ING Groep NV, the biggest Dutch financial-services company, told investors to disregard a regulatory filing that outlined plans to sell more shares in its U.S. life insurance unit.
Bipartisan Senate legislation would wind down Fannie Mae and Freddie Mac in five years and in the interim would maintain the current arrangement in which the mortgage financiers pay all of their...
After shunning gold and wheat for most of last year, hedge fund managers are piling back in as the escalating crisis in Ukraine spurs a rebound in the prices of both commodities.
Russian billionaire Alisher Usmanov sold shares in Apple Inc. and Facebook Inc. and bought into technology investments such as Alibaba Group Holding Ltd. in China, one of his advisers said.
Stakes in the Ikano Group, a collection of financial, real estate and retail assets, has made the three sons of Ikea founder Ingvar Kamprad into billionaires.
Billionaires in Russia and Ukraine risk further losses as market volatility and the threat of Iran-style economic sanctions intensify following Russia’s incursion into Crimea.
