(Bloomberg) -- Mossack Fonseca & Co. said it’s cooperating with investigators after Panamanian prosecutors raided the offices of the law firm whose offshore tax haven leaks have focused scrutiny on world leaders from Europe to Asia...
Every day, electronic trades representing trillions of dollars’ worth of equities, derivatives, currencies, and fixed-income assets pass under this roof
(Bloomberg) -- The Massachusetts Securities Division recently fired a shot heard around the robo-adviser world when it declared that the online financial advisers may not be up to snuff as fiduciaries for investors. If that's the case, it...
These changes will have a meaningful impact for those who, until now, have found it easy to use offshore financial vehicles to reduce their tax payments.
(Bloomberg) -- Blackstone Group LP, the asset manager run by Stephen Schwarzman, will shutter a mutual fund that allocates money to hedge fund managers following a large redemption by the vehicle’s main backer, Fidelity Investments...
Bonds were slower than stocks to face the threat from indexing because their returns typically are lower and the difference in performance among funds is often modest
