Seven lenders including Barclays and Morgan Stanley provided $US13 billion ($19.3 billion) in financing for the billionaire’s Twitter takeover. They’re still sitting on the debt two years later.
The paedophile financier said he could introduce the Wall Street banker to the president of Columbia University at Davos to secure his daughter a place,according to a previously confidential report.
Media mogul Rupert Murdoch has coveted The Spectator for decades – now is his chance to pounce.
Bets on a US Federal Reserve 50 basis point rate rise at the start of the month have been dramatically altered by the collapse of two mid-sized US banks and troubles at Credit Suisse.
Households are confronting the sharpest inflation spike in years,fuelling the case for an early interest rate rise.
Strict lockdowns to stop the spread of Delta may have hit the economy harder than expected,fuelling fears the recovery from the pandemic could be derailed by the new Omicron variant.
Jes Staley is leaving the bank after a dispute with British financial regulators over how he described his ties with convicted sex offender Jeffrey Epstein.
Australia is poised to slip out of its strongest ever economic performance into one of its worst as state lockdowns dent consumer spending and play havoc with the nation’s jobs market.
Class action lawsuits are rare in the UK,but this one promises to be a doozy.
Some of Australia's top deal makers are heading up a new investment banking venture backed by ASX-listed fund manager Magellan and British bank Barclays
The infection numbers are low and the economic costs are mounting - but scientists warn it's too soon to reboot the economy by opening restaurants and offices.