
| URL : | http://dealbook.blogs.nytimes.com/ | |
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| Filed Under: | Business & Finance | |
| Posts on Regator: | 34487 | |
| Posts / Week: | 125 | |
| Archived Since: | March 7, 2008 | |
Analysts were breathless waiting for impending disaster from the bailout in Cyprus. But nothing bad happened.
The chief and an associate are charged with defrauding Apollo Global Management.
Some economists say that they are optimistic about reducing Europe’s debt levels after leaders took controversial steps in the Cyprus bailout.
The crisis in Cyprus highlights the need for common European regimes on deposit insurance and on winding down failing banks.
With Dell's stock trading well above the $13.65 a share that its founder and the investment firm Silver Lake have offered, the would-be buyers may very well have to raise their offer. But that's going to cost real money, and it won't come easily.
The criminal prosecution of Mathew Martoma, a former SAC employee, continues, and it raises the intriguing question about whether prosecutors will call anyone from the hedge fund as a witness against him.
The Man Group, the largest publicly traded hedge fund firm in the world, said annual cash bonuses for its top executives would be capped at up to 250 percent of salary.
Premier Li Keqiang pledged in his first news conference to fight graft and pollution, but no one expects quick solutions.
Lloyd C. Blankfein, the chief executive of Goldman Sachs, has gained a daughter-in-law.
The Surfrider Foundation, a coastal protection group, claims in a lawsuit that the owner of a beachfront property near San Francisco has cut off access to Martin's Beach, reports PE Hub. "While documents list the owner of the property...Show More Summary
The Royal Bank of Canada said on Monday that it has hired Michal Katz and Michael Carter as the new co-heads of its United States technology investment banking group, and Erik-Jaap Molenaar as a tech deal maker.
The Senate report and hearing on JPMorgan Chase’s $6 billion trading loss provides a portrait of a bank that went right to the edge of acceptable practices, and may have even stepped over the line.
Just as pressure was easing on Europe’s financial sector, the situation in Cyprus has created chaos, sending bank shares tumbling and raising concerns that other institutions could face similar problems.
Olivier Metzner, the lawyer who represented Jerome Kerviel, the Societe Generale trader convicted in 2010 of creating more than $6 billion in losses on unauthorized trades, was found dead in Brittany on Sunday morning, an apparent suicide, The Guardian reports.
SAC Capital sees the positive in a $616 million settlement of two insider trading suits. | A Senate hearing on JPMorgan Chase's huge trading loss shines a spotlight on Jamie Dimon. | Shares of big banks fell on news that a bailout for Cyprus would require depositors to share the cost. | Lloyd C. Blankfein has gained a daughter-in-law.
Blackhawk Network Holding, the gift card business largely owned by the grocery chain Safeway, filed to go public on Monday, with preliminary plans to raise as much as $200 million. Safeway will continue to hold a large stake Blackhawk after the offering. Read more »
Some investors and board members have criticized Jamie Dimon as arrogant, but no serious threat to his power is expected.
SAC Capital Advisors sees the $616 million fine as a big victory, a good price for peace; Others say the S.E.C. could have done far worse to a financier of Steven Cohen’s means.
Two affiliates of the giant hedge fund have settled insider trading cases with the S.E.C., for $614 million, in what the agency said was the biggest ever settlement for such cases.
Lawmakers took aim at JPMorgan for misleading investors and regulators about the disastrous bet, building off a scathing, 300-page Congressional report released Thursday.