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ADM 2,013.00 +10.00 (0.50%)
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A Wave Of Star Traders Are Dumping Banks For Hedge Funds Over New Cash Bonus Rules
Traders are fleeing cash bonuses that were capped last year at 65,000 pounds ($105,000) at U.K. lender Barclays Plc, 100,000 euros ($131,000) at Frankfurt-based Deutsche Bank and $125,000 at Morgan Stanley in New York, according to data compiled by ...
The World's Richest People Lost A Combined $17 Billion This Week
Iris Fontbona, the matriarch of Chile's richest family, lost $1.6 billion during the week after shares of copper producer Antofagasta Plc, the family's most valuable holding, fell 11 percent. The company announced May 3 it experienced a 13 percent drop ...