Wells Fargo suffers a rare punishment—a cap on assets

ON HER way out, Janet Yellen, who stood down as the Federal Reserve’s chair on February 2nd, paused to add yet another sanction to those already imposed on Wells Fargo for foisting unwanted insurance and banking products on clients. The latest punishment is a highly unusual one. Wells will be blocked from adding assets to […]

UK will seize assets held by foreign criminals, says security chief

The UK has introduced sweeping new powers which, according to the country’s security minister, will be used to seize the assets of foreign criminals. Speaking to the Times, cabinet minister Ben Wallace said that he would use “the full force of the government” to stifle the activities of investors using Britain as a haven for their […]

Celebrity Big Brother 2018: Ashley James flashes assets in hot tub with Jess Impiazzi

Since her Celebrity Big Brother co-star, Ginuwine, was evicted earlier in the week, Ashley has let her hair down and has really started to have some fun in the famous house.  Tonight’s instalment saw the usual blonde beauty transform her luscious locks with a slick of hair dye.  Ashley, 30, is now a pink poppet […]

Celebrity Juice: Denise Van Outen's assets almost pop out as John Barrowman RIPS trousers

Denise, 43, was first up to take on the Wibbly Wobbly Word game which consisted of lying down on a vibrating platform and describe a word to their teammates to guess. Wearing a Marie Antoinette inspired outfit for the episode, the presenter was concerned about flashing her underwear. John Barrowman came to her rescue and […]

Comcast is also interested in buying most of Fox’s assets

It’s not just Disney interested in snapping up a large chunk of 21st Century Fox. Wall Street Journal tipsters claim not just that Disney has resumed “active talks” to buy most of Fox’s movie and TV assets, but that Comcast has entered discussions as well. Apparently, the initial leak of Disney-Fox negotiations prompted a frenzy […]

Google lets developers find 3D assets without leaving VR

Google recently unveiled Poly to give VR and AR developers an easy way to find 3D assets for their virtual worlds. Now, it has introduced Poly API to help developers work with and discover those assets directly in virtual reality. “It’s just so much more natural to work in VR in something like [VR painting […]

Magnitsky Act mastermind seeks to stop Cyprus from revealing his offshore assets to Russia

A group of MEPs have urged Cyprian authorities not to cooperate with Russia on an inquiry against the man behind the Magnitsky Act, William Browder. Now, a Russian lawyer claims that Browder himself arranged this petition to hide data on his operations. Browder, a US-born British investor and the founder of Hermitage Capital Management, fears […]

One of the hottest hedge fund launches of the year has doubled its assets in about 6 months

Reuters / Lucas Jackson Hedge fund Light Sky Macro launched earlier this year, with the backing of Steve Cohen, Dan Loeb and a number of other hedge fund managers. The fund had a rough start but is now in positive territory. The fund was started by Ben Melkman, a former partner at Brevan Howard.   […]