The late billionaire philanthropist Edgar M. Bronfman Sr.’s art collection, including paintings by Pablo Picasso, Claude Monet and Henri Matisse, will be sold at auction by Christie’s.
Seven of the 15 U.S. takeover bids worth more than $10 billion since January 2013 were initiated by firms founded and controlled by one of the 200 wealthiest men in the world.
Vladimir Putin eclipsed what was the fastest start to the year for emerging-market bond sales as the standoff between Russia and the U.S. over Ukraine deterred borrowers from offering debt.
A day after billionaire owner Mikhail Prokhorov said he intended to transfer the NBA team to one of his Russian companies, the team's parent company backtracked on the idea.
The SEC is examining the exposure of stock exchanges, brokerages and other Wall Street firms to cyber-attacks that have been called a threat to financial stability.
Julius Baer Group Ltd., Switzerland’s third-largest wealth manager, is adding Latin American client assets by acquiring a larger stake in a Brazilian financial firm.
