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Michael J. de la Merced
Posts
Crispin Odey and His Hedge Fund Rocked by Sexual Assault Allegations
After accusations were published in Britain, Crispin Odey was severed from his own investment firm, which is now dissolving itself.
George Soros Gives Control of His $25 Billion Foundation to His Son
Alex Soros will take the reins of Open Society Foundations, a grant-making network, from his father, whose support of liberal causes has long made him…
Goldman Sachs to Pay $215 Million to Settle Gender Bias Suit
The lawsuit accused the Wall Street bank of hindering women’s career advancement and paying them less than their male colleagues.
Berkshire Reports Big Jump in Earnings
Gains in its insurance business offset lower revenue from its real estate and consumer products companies. The results came out at the start of the…
Berkshire Reports Big Jump in Earnings
Gains in its insurance business offset lower revenue from its real estate and consumer products companies. The results came out at the start of the…
Berkshire Reports Big Jump in Earnings
Gains in its insurance business offset lower revenue from its real estate and consumer products companies. The results came out at the start of the…
HSBC Shareholders Defeat Ping An-Backed Measures
The outcome is a win for the bank in its fight with its largest stakeholder, the Chinese insurer Ping An, which argues HSBC isn’t taking…
Born in Asia but Based in Britain, HSBC Fights to Stay in One Piece
The global bank’s biggest shareholder, the giant Chinese insurer Ping An, wants HSBC to spin off its profitable Asian operation.
Carl Icahn, Activist Investor, Becomes Target of Short Seller
Hindenburg Research, which made its name by taking on Gautam Adani and the Twitter co-founder Jack Dorsey, likened Icahn Enterprises to “Ponzi-like economic structures.”
Final Days at Credit Suisse Were Marked by a $69 Billion Race for the Exits
Clients hurried to withdraw money as the Swiss bank faced collapse last month. It was eventually forced to sell itself to a rival, UBS.