. REUTERS/Rick Wilking Legislation introduced by two Democratic lawmakers on Thursday would allow Wells Fargo & Co customers to go to court, instead of private arbitration, to re... More »
Nick Tandy of Britain drives his Porsche 919 Hybrid number 19 ahead the Audi R18 e-tron quattro number 7 driven by Marcel Fassler of Switzerland, during the Le Mans 24 Hours sportscar race in Le Mans, central France June 14, 2015. REUTERS/Regis Duvignau/File P... More »
South Korean President Park Geun-hye delivers her speech during the inaugural session of the 20th National Assembly in Seoul, South Korea, June 13, 2016. REUTERS/Kim Hong-Ji South Korean President Park Geun-hye will not respond to a request by prosecutors to q... More »
A sign for the Financial Industry Regulatory Authority (FINRA) is seen outside the offices in New York’s financial district July 22, 2015. REUTERS/Brendan McDermid Wall Street’s industry-funded watchdog took steps to crack down more quickly on manipulative tra... More »
U.S. President-elect Donald Trump is shown at his election night rally in Manhattan, New York, U.S., November 9, 2016. REUTERS/Jonathan Ernst Activist shareholders plan a record number of resolutions focused on climate change at U.S. company annual meetings in... More »
