Finance/Venture

SAC exec's lawyers: trial might be biased due to media coverage

According to Michael Steinberg's lawyers, his trial might be biased due to the wall-to-wall media coverage.


Wells Fargo combines with JPMorgan in US$6.5 billion equity hit on rates

JPMorgan Chase & Co. and Wells Fargo & Co., lost US$6.5 billion in combined equity that threatened levels of capital across the industry.

Sources say signing of Colombian pension fund decree may be delayed

According to sources, signing and enactment of Colombian pension fund decree may be delayed. Colombia's Finance Minister, Mauricio Cerdenas, may announce that the signing of the pension fund decree could be delayed, according to high-level government and industry sources.

Evita bank notes are legal tender, says Argentine central bank

According to the Argentine central bank, the Evita bank notes are legal tender. The Argentine central bank said in a statement this week that "The 100-peso bills with the image of Maria Eva Duarte de Peron are legal tender and must be accepted by all retailers and financial institutions.


Latest News

Latin American currencies low as investors waited for results of Fed's meeting. Latin American currencies changed little last Tuesday as investors waited for the results of the US Federal Reserve's latest meeting.
The IMF announced that the euro zone must take a coordinated action to revive economic growth The International Monetary Fund (IMF) said in a strongly worded statement that the euro zone must take a coordinated action to revive economic growth.
Asian share rose amidst investor's worries Asian shares rose after tracking a rally on Wall Street which was spurred by gains that were capped by investors' nervousness over the Beijing drive to reform credit and the implications of tighter U.
Oracle's bond concession attracted the interest of many investors. A new issue concession of Oracle attracted the attention of many investors last Tuesday.
Japanese government bonds decreased after the announced reduction in the US Federal Reserve bond buying stimulus that will occur soon.
Western Pacific announced that they were able to raise US$1,000,500 through private placement Western Pacific Resources Corp. announced that it has closed the final tranche of its previously announced non-brokered private placement.
The following bids, mergers, acquisitions and disposals were reported on Friday. The following bids, mergers, acquisitions and disposals were reported on Friday.
Today, Piper Jaffray Companies announced a completed acquisition transaction for Seattle-Northwest Securities Corporation, a leading underwriter for municipal securities.
IBK Capital Corp announced that they have acquired shares in Noble Mineral Exploration Inc. IBK Capital Corp. announced that they acquired ownership of over 240,000 common shares of Noble Mineral Exploration Inc.
Highbridge Capital Management has new CEO after its co-founder handed over the management reins to Scott Kapnick.
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