Barclays hired investment bankers Paul Knight and Michael Rawlinson to lead its global metals and mining team.
Finance/Venture
Global Founders Capital reveals first three investments
Global Founders Capital announced today its first round of investments in three online startups which totaled over USD5 million.
Ackermann steps down from Zurich board
Zurich Insurance executive Josef Ackermann resigned from the company after its finance chief died of suspected suicide.
Bidders for BondDesk known
Two of the three bidders for BondDesk Group LLC have been identified. Tradeweb and MarketAxess, two of the leading institutional fixed-income trading platform providers, are two of the three bidders for BondDesk Group LLC.
RHJ says German regulator to give decision on BHF purchase by end of September
RHJ International had said that Germany's banking regulator would probably give its decision on its planned acquisition of BHF-Bank by September's end.
Latest News
Blackrock Inc victorious in court battle as U.S. district judge dismisses compensation lawsuit. A U. S. judge dismissed a lawsuit filed against BlackRock claiming it looted securities-lending revenues from iShares exchange-traded funds investors.
US government widened probe into JPMorgan's hiring practices to include countries across Asia. An investigation into JPMorgan's hiring practices in China uncovered evidence that links hires to specific deals.
Capital One hires former bankers to spearhead the credit card company's expansion into the energy business.
Blackstone finalized a settlement with its investors over alleged misrepresentations during its IPO.
Goldman Sachs' managing director Jason Lee had been indicted with rape by a grand jury. Jason Lee, managing director at Goldman Sachs Group Inc. was charged with rape.
Today, Peer Advisors LLC had announced its acquisition for Celink, the biggest sub servicer of reverse mortgage loans in the US.
Six US banks led by JP Morgan Chase & Co. and Bank of America Corp. had piled up a total of USD103 billion in legal costs.
Auction house Sotheby's estimated that 'The Premier Blue' the world's biggest round blue diamond, would be sold at more than USD19 million.
Mergers and acquisition in the Middle East would be driven by regional transactions and sovereign wealth funds, aaccording to Barclays Vice Chairman of Investment Banking Makram Azar.
