Can any metric justify soaring tech valuations?
Valuation metrics for Tesla and Faang stocks split investors
US
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Three reasons why gold is a good bet now
A potential end to the near unprecedented dollar bull market could strengthen gold prices
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$18m Isle of Man tax fraud exposed in the US
If proven, the allegations could lead to 20 years in prison
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Offshore banker pleads guilty to Fatca fraud in landmark case
Ex-boss of Hungary and St Vincent & Grenadines-based Loyal Bank has ties to defunct UK DFM Beaufort
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Passive US equity funds outperform actives
Cheapest US equity funds have produced better returns compared to pricier active peers, according to Morningstar
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Adviser appoints from Raymond James for US launch
Brussels-based US expat specialist sets up Florida outpost
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Legg Mason pays $71m to settle Libya bribery case
Global investment manager involved in scheme to secure investments from Libyan officials
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Can India lure investors back in?
Prime Minister Narendra Modi says India is an ‘elephant that’s starting to run’
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Defendant pleads guilty in Beaufort Securities case
A British citizen has also been extradited to the US to stand trial
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Credit Suisse Hong Kong to pay $77m for corrupt hiring scheme
Credit Suisse’s investment bank in Hong Kong will pay a total of $77m (£58.2m, €65.9m) to settle criminal and civil proceedings taken by the US Department of Justice and the Securities and Exchange Commission (SEC) for its role in a corrupt hiring scheme.
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Goldman Sachs offers US Smaller Cap Equity Portfolio
The portfolio is a new sub-fund of the Ucits-qualifying Luxembourg-domiciled Goldman Sachs Funds Sicav.
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Credit Suisse to pay $47m to resolve Asia hiring probe
Credit Suisse has agreed to pay a penalty of $47m (£35.1m, €40.1m) to the US Department of Justice (DOJ) to end an investigation into whether it hired employees in Asia in return for investment banking business and regulatory green lights.