High-net worth individuals

Joe Lewis: British Billionaire Who Admitted to US Insider Trading Argues He Shouldn’t Go to Jail

British billionaire Joe Lewis pled guilty to insider trading and sought supervised release for three years and a $5 million punishment instead of jail time.


EQT Plans to Divest 20% Stake in Ottobock to Its Existing Major Shareholders

Swedish global investment company EQT will return 20% of Ottobock's investment to its significant shareholders...

London Stock Exchange Group Plans to Increase CEO Pay

The London Stock Exchange Group (LSEG) is considering doubling CEO maximum pay amid concerns on UK firms' US listings and competition from high-paying American tech companies...

Swiss Bank Banque Pictet Admits to Conspiring With US Taxpayers to Hide Over $5.6 Billion From IRS

Swiss bank Banque Pictet has acknowledged its involvement in a conspiracy with US taxpayers to conceal over $5.6 billion from the Internal Revenue Service (IRS)...


Latest News

OnBeep Raises New Funding Worth $6.25M
San Francisco-based startup OnBeep has announced a new Series A round of $6.25 million in new funding to build what it calls “beautiful wearable communication devices that unite groups and allow teams
Tydy pockets $138,000 from angel investors
Tydy managed to raise $138,000 in angel funding from the online platform, LetsVenture. Participating in the round are investors, Hareesh Ramana, Nikhil Ramanlal, Bhupen Shah from Silicon Valley and ot
Retention Science's "retention marketing technology" gets $7 million in Series A
Retention Science managed to raise $7 million in Series A funding, backed by Upfront Ventures, and earlier investors including Baroda Ventures, Forerunner Ventures, Mohr Davidow Ventures as well as so
Metanautix gets $7 million in initial funding
Metanautix has received $7 million in initial funding from Sequioa Capital, the Stanford University Endowment Fund and Shiva Shivakumar, a former VP of engineering at Google. The company plans to rele
FlexWage Solutions secures $3.5 million from unnamed investors
FlexWage Solutions announced it was able to secure $3.5 million in growth funding from several unidentified investment companies as well as high net-worth financial technology executives.
British government-backed fund aids Destiny Pharma to raise money for post-surgery clinical drug trial
Destiny Pharma recently announced in a press release that it was able to raise £2.8 million to fund the clinical trial of a drug aimed to prevent post-surgical infections. The company's recent fundin
Start-up behind 'dunkable' phone technology explores Asian IPO
P2i, a technology spin-off from Britain's Ministry of Defence, is looking to raise as much as 10 million pounds ($17 million) from Singapore investors as it readies the launch of its "Dunkable" or wat
Retirees: Have you checked bank CD rates lately?
Getting low-risk yield has been one of the toughest challenges for retirees ever since the financial meltdown of 2008-2009. Interest rates are near zero, and many retirees are nervous about bonds out
Facebook's Zuckerberg pledges $120 million to Bay Area schools
Facebook founder and CEO Mark Zuckerberg and his wife Priscilla Chan have pledged $120 million to Bay Area schools to help underserved communities in San Francisco, the two wrote in an essay to the Sa
Pinterest wins new funding, raising valuation to $5 billion
Pinterest has raised a new $200 million round of funding that gives it a valuation of $5 billion, the photo pin-up site said on Thursday. Pinterest, which allows users to create online bulletin boards
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