Family Owners of Julius Baer, a Swiss Bank, Cede Control
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The announcement that the Baer family will give up control of Julius Baer Holding sent shares to a 10-month high on speculation the company might be bought.
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In the wake of the SociÃ©tÃ© GÃ©nÃ©rale scandal, Franceâs business aristocracy finds itself in a place it never wants to be: the spotlight.
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Two young heirs to the Pritzker family empire can go forward with claims that relatives looted their trusts of more than $1 billion, a Cook County judge ruled yesterday.
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Emilio Botin, chairman of Santander Central Hispano SA, Spain s largest bank, was ordered to stand trial for allegedly helping clients evade taxes in the late 1980s.
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Bernie Ecclestone today faced a potential knockout blow in his fight to maintain control of Formula One racing. Creditor banks which own 75% of parent company Formula One Holdings (FOH) asked
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With so few mergers and acquisitions these days and with fees for them shrinking, bankers have found a new way to milk more cash out of deals: working with both buyer and seller.
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Deustche Bank, Germany's biggest bank, said it finalised the sale of a portfolio of 109 business properties to British investment fund Eurocastle Investment for 300 million euros (211 million pounds).
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The family that helped create the Pequot tribeâs casino wealth says it has been cast aside.
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The secret details on how one of  America's richest families, the Pritzker heirs to the Hyatt  hotel chain, divided up the family fortune among feuding heirs  could be revealed after a court ruling on Thursday.
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The resurrection of Florsheim sheds light on the fragility of family succession and control in even the most established of enterprises.
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Once upon a time, there were two building societies. The Halifax and the Abbey National dominated the mortgage business, with half the market between them, while the banks confined themselves to current ...
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BERLIN Sept. 21, 2004 - The billionaire heir of a Nazi-era arms supplier has put his massive art collection on show amid accusations that he is trying to rehabilitate the family name and downplay the use of slave labor by his grandfather&#39;s company.
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Heirs of a Jewish family that lost its German department store fortune under the Nazis have won a court verdict that advances their &#36;193 million claim to property on a famous Berlin square, a lawyer said Monday.
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Rumors that the Swiss banking giant is set to divide in two are unlikely to be true.
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George Soros, the billionaire investor, is giving greater control of his business to his two sons, Robert and Jonathan, and at the same time scaling back his empire by spinning off several divisions.
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The 242-year-old Baring name is to pass into American ownership after it was sold by the Dutch bank ING which rescued it from collapse nearly a decade ago.
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The Colombian state finally wins control of the estate of the late Medellin drugs baron, Pablo Escobar.