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Third Point claims 300 percent return on activism since 2011
on February 21, 2019 at 10:04 pm
Pushing companies to perform better has earned Third Point a 300 percent return in the last eight years, the hedge fund told investors in a letter on Thursday, praising management at some of its... […]
Hedge funds hunt for shipping debt in new market push
on February 21, 2019 at 4:52 pm
(Corrects Feb. 20 story to remove incorrect reference to sale of loans by Varde and Oakhill) […]
How personal finance guru Jill Schlesinger got smart about money
on February 21, 2019 at 1:51 pm
Jill Schlesinger got her start on Wall Street, and that is where she learned a lot of what she knows about the financial world. But she has built a career dishing out personal finance advice by... […]
UBS to appeal after fined 4.5 billion euros in French tax fraud case
on February 20, 2019 at 7:07 pm
A French court found Swiss bank UBS AG guilty of illegally soliciting clients and laundering the proceeds of tax evasion, ordering it to pay 4.5 billion euros ($5.1 billion) in penalties. […]
UBS CEO says French appeals process to take 'several years'
on February 20, 2019 at 7:06 pm
UBS Group expects its appeal of a French court verdict ordering the Swiss bank to pay 4.5 billion euros ($5.10 billion) for aiding tax evasion to last years, Chief Executive Sergio Ermotti told staff... […]