Goldman CEO ‘personally outraged’ by Malaysia’s 1MDB corruption scandal

Goldman Sachs Group Inc Chief Executive Officer David Solomon has told employees he is “personally outraged” that any of the bank’s officials would take the actions laid out in U.S. government…

Wells Fargo plans 1,000 U.S. job cuts

Wells Fargo & Co said on Thursday it notified about 1,000 employees in its Consumer Lending and Payments, Virtual Solutions and Innovations groups of plans to eliminate their positions.

DoubleLine Capital LP warns on U.S. investment-grade bonds

DoubleLine Capital LP portfolio manager Monica Erickson has a problem. She thinks the investment-grade corporate bond market, which is her specialty, is the worst place to be for bond investors.

Wells Fargo plans to cut 1,000 positions in U.S.: spokesperson

Wells Fargo & Co. said on Thursday the bank given has given notice to team members in its Consumer Lending and Payments, Virtual Solutions and Innovations groups that it plans to eliminate roughly…

U.S. big investors’ best investment ideas for 2019

The best investment ideas for 2019 range from buying local currencies in emerging markets to picking up beaten-down casino stocks to holding on to bank loans, according to investors who appeared this…

Third Point gains ISS, Glass Lewis support in Campbell proxy fight

Shareholder advisory firms Institutional Shareholder Services and Glass Lewis backed a push by Daniel Loeb’s hedge fund to make changes at Campbell Soup Co , including replacing some board members.

How U.S. seniors on Medicare can bridge the gap in dental insurance

During a recent visit to my dentist, we got talking about his frustrations with Medicare. “It’s amazing – they have managed to eliminate teeth from the human body.”

Proxy advisory firm ISS favors vote for Third Point nominees at Campbell

Shareholder advisory firm Institutional Shareholder Services on Wednesday recommended that Campbell Soup Co investors elect all five of Third Point hedge fund’s board nominees, giving a boost to the…