Hedge fund managers are increasingly betting Saudi Arabia and its allies cannot or will not replace all the crude lost from the market when U.S. sanctions on Iran go into effect fully from November.
Picking the right college is not just a matter of finding a good fit for a student's talents and interests, but it also should involve what a family can reasonably afford.
Japan M&A volumes are set to break a 19-year-old record and steal the spotlight in Asia this year from cooling Chinese deals, led by blockbuster takeovers such as Takeda Pharma's $62 billion swoop on British drugmaker Shire .
A U.S. judge on Thursday ordered Goldman Sachs Group Inc , JPMorgan Chase & Co and four other large banks to face an antitrust lawsuit by investors who said they conspired to stifle competition in the nearly $2 trillion stock lending market.
U.S. fund investors rotated from international to domestic stocks for a third straight week, showing continued signs of risk aversion given a potential trade war and uncertainty over U.S. monetary policy, Lipper data showed on Thursday.
An offshore hedge fund firm whose investing was led by money manager Philip Falcone will pay $30 million to resolve claims it knowingly evaded hundreds of millions of dollars of New York state and New York City taxes, officials said on Thursday.
Royal Bank of Scotland is planning to launch a new standalone consumer bank called Bo to fight industry challengers such as the British app bank Monzo and digital bank Revolut, Sky News reported.
This month marks 10 years since one of the most dramatic events of the financial crisis - the collapse of the Lehman Brothers investment bank. In the financial crash and Great Recession that followed, millions of Americans lost their homes and jobs and saw their prospects for a secure retirement damaged.
