Investment Banking and Securities Dealing

1-17 of 39 results

Lehman sues Barclays over windfall profits

Reuters US Online Report Business News 8 days ago

(Reuters) - Lehman Brothers Holdings Inc <LEHMQ.PK> has filed a lawsuit against Barclays Capital Inc alleging the British bank took control of excess assets in collusion with Lehman executives when it bought its U.S. brokerage business a year ago, court documents show. ...

BofA ex-counsel says "stunned" by firing

Reuters US Online Report Business News 8 days ago

WASHINGTON (Reuters) - Former Bank of America Corp <BAC.N> general counsel Timothy Mayopoulos was "stunned" to be fired as the bank was trying to wrap up its purchase of Merrill Lynch & Co, after being promised the same job at the combined ...

J.P. Morgan seen close to $1.7 billion Cazenove deal

Reuters US Online Report Business News 8 days ago

LONDON (Reuters) - J.P. Morgan <JPM.N> is close to buying out British stockbroker Cazenove in a deal likely to be worth almost 1 billion pounds ($1.7 billion) and trigger windfalls for dozens of London's top dealmakers. Talks are continuing between the two ...

JP Morgan bids for queen's broker Cazenove: report

AFP European Edition 9 days ago

US investment bank JP Morgan Chase wants full control of 190-year-old London stockbroker Cazenove by buying the 50-percent stake which it does not already own, the Financial Times reported on Monday. The paper, which cited people familiar with the matter, said JP ...

JPMorgan's Dimon says end "too big to fail"

Reuters US Online Report Business News 11 days ago

NEW YORK (Reuters) - JPMorgan Chase & Co <JPM.N> Chief Executive Jamie Dimon called the idea that any bank is too big to fail "ethically bankrupt" and said regulators should have the power to wind down even the largest lenders. "If some ...

OPEN TEXT: MAYBE OPEN SEASON

BusinessWeek 12 days ago

OPEN TEXT: MAYBE OPEN SEASON Open Text (OTEX) is the largest independent provider of "enterprise content management" software, which lets users collaborate, share, store, and retrieve info on the Web. The company's allure is that it boasts some major tech partners, including ...

Dollar General IPO set at $21 per share

AP News 12 days ago

Discount retailer Dollar General prices IPO shares at low end of range, trading begins Friday Investors looking to have a hand in the future of frugal will watch shares of discount retailer Dollar General, which will begin trading Friday now that the ...

Bank of America CEO search still looms

AP News 12 days ago

Bank of America still in need of new CEO as Ken Lewis' retirement date approaches With Bank of America Corp. CEO Ken Lewis retiring in less than seven weeks, analysts don't see any candidate emerging as a front-runner for his successor. The ...

Setback in Bear Stearns case may force gov't shift

AP News 13 days ago

Setback in Bear Stearns case should force government to change tactics in other meltdown cases The swift acquittal of two Bear Stearns executives in the government's criminal case tied to the financial meltdown likely will force prosecutors to rethink the evidence they ...

Jury acquits ex-Bear Stearns hedge fund managers

Reuters US Online Report Top News 14 days ago

NEW YORK (Reuters) - Two former Bear Stearns hedge fund managers were found not guilty of fraud, a decision that could make government prosecutors less likely to bring criminal charges against Wall Street executives for their role in the financial crisis. The ...

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