Three ex-ICAP Plc brokers accused of manipulating benchmark interest rates tied to the Japanese yen conspired with Tom Hayes, a former UBS AG and Citigroup Inc. trader who was the first to be charged in the global probe, prosecutors said.
Seibu Holdings Inc. President Takashi Goto is seeking to relist Japan’s biggest hotel chain after a nearly 10-year hiatus. Now he needs to court investors made wary by two other recent IPOs that flopped.
Paul Tudor Jones, Michael Novogratz and Louis Bacon, hedge-fund managers that profited last year from bets on macroeconomic trends, posted losses in the first quarter as some of those trades turned against them.
Corporacion Andina de Fomento, the development lender that sold South America’s first Kangaroo bond last year, may return to the Australian market in 2014 and is weighing prospects for issues in New Zealand and Canada.