Schroders explored a potential buyout of M&G, a deal that would have created a U.K. fund powerhouse overseeing over $1 trillion of assets.
Billionaire Alan Howard is returning money to investors from the secretive hedge fund that he personally runs.
After successfully recouping more than $3 billion from Goldman Sachs and other firms, Malaysia's 1MDB is casting a wider net.
Amundi's new CEO is focusing on margin pressure, intensifying competition from rivals and the development of passive management.
Australia's securities regulator is probing Westpac Banking over insider trading, just months after it settled money laundering charges.
Alex Oh, who was named head of the SEC's enforcement division last week, abruptly resigned, a setback for new Chairman Gary Gensler.
UBS Group disclosed an $861 million hit from the implosion of Archegos Capital Management and vowed to improve risk management.
Thoma Bravo agreed to acquire cybersecurity and compliance firm Proofpoint in a deal it said values the business at about $12.3 billion.
U.S. regulators are considering tougher disclosure requirements for investment firms in response to the implosion of Archegos Capital.
Two Sigma is starting a group to invest in private real estate as it seeks to expand its data-science expertise into non-public markets.
Credit Suisse Group paused the launch of a credit fund run by star trader Hamza Lemssouguer as it dials back risk.
Wall Street bears battered by the Reddit crowd earlier this year have yet to regain their gumption, even with stocks at records.
Morgan Stanley is joining its peers in issuing bonds after earnings, adding to a record borrowing spree for Wall Street's biggest banks.
J.P. Morgan sold $13 billion of bonds, the largest deal ever by a bank, taking advantage of some of the cheapest borrowing costs in years.
Morgan Stanley surprised investors with a $911 million loss tied to the collapse of Archegos Capital, staining an otherwise record quarter.
The closure of South Africa's biggest money market mutual fund has rekindled speculation that Absa Asset Management may be up for sale.
Singapore-based startup Grab Holdings is going public in the U.S. through the largest-ever merger with a blank-check company.
Mubadala may join a group investing in Saudi Aramco's oil pipelines, in a deal set to be backed by a loan of around $10.5 billion.
Treasury Secretary Janet Yellen is giving the U.S. a leading role in working with G-20 nations to find an appropriate minimum corporate tax.
Brevan Howard is making money for its billionaire co-founder Alan Howard and other partners through more than just hedge fund fees.
Public Investment Corp. expects platinum miners to continue making bumper payouts as tighter vehicle-emission rules boost metals demand.
Private equity firms are barreling through records as they place bets on technological revolutions in numerous sectors.
Thailand aims to create a new program to support an aging population that will add about 1 million retirees annually starting in 2023.
Credit Suisse and Nomura said they may face “significant” losses, following exposure to wrong-way bets by Archegos Capital Management.
In an argument set for March 29, Goldman Sachs will urge the court to put new limits on class-action shareholder suits.