Bank Indonesia Governor Perry Warjiyo resigned on Monday, citing personal reasons that were not publicly disclosed, setting in motion the formal legal process to appoint a new head of Indonesia’s central bank.
Ray Dalio, the billionaire founder of Bridgewater Associates, is casting doubt on the future of the multistrategy hedge fund model that has surged to prominence in recent years. Speaking on Bloomberg’s Odd
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Editor’s Note: The following excerpts are adapted from the author’s new book, 1929: Inside the Greatest Crash in Wall Street History—and How It Shattered a Nation. Charles Mitchell strode up the steps of
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Deloitte has agreed to pay $34 million to investors who blamed the auditor for losses linked to the collapse of the South Carolina utility Scana’s nuclear reactor project, marking a rare securities
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A Manhattan jury has ordered BNP Paribas to pay more than $20 million in damages to three Sudanese refugees, in a landmark case examining the bank’s role in facilitating the financial operations
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Fraud factories in Myanmar blamed for scamming Chinese and American victims out of billions of dollars remain operational and have expanded, an AFP investigation has found. Satellite imagery and drone footage show
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Indian authorities have launched a fresh investigation into Adani Defence Systems and Technologies Ltd., a subsidiary of billionaire Gautam Adani’s vast business empire, over allegations of evading import taxes worth ₹770 million
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State securities regulators are raising concerns that their ability to prosecute cryptocurrency-related fraud could be sharply curtailed under draft legislation making its way through Congress — just as federal enforcement against digital-asset
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Deutsche Bank (NYSE:DB) Chief Executive Officer Christian Sewing is facing a multimillion-pound lawsuit brought by former employees who claim that a flawed internal audit, overseen during his tenure as chief auditor, damaged
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Taiwanese prosecutors have charged three people in the country’s first-ever indictment over the alleged theft of trade secrets tied to Taiwan Semiconductor Manufacturing Co.’s (TSMC) cutting-edge 2-nanometer chip technology, underscoring efforts to
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Major US technology companies are dramatically increasing spending on personal security for their chief executives, amid a surge in threats, public hostility, and incidents of violence targeting high-profile business leaders. According to
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