Bloomberg News

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TD Ameritrade’s Founder Invites Wealthy To Join Koch-Style Group

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Billionaire TD Ameritrade founder Joe Ricketts and his son, Todd, are following the activist-investor method of political giving favored by billionaire energy executives Charles and David Koch.

Online Financial Advisory Firm Said To Be Raising $30 Million

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Wealthfront Inc., an online financial advisory firm, is in talks to raise about $30 million in a round of financing led by Index Ventures, according to sources.

Billionaire Prokhorov Heeding Putin Call With NBA’s Nets

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Less than two years after taking the New Jersey Nets over the Hudson River and into Brooklyn, billionaire owner Mikhail Prokhorov is planning a longer move: to Russia.

'Financial Repression' Prevents Americans From Retiring, Gross Says

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Feeble returns on the safest investments such as bank deposits and fixed-income securities represent a “financial repression” transferring money from savers to borrowers, says Bill Gross.

Hidden Qatar Billionaire Builds Hotel Empire

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Sheikh Faisal bin Qassim Al Thani has amassed a $2.2 billion fortune that includes a collection of luxury hotels and commercial real estate in six countries.

IRS to Make Limited Use of Offshore Bank Data

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The Internal Revenue Service initially will make limited use of information supplied by other governments about U.S...

Banker Suicides Concern Industry As Coroners Investigate

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Coroners in London are preparing to investigate two apparent suicides as unexpected deaths by finance workers around the world have raised concerns about mental health and stress levels in the...

U.K.’s Largest Hedge Funds Get Bigger With 82% Of Assets

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The U.K.’s largest hedge funds are getting even bigger, with 20 firms controlling 82 percent of the assets under management, the country’s markets regulator said.

Record U.S. Small-Caps Rally Sends Valuation 26% Above 1990s

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Investor enthusiasm for small-cap stocks is exceeding the frenzy of the Internet bubble.

Ukraine Billionaire Sought By U.S. Has Key To Putin Gas Cash

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A detained billionaire who made a fortune as a middleman in Russia’s murky gas trade with Ukraine may hold the key for U.S...

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