Search Results for: Goldman Sachs
Brokers Battle Deutsche Bank Over Selling In-House Products
September 9th, 2014
Since the market collapse of 2008, scrutiny has intensified on the way large banks and securities firms treat their brokerage customers, particularly when it comes to steering them into the firms’ own products. One possibility raised in the 2010 ...
RBS unit may raise $3.5 billion in top U.S. bank IPO this year
September 8th, 2014
Citizens Financial Group Inc, the U.S. unit of Britain’s Royal Bank of Scotland (RBS.L), said its initial public offering was expected to raise as much as $3.5 billion, making it the biggest U.S. offering by a bank this year. ...
Pound Suffers on Scotland Poll
September 8th, 2014
Sterling dropped as opinion polls highlighted the risk Scotland will vote for independence next week, potentially splintering the U.K.’s 307-year-old union. Britain’s currency slid to the weakest against the dollar since November after a poll by YouGov Plc showed ...
U.S. bank regulators set to adopt liquidity, swaps margin rules
September 3rd, 2014
U.S. bank regulators plan to adopt on Wednesday rules forcing big banks to hold more assets that they could sell easily in a credit crunch, a requirement that is closely linked to the experience of the 2007-2009 financial crisis. ...
HSBC, Nomura Lose Bid to Block U.S. Regulator Lawsuits
August 29th, 2014
HSBC Holdings Plc (HSBA) and Nomura Holdings Inc. (8604) lost a bid to block claims by a U.S. regulator the banks say were brought too late, clearing the way for a trial of HSBC over questionable mortgage practices. U.S. ...
Morgan Stanley plans natural gas export plant in new commodities foray
August 29th, 2014
Morgan Stanley has quietly filed plans to build and run one of the first U.S. compressed natural gas export facilities, the first sign the bank is plunging back into physical commodity markets even as it sells its physical oil ...
$2.4 Billion Invested in Chinese Bad-debt Company
August 28th, 2014
China’s biggest manager of bad debt said on Thursday that it had attracted about $2.4 billion from eight investors, including Goldman Sachs and Warburg Pincus, before an expected initial public offering here. China Huarong Asset Management, the biggest of ...
Roche to acquire Drug Maker InterMune for $8.3 Billion
August 25th, 2014
The Swiss drug maker Roche is buying InterMune, a specialist in treatments for breathing diseases, for $8.3 billion, as pharmaceutical firms continue to seek new products to bolster their offerings. The Swiss drug maker Roche agreed on Sunday to ...
Deepening Gloom in Australia Poses Challenge to RBA
August 18th, 2014
A deepening gloom across the largest developed economy to escape recession during the global financial crisis is shaping up as one of the toughest challenges yet for Reserve Bank of Australia chief Glenn Stevens. While policy makers from the ...
Bank sued Ex-Deutsche head for $6.3m
August 12th, 2014
Former China head of Deutsche Bank, Lee Zhang, was sued in Hong Kong by the firm over the 2001 transfer of $3.99m to the account of a firm with a bank in Shenzhen. Bloomberg News reports that the bank ...
