Bloomberg News

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Swiss Bank Hid Assets For Jews In Wartime, Then Tax Evaders

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Dreyfus Sons & Co., which helped Jews hide assets from the Nazis during World War II, has admitted to helping U.S...

What Asia's Billionaires Bought In 2015: From Mansions To Monets

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Here are five of the Asia's billionaires and some of the purchases they crossed off their bling wish lists this year.

These 10 Artworks Totaled $1 Billion At Auction

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What makes the following artworks by Pablo Picasso, Cy Twombly and other masters so special, aside from totaling almost $1 billion? Click through the slideshow and judge for yourself.

High-Yield Funds Seek To Distance Themselves From Third Avenue

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Money managers at some funds say their investments are more diversified and easier to sell.

Third Avenue Portends Regulators’ Fears And Could Spur New Rules

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If a fund gets in trouble when bond default rates are historically low, what happens when they go up?

Most Billionaires Can't Stay That Rich After 20 Years, UBS Says

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Most of the world’s richest families 20 years ago have seen their fortunes shrink in the intervening decades, according to a new report.

Redstone's Spurned Girlfriend Seeks New Hearing On Competency

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Billionaire Sumner Redstone’s former girlfriend and caretaker is seeking a new hearing in her lawsuit to be restored as health-care agent for the 92-year-old mogul who controls both CBS Corp...

Brokers Warned Not To Steer Clients’ Stock Trades Into Slow Lane

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Brokers have been put on notice: treat your customers’ orders as well as you treat your own.

Twitter Warns Users Of Hacks From ‘State-Sponsored Actors’

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Twitter Inc. has notified some users that their accounts may have been hacked by state-sponsored actors, as the company works to investigate the attack.

Wells Fargo Buying NYC Office Space, Plans To Move Securities Operations

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Wells Fargo & Co. plans to relocate its New York headquarters of its securities unit to the 30 Hudson Yards skyscraper, under construction on Manhattan’s far west side.

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