Hedge fund manager Bruce Rose was among the first investors to coax institutional money into the mom and pop business of single-family home rentals, raising $450 million last year from Oaktree Capital Group LLC.
A former Rochdale Securities LLC trader pleaded guilty to federal conspiracy and wire fraud charges in connection with an unauthorized $1 billion purchase of Apple Inc. stock which led to his company’s failure.
Deborah Bernstein, who worked at Goldman Sachs Group Inc., Pequot Capital Management Inc. and Aquiline Capital Partners LLC in the 15 years since she graduated from Stanford University’s business school, has died. She was 41.
HSBC Holdings Plc’s Swiss private bank was an “open door” for money laundering and terrorist finance because managers failed to exercise controls, said Herve Falciani, a former software technician accused of stealing data.
Porter Airlines Inc.’s bid to more than double the reach of its network hinges on winning over governments in Toronto and Ottawa amid potentially fierce opposition from local residents in its hometown.