Investment giant Softbank announced that its Vision Funds unit lost 3.5 trillion yen ($27.5 billion) in the fiscal year that ended in March. SoftBank’s Vision Fund, which invests in high-growth firms was founded by Masayoshi Son in 2017 as a …
Goldman Sachs Group’s former Southeast Asia chairman, Tim Leissner, will testify against his former colleague in a trial over the multibillion-dollar looting of a Malaysian state investment fund. Roger Ng, Goldman’s former head of investment banking in Malaysia, is the …
SoftBank announced late Tuesday that it will commit $3 billion for a private investment funding that will be focused on technology companies in the Latin American market. In a statement, the company said that the launching of the SoftBank Latin …
Investment firm Vanguard Group Inc. is offering a $1,000 incentive to their US-based employees who get vaccinated by October. Bloomberg reported on Wednesday that the offer will apply to staff who got vaccinated before the incentive was extended as well …
PayPal and Visa have invested in the venture capital firm Blockchain Capital whose latest and fifth funding, estimated to be around $300 million, was announced on Tuesday. “Investing in Blockchain Capital’s new fund allows us to engage with the entrepreneurs …
Hong Kong’s financial watchdog fined the Asian unit of Goldman Sachs Group Inc. $350 million for its involvement in the state fund 1Malaysia Development Berhad bribery scandal, the regulator said on Thursday.
Berkshire Hathaway agreed to pay $4.14 million as settlement for the 144 shipments of its foreign subsidiary that allegedly violated Iran sanctions, the United States Treasury Department said in a statement last October 20.
