Tag archive for ‘Primary dealers’
Bloomberg On Thursday, May 28th, 2015

PMorgan $500 Million Bear Stearns Securities Deal Approved

  JPMorgan Chase & Co.’s $500 million settlement with pension funds over Bear Stearns’s sale of mortgage-backed securities was approved by a federal judge. Bear Stearns, acquired by JPMorgan in More...

Niva Goldberg On Tuesday, May 26th, 2015

David Rubenstein’s Carlyle hires Goldman for possible Telecable stake sale: Reuters

A source told Reuters that Carlyle group has hired Goldman Sachs to advise it on the possible sale of its controlling stake in Spanish telecom operator Telecable which operates in Asturias, northern Spain. Two More...

Reuters On Tuesday, May 5th, 2015

Morgan Stanley sees $292 million loss from Deutsche Bank lawsuit

Morgan Stanley said on Monday it could lose more than $290 million from a lawsuit by Deutsche Bank National Trust Co over the quality of about $735 million of the Wall Street firm’s mortgages. Deutsche More...

Reuters On Thursday, April 23rd, 2015

Deutsche Bank fined record $2.5 billion in rate rigging probe

U.S. and British regulators fined Deutsche Bank a hefty $2.5 billion and its key London subsidiary pleaded guilty to benchmark interest rate rigging on Thursday as it became the… By Reuters Top News @Reuters/ More...

Wes Edens’s Fortress Acquires OneMain Financial

Fortress Investment Group’s Co-Chairman Wes Edens announced agreement to acquire OneMain Financial: “As a significant shareholder of Springleaf, we believe this is a compelling transaction, both More...

Vered Weiss On Tuesday, March 3rd, 2015

Morgan Stanley CEO James Gorman Says Financial Management Does More Harm than Good

CEO James Gorman has seen Morgan Stanley recover from the worst financial crisis in the U.S. since the Great Depression and has been rewarded for his leadership. Morgan Stanley executives received stock-based More...

Vered Weiss On Tuesday, March 3rd, 2015

CEO Jamie Dimon Says He Feels Sorry for JPMorgan’s Investment Bank

JPMorgan’s investment bank was the stronger part of the bank, and the consumer bank, Chase, suffered during the financial crisis. Now, the situation has reversed to such an extent that Goldman More...

Vered Weiss On Tuesday, February 24th, 2015

CEO James Gorman Says Business Not As Usual at Morgan Stanley … and That’s a Good Thing

CEO James Gorman perfected a previously flawed strategy for Morgan Stanley, and now the bank is one of Wall Street’s best performers, according to Crains. Morgan Stanley’s stock has risen 55%, More...

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