Britain's Prudential is studying a possible public offering in Hong Kong or Shanghai, becoming the latest multinational interested in listing in the fast-growing region, media reported on Thursday.
China on Monday launched the latest in a long list of attempts to rein in industrial overcapacity to keep its fast-growing economy on an even keel and prevent investment from going to waste.
Shares of Lazard dropped as much as 5 percent Thursday following the death of the investment bank's chief executive, legendary Wall Street dealmaker Bruce Wasserstein.
It’s been four decades since the go-go years of the late 1960s, when hot mutual funds captured the imagination of investors by reporting performance that was too good to be true. It’s been so long that Bank of America seems to have forgotten what happened.