The minute I saw Snap Inc.’s financial statements last year, I couldn’t understand why the company was going public at such a young stage of its development with so short a track record for its corporate strategy. The initial public offering (IPO) for Snapchat’s parent company went well, showing that investors saw Snap as a promising blank state with all ...

Having dominated UK politics for the last two years, you might think that all of the news about Brexit would have led some Brits to change their minds one way or the other. Indeed polls have shown that something like three-quarters of Brits think that their government is handling the UK’s exit from the EU badly. Yet when it comes ...

Bloomberg Credit Suisse Group AG was scolded by Switzerland’s financial regulator for its failure to properly oversee a former star wealth manager convicted of fraud, escaping any real penalties for its compliance shortcomings. Finma identified deficiencies in the bank’s anti-money laundering controls as well as shortcomings in its oversight of the manager, identified as Patrice Lescaudron by people with knowledge ...