An investment group led by Malaysia's state fund Khazanah Nasional has invested $160 million in Hong Kong-based financial technology start-up WeLab., Reuters reported.
1 min read · 20 January 2016
BNP Paribas has chosen banks to prepare a multi-billion dollar stock market listing for its U.S. unit First Hawaiian Bank, sources told Reuters.
2 min read · 20 January 2016
American Apparel's former chief executive officer Dov Charney will take the stand in Bankruptcy Court on Wednesday in a last-ditch effort to wrest control of the ailing teen retailer from a group of hedge funds, Reuters News reported.
2 min read · 20 January 2016
Wall Street's biggest dealmakers will be showered with big bonuses this month but many other bankers face a lean year as executives seek to retain top talent while at the same time try to keep a lid on costs, Reuters News reported.
3 min read · 20 January 2016
MetLife Inc (MET.N), the largest U.S. life insurer, said it has formed a real estate investment venture with New York State Common Retirement Fund, the third-largest U.S. public pension fund, Reuters News reported.
1 min read · 20 January 2016
Antivirus software maker Symantec Corp (SYMC.O) said on Tuesday it will receive $1 billion less in cash for its data storage unit Veritas from Carlyle Group LP (CG.O), cutting the price of the biggest leveraged buyout of 2015 after debt backing the deal failed to sell, Reuters News reported.
2 min read · 20 January 2016
The Onion - the satirical website famous for headlines like “Black man given worst job in Nation” following the election of Barack Obama as U.S. president in 2008 – has a new major shareholder, Reuters News reported.
2 min read · 19 January 2016
Former Twitter Inc (TWTR.N) chief executive, Dick Costolo, said on Tuesday he is starting a new company with Bryan Oki, co founder & chief executive at wellness consulting firm Fitify Inc.
1 min read · 19 January 2016
2 min read · 19 January 2016
2 min read · 19 January 2016
