Berkshire Hathaway Inc's founder and CEO Warren Buffet would get more than USD2 billion stock in Goldman Sachs Group, said a Bloomberg report.
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Gnanalingam becomes billionaire from Wesports Holdings IPO
Westports Holdings Executive Chairman G. Gnanalingam became a billionaire with the port operator's initial public offering.
FBI shuts down alleged Bitcoin marketplace
The Federal Bureau of Investigation had shutdown Silk Road, an alleged online bitcoin marketplace used to perform illegal activities, said a Reuters report.
Seguchi to solely head BoFA Merrill Lynch Asia-pacific investment bank business - memo
An internal memo news agency Reuters had obtained revealed that Bank of America Merrill Lynch had reassigned its co-heads of its Asia Pacific investment banking business.
Redpoint Ventures hires former Twitter head of platform
Redpoint Ventures announced on Tuesday that it had hired former Twitter Inc executive Ryan Sarver as a partner in the venture capital firm, according to a company press release.
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SAC Energy portfolio manager Nick Tiller would retire from his post after 12 years of service, said a Bloomberg report.
Freddie Mac announced its new chief financial officer, James Mackey, a top executive in Ally Financial Inc. last Monday.
Kevin Dowd pleaded guilty against an insider trading case filed against him in a US District Court in New Jersey.
CapAsia executive Vijay Sethu filed a defamation case against Johan Bastin, also an executive in the company, in the Singapore High Court, said a Bloomberg report.
Intesa Sanpaolo named its new CEO after the resignation of Enrico Tommaso Cucchiani, according to a Bloomberg report.
UK Prime Minister David Cameron flaunted his new housing plan at the start of his campaign for the 2015 elections last Sunday, said a Reuters report.
Kaufhof CEO Olaf Koch, in an interview, said the company is doing well and not considering mergers. Kaufhof, the German department store chain, is doing well but its owner Metro is planning to sell it.
Consumer goods conglomerate PepsiCo appoints new AMEA CEO in Sanjeev Chadha. PepsiCo Inc, the US based softdrink giant had announced its appointment of its new CEO for Asia, Middle East and Africa, Sanjeev Chadha to be made effective immediately.
A source told Reuters that US Federal Reserve Vice Chair Janet Yellen was still the top choice to succeed Chairman Ben Bernanke in January.
