The firm says Gross showed 'bad faith' in pursuing a $200-million lawsuit over his sudden 2014 departure.
Goldman Sachs has told staff at its asset management division GSAM to tighten their belts amidst poor performance, the FT reports.
The serial entrepreneur and investor shared his favorite reads in a recent post on Cyber Dust. They're all about business success.
Billionaire fund manager Bill Gross claims he has suffered damages in excess of $200 million from Pimco, his former employer.
Gold slid to a three-month low on Friday, extending losses after Fed Chair Janet Yellen indicated the central bank could raise rates within months.
Increased defaults in China's corporate bond market - generally viewed as a positive - could send investors running for the hills, analysts warned.
Bond giant Pimco identifies the four big risks for the Chinese economy in a report. Here they are:
Pimco has stepped up a war of words with its ex-CIO Bill Gross, saying he could have been fired for abusing colleagues, the Financial Times reports.
What will be the Fed's next move: raise rates or wait to see how the market plays out?
Former UK PM Gordon Brown has become an adviser to Pimco, his first major role in the private sector, the FT reports.
Mark Kiesel, PIMCO CIO, discusses ways to get equity-like returns in bonds.
Richard Clarida, Global Strategic Advisor, Managing Director, PIMCO, responds to the Fed Minutes.
The Fed has inflated a bubble and that's going to damp market returns, perma-bear Marc Faber, publisher of The Gloom, Boom & Doom Report, told CNBC.
Bottom line for investors?
"We get this question all the time."
Allianz is the parent company of Pimco. Oliver Bate, Allianz SE Chairman and CEO, discusses Bill Gross' lawsuit, and the company's growth strategy.
PIMCO Global Head Mark Kiesel discusses the upside to credit and how investors can earn 5 percent in corporate bonds.
Mr. Gross's lawsuit against PIMCO is not simply about astronomical damages, but much more, says Dan Eaton.
Patty Glaser, PIMCO Founder Bill Gross's lawyer, explains why Gross is suing PIMCO for $200 million.