The US government sold off its remaining shares in Citigroup yesterday, making a strong profit from its ownership of the bailed-out banking giant.
Warren Buffett has pledged $50m to the creation of a UN nuclear fuel bank, keeping a promise the Sage of Omaha made back in 2006.
The trustee trying to recover billions for the victims of Bernard Madoff yesterday sued JPMorgan for $6.4bn, claiming it was 'wilfully blind' to the giant fraud.
In the latest Conjecture debate, our panelists from Legg Mason, Standard & Poor's and Threadneedle discussed US Small Caps.
The new Basel III banking rules will leave the largest US banks short of between $100bn and $150bn in equity capital.
Legg Mason's chairman Bill Miller has slammed investors for ignoring the advice of ‘the Sage of Omaha' Warren Buffett.