Search Results for: Bill Gross
Star investor Bill Gross reaches $81 million settlement with Pimco
March 29th, 2017
Legendary investor Bill Gross has reached an $81 million truce with Pimco, ending a war with the firm he founded and built into the world’s biggest bond manager. Gross and Pimco announced on Monday they reached an “amicable settlement” ...
Bill Gross: Central Banks Are Pushing Investors to Bitcoin
October 5th, 2016
Risky markets and an incapable central banking culture could drive investors into the arms of bitcoin and gold, billionaire asset manager Bill Gross opined in a recent note to investors. Gross, who founded the Pacific Investment Management Co and ...
Pimco Asks Court to Throw Out Bill Gross’s Civil Suit
November 10th, 2015
Firm calls suit ‘legally groundless and sad postscript’ to a storied career Pacific Investment Management Co. on Monday asked a California court to throw out the civil lawsuit of bond investor Bill Gross, saying the complaint is “legally groundless” ...
Pimco manager returns after Bill Gross’s departure
October 30th, 2014
Nothing crystallised the controversy over Bill Gross’s management style at Pimco so much as the suggestion that one underling was so unhappy he quit to sell croques monsieur from a food truck. But with the departure of Mr Gross ...
Pimco changes Bill Gross model
September 29th, 2014
Pimco CEO Doug Hodge told on Sunday that Pimco is moving away from a founder-led model and that the Newport Beach, California-based firm’s flagship fund previously run by co-founder Bill Gross “does not define Pimco.” “Recognize that we are ...
Tourism: €572 billion gross value added in the EU. The countries with the highest shares of tourism
April 21st, 2023
In 2019, the last year before the COVID-19 pandemic heavily hit the tourism sector, the gross value added directly generated by tourism amounted to an estimated €572 billion, or 5% of the total gross value added in the EU ...
BP ‘grossly negligent’ in 2010 U.S. spill, fines could be $18 billion
September 5th, 2014
A U.S. judge has decided that BP Plc was “grossly negligent” and “reckless” in the Gulf of Mexico oil spill four years ago, a ruling that could add nearly $18 billion in fines to more than $42 billion in ...
CEO of Denmark bank quits amid an alleged $233 billion money-laundering investigation
September 20th, 2018
The chief executive of Danske, Denmark’s largest bank, resigned Wednesday after a year-long internal investigation into money laundering found $233 billion in suspicious transactions moving through the bank’s tiny branch in Estonia — nearly 10 times larger than that ...
Foreign investors pumping billions in the second most populous city of the UAE
May 15th, 2017
Foreign investors pumping billions into Abu Dhabi real estate Investment into Yas, Reem and Saadiyat islands on the rise, says SCAD More than 25 percent of total foreign investment was made into Abu Dhabi’s real estate and infrastructure projects ...
Costa Coffee owner Whitbread reports sales of £3.1 billion
April 25th, 2017
2016/17 was a 52-week year whereas 2015/16 was a 53-week year. In order to provide a clearer comparison, year-on-year growth relating to revenue, underlying profit and underlying earnings per share are shown on a 52-week comparative and a number ...
