Bloomberg Credit Suisse Group AG said it agreed to recommend its hedge fund clients move to BNP Paribas SA after the Swiss bank decided to get out of that business. The referral agreement announced on Monday is part of Credit Suisse’s exit from the prime brokerage unit that lost billions in the collapse of Archegos Capital Management. Moving capital from ...

Bloomberg Elon Musk’s social media followers have spoken: The Tesla Inc chief should sell 10% of his stake in the electric-car maker. A majority of 3.5 million Twitter users — 58% — said they’d support such a sale in a Twitter poll that Musk ran during the weekend. The stake would be valued at about $21 billion based on 170.5 ...

Bloomberg The beginning of the end of cheap money was heralded as the moment emerging-market stocks would reverse a decade spent in the shadow of their developed-nation peers. It’s turning out to be anything but. After a three-week rally in October that briefly raised hopes of a comeback, the benchmark gauge for the group has sunk back, reaching a 20-year ...