LATEST

Pimco executives: 'The firm is moving forward'

Bridge Runner

Pimco executives sought to chart their way back into the market's good graces after the high-profile departure of the firm's founder, telling CNBC that a still-formidable roster of talent and an aggressive focus on equities would assure future success.

EBay, PayPal to split into separate public companies

Ebay

After spending much of this year explaining why its two businesses are best left together, eBay's board of directors and CEO did a complete about-face Tuesday morning, announcing a plan under which its PayPal and eBay marketplace businesses will be split into separately traded public companies by the middle of next year.

Pimco may suffer over $200bn in outflows: Deutsche

Departure

Estimates of how much investors are likely to pull from Pimco following the departure of star manager Bill Gross are swirling, with Deutsche Bank now expecting around $266bn in outflows or a fall in assets equivalent to 20% percent over the next two years.

HOT LIST

Departure

Pimco may suffer over $200bn in outflows: Deutsche

Estimates of how much investors are likely to pull from Pimco following the departure of star manager Bill Gross are swirling, with Deutsche Bank now expecting around $266bn in outflows or a fall in assets equivalent to 20% percent over the next two years.

Hong Kong

Hong Kong protests explained

Riot police advanced on tens of thousands of protesters in Hong Kong's Admiralty district on Sunday, and the stand-off continued Monday morning, in the territory's worst incident of unrest in decades.

FEATURED