Egyptian billionaire Naguib Sawiris said he has identified two Greek islands that could be used to host Syrian refugees, and suggested setting up a joint-stock company to deal with the expected...
After surpassing the wealth of Warren Buffett in June, Spain's fast-fashion king Amancio Ortega has pulled within $10 billion of Bill Gates.
A growing number of prominent hedge fund managers are quietly creating their own single family offices—and not everyone is happy about it.
Peter Schiff's Euro Pacific and Oppenheimer are battling over a client raid that took place over Memorial Day weekend.
BlackRock named Salim Ramji head of its U.S. wealth advisory business, succeeding Frank Porcelli, as the world’s biggest asset manager pushes to attract more retail clients.
The Fed may soon start raising interest rates, but savers won't see much benefit any time soon, experts say.
President Obama is using the backdrop of an impending government shutdown to pressure Congress to end a tax break exploited by private-equity managers, venture capitalists and some hedge fund...
Facebook Inc. is working on options besides the "like" button for users to weigh in on their friends’ postings, Chief Executive Officer Mark Zuckerberg said in a public Q&A.
Men are short of a standard goal by $270,000. Women? Half a million dollars, according to a new report.
Anthony Limbrick, whose hedge fund profited on bearish wagers during the August rout, says the recent turbulence in markets heralds a new era in increased volatility.