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Asos dismisses Amazon takeover talk

Amazon founder Jeff Bezos during his High Order Bit presentation

Asos chief Nick Robertson has swept aside rumours that the online fashion retailer is about to be swallowed by Amazon, declaring the internet company was not his “dream partner”.

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Banker sues Barclays over alleged discrimination

A former Barclays Plc unit managing director in Latin America sued the company over its pullback from the region, claiming the bank broke a contract with him and violated New York human rights laws for allegedly discriminating against employees of Latin American descent.

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Goldman Sachs in spreadsheet mix-up

When Vista Equity Partners last month decided to acquire Tibco Software, an enterprise computing company, it agreed to pay $4.3bn, making the deal the largest technology buyout of the year.

Pointing The Finger

Banks told: Behave or risk being broken up

Banks must change the way employees are compensated and take other steps to fix a corporate culture that encourages misdeeds or face being broken up, said William C. Dudley, president of the Federal Reserve Bank of New York.

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