SUBSCRIBERS
Pimco, Gross settle row over his ouster; proceeds from suit to go to charity
Published Tue, Mar 28, 2017 · 09:50 PM
Newport Beach (United States)
A BITTER legal war between bond investor William Gross and Pimco, the company he built into one of the biggest asset managers in the world, is over.
A lawyer representing Mr Gross filed a request on Monday in California state court to dismiss the investor's lawsuit over his 2014 ouster.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Banking & Finance
China’s CICC demotes senior bankers, cuts pay to slash costs
Credit Suisse China securities joint venture says staff down 46% in 2023
More than 90% of stablecoin transactions aren’t from real users, study finds
RBA to keep key rate at 12-year high as inflation stirs anew
Buffett praised Apple after trimming it, drops Paramount stake
Westpac net profit falls 16%, announces additional A$1 billion buyback