The bank’s fortunes changed for the better last week when Goldman Sachs helped DuPont prevail in a high-profile feud with an activist firm.
Only two paintings from a trove of looted art that was recently recovered has been returned to its heirs—and one, Two Riders on a Beach, is about to be sold at auction, bringing its war-torn history into the spotlight.
The company’s results on Wednesday missed some growth forecasts, but observers said the stock-price decline may have been exacerbated by the unusual ways Etsy structured its April IPO.
A Houston-based high-frequency trading firm won a six-year civil lawsuit against a former employee and a businessman it accused of stealing code.
The Seoul High Court has overturned a lower court’s decision to give the daughter of the chairman of Korean Air Lines a one-year prison sentence after she disrupted a flight.
European governments must step up efforts to overhaul their economies, ECB President Mario Draghi said, calling on economic flexibility to be “part of our common DNA” in the euro bloc.
Chinese brokerage firm Huatai Securities has raised US$4.5 billion in the world’s second-largest IPO so far this year.
Richemont is among luxury companies battling large currency swings and weakening demand in key markets such as Hong Kong.
On the day Li Hejun lost roughly US$14 billion, he was skipping his company’s annual meeting to attend what it said was a clean-energy exhibition in Beijing.
The co-chief executive has been given more power to lead the German bank’s strategy. His chairman should only give him a year to show real results.