Reuters exclusively reported on Goldman Sachs’ aggressive campaign to water down a proposal to raise capital requirements for big banks. A Reuters review of private Goldman documents, interviews with program participants and public disclosures revealed how Goldman...
Reuters reported first Abu Dhabi Bank (FAB) is in advanced talks to acquire Turkish conglomerate Koc Group’s 61.2% stake in Istanbul-based lender Yapi Kredi for about $8 billion. Shares in Yapi Kredi soared 10% after the news emerged, while Koc Holding jumped more...
Michael Kelly was a minor-league pitcher when he wagered less than a hundred bucks on baseball. Now a reliever for the Oakland A’s, he has received a year-long suspension and will forfeit his annual salary.