Financials

Man Group CEO Manny Roman Named PIMCO's New Chief

Pacific Investment Management Co (PIMCO) has hired Emmanuel 'Manny' Roman, the chief executive of the world's biggest listed hedge fund Man Group, as it tries to reverse a slump in fortunes since co-founder Bill Gross left in 2014.

Man Group CEO Manny Roman Named PIMCO's New Chief

Pacific Investment Management Co (PIMCO) has hired Emmanuel 'Manny' Roman, the chief executive of the world's biggest listed hedge fund Man Group, as it tries to reverse a slump in fortunes since co-founder Bill Gross left in 2014.

Goldman Sachs 2Q Profit Jumps 78%

Goldman Sachs reported a 78 percent jump in quarterly profit as the Wall Street bank earned more from bond trading and its expenses fell.

Wells Fargo's 2Q Earnings Slip

Wells Fargo said its second-quarter profit fell as the nation's third-largest bank by assets continued to deal with low interest rates that sap lenders' profitability

Wells Fargo's 2Q Earnings Slip

Wells Fargo said its second-quarter profit fell as the nation's third-largest bank by assets continued to deal with low interest rates that sap lenders' profitability