El-Erian joins peer-to-peer lender Payoff

Former Pimco chief executive leads $12m equity finance round

Yahoo bites back as activists circle

Mayer mounts five-pronged defence of turnround efforts

BNY Mellon in Asia wealth management push

HK unit joins US banks seeking to expand investment services

Euan Sutherland and Julian Dunkerton

SuperGroup founder Dunkerton steps down

Former Co-op Group chief Euan Sutherland takes helm

BGC in hostile $675m bid for rival GFI

Interdealer broker acts after ‘delays’ in striking negotiated deal

Peugeot turnround boosted by China sales

Latin American operations are still struggling

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