Money goes to money.
A Manhattan jury has found former SAC Capital manager Mathew Martoma guilty of using illegal tips to earn his employer $276m in a scheme prosecutors alleged was one of the largest ever insider-trading scams.
A New York money manager who once worked with personal finance guru Suze Orman has settled charges with the Securities and Exchange Commission that he allegedly misled investors about his success through 140-character tweets and an email newsletter to 60,000 subscribers.
Antony Jenkins, the boss of Barclays, warned yesterday that there would be another financial crisis once the current crop of bankers, who bore the scars of 2008, had retired or died. "I don't think we're going to have another crisis like this in the next five years, but we will have another problem when all the people like us … have retired or died."
It's a mystery.
Three young female actors, Emma Stone, Mila Kunis and Jennifer Lawrence, have topped Forbes magazine's annual list of the best value stars in Hollywood.
November brought more bad news for believers in the eternal power of gold: the commodity saw its sharpest monthly price fall since June.
After 17 months, Bob Greifeld’s Nasdaq OMX is one step closer to moving past its Facebook IPO nightmare.