The lockstep moves in global stocks that dominated equity markets for six years are breaking down at the fastest rate on record, a sign investor confidence is finally returning.
The step-grandchildren of the former Nazi propaganda minister have never been listed on international wealth rankings, but they share a fortune worth $6 billion.
Ray Dalio, founder of Bridgewater Associates LP, the world’s biggest hedge fund, said 2013 will be a “game changer” for the economy as investors reallocate money after risks such as Europe’s...
Former Morgan Stanley brokerage advisor Kevin L. Dowd, was charged with insider trading for tipping two friends ahead of Gilead Sciences Inc.’s acquisition of Pharmasset Inc. for $11 billion, U.S...
Federal Reserve Chairman Ben S. Bernanke’s unprecedented bond buying pushed the Fed’s balance sheet to a record $3 trillion as he shows no sign of softening his effort to bring down 7...
Goldman Sachs Group Inc. President Gary Cohn warned of a potential drop in fixed-income prices as bankers and policy makers in Davos celebrated surging demand for financial assets.
Deutsche Bank AG’s Christian Bittar, one of the firm’s best-paid traders, lost about $53 million in bonuses after he was fired for trying to rig interest rates, according to sources.
