Rolex worn by Marlon Brando fetches big money at auction
The entire Game Changers auction fetched $20.2 million in a White Glove Sale.
UBS must defend against U.S. lawsuit over severe investor losses
The Department of Justice sufficiently alleged that from 2005 to 2007, UBS intended to defraud or acted recklessly toward investors.
SunTrust changes name after BB&T merger, but Atlanta Braves stadium won't change name
Officials of both companies said in a statement on Monday that Truist is now the nation’s sixth-largest bank serving about 10 million customers.
Ackman's Pershing Square takes stake in Agilent Technologies
The Agilent stake was is valued at $246 million.
Morgan Stanley layoffs coming
Annual layoffs on Wall Street may be starting.
Wall Street compensation and bonus pay taking a beating
The bonus payment pool is shrinking according to a new report.
SunTrust, BB&T $66B deal creates Truist, CEO talks future
BB&T, SunTrust finalize merger, creating a new banking powerhouse.
Korean War vet denied VA benefits for 50 years, granted 5 years after his death
His widow finally received his check for retroactive benefits and her own survivor benefits.
California to protect insurance policies in wildfire areas
The new law provides protection homeowners in the wildfire-plagued state say they are being pushed out of the commercial insurance market
Startup uses AI technology to create diverse pool of early-career job candidates
College graduates never seem to fit professional experience qualifications on job apps, but this startup plans to squash it.
WeWork opens record number of buildings in December
Openings come despite financial trouble, executive changes and employee layoffs.
Court sides with Congress in battle for Trump’s bank records
The court said the application by the president and his children to block the subpoenas was properly denied by a judge this year.
If Charles Schwab, TD Ameritrade $26B deal fails, big fee to be paid
If the merger of Charles Schwab and TD Ameritrade deal fails, the termination fee would cost about a billion dollars.
Buffett's Berkshire misses out on $5B acquisition of Tech Data
Berkshire Hathaway has a record pile of $128 billion in cash on hand
Schwab Charitable suspends customer donations to NRA affiliates
In the past three fiscal years, Schwab Charitable donated $146,000 to NRA-affiliated charities.
Westpac Bank chief resigns over $7 billion money-laundering scandal
The bank’s CEO, Brian Hartzer, was given 12 months' notice and will still get his $2.7 million Australian dollar salary ($1.83 million). He will forfeit unvested bonuses and is ineligible for future bonuses.
Rural America seeing 'considerable decline' in bank branches
Consumers and small businesses said they were unable to find substitutes for all financial services.
John Hancock CEO shares how to be an effective, empathetic leader
Let things roll off your back, but remind everyone that you're the boss, she says.
Wells Fargo in hot water again, may refund customers for account service fees
A lawmaker is pressing the bank to release details about what could be its next big scandal.
Charles Schwab's $26B offer for TD Ameritrade may jump start M&A
Dealmaking may get a big boost in the coming weeks and months.