Former UBS Trader Challenges Bar Over Libor Misconduct
The Financial Conduct Authority recommended banning Arif Hussein from the industry, but he has fought the decision in an administrative…
British Regulator Bars Former R.B.S. Trader in Libor Case
Paul White is the fourth person to be suspended by the Financial Conduct Authority over misconduct related to the benchmark…
Daily Mail Considering Bid for Yahoo Assets
The British tabloid newspaper and website confirmed that it had “very early stage” discussions with other buyers on a potential…
HNA Group of China Offers to Buy Gategroup for $1.5 Billion
The deal would expand the presence of HNA, the owner of Hainan Airlines, in the global aviation services industry.
Pfizer Faces Limited Options After Its Dead Deal With Allergan
The company has been growing steadily, but investors are certain to start agitating again to complete a bold move in…
Glencore Agrees to Sell Minority Stake in Agriculture Business
The sale of 40 percent of the unit to Canada Pension Plan Investment Board adds to the Swiss mining company’s…
Trial Opens for Ex-Barclays Employees in Libor Case
The trial of five former bank employees is the third in Britain to focus on the Libor rate-rigging scandal.
Alaska Airlines Parent to Buy Virgin America for $2.6 Billion in Cash
The deal would be the latest tie-up in an industry that has rapidly consolidated over the last decade, concentrating power…
Ex-Bank of America Merrill Lynch Banker to Head U.K. Financial Investments
As chief executive, Oliver Holbourn will oversee the sale of the British government’s stake in Lloyds Banking Group and the…
Tidjane Thiam, Chief of Credit Suisse, Was Paid $4.7 Million in 2015
Mr. Thiam, who joined the Swiss bank in July, asked for a 40 percent reduction in his bonus to reflect…