China's regulatory watchdog has unveiled new IPO rules. Last Friday, the Chinese government had published new draft rules designed to improve the transparency and pricing structure of initial public offers in its domestic stock markets.
Finance/Venture
Berkshire Hathaway Expresses Interest in Unipol Assets
Berkshire Hathaway expressed interest in purchasing assets owned by Unipol. (Photo : Reuters)Berkshire Hathaway's fourth-quarter profit plunged sharply in part on an underwriting loss in its reinsurance business related to life insurance.
Whittier and Fund Manager Agree To Pay Settlement for Civil Regulatory Case
Whittier Trust Co. and fund manager Victor Dosti agreed to pay around US$1.68 million to settle the civil regulatory case filed against them.
ICE Chief to Surrender NYSE Market Shares to End Rebates
New York Stock Exchange may surrender some of its shares in the US stocks to put an end to large trading incentives.
Apax and KKR Executives Leaves Financial Firms
KKR & Co. confirmed departure of one of its executives, Nicolas Cattelain while Apax Partners LLP refused to comment on said departure of its executive, Massimiliano Belingheri.
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Credit Suisse is shunning low yield, high number moderately rich segment for high yield, low number ultra rich market segment.
Partnership Assurance Group debuts in London Stock Market at GBX385 per share on Friday. (Photo : Reuters)The image is the corporate logo of Cinven, the majority shareholder of Partnership Assurance Group.
George Soros return to the Japanese market after seeing attractive signs of stability. Most investors are selling their stocks in Japan as they are worried that the country might find it difficult to recovery its economy according to sources.
Sumitomo Mitsui Banking Corp sells its shareholdings in Barclays to Nomura Securities. Sumitomo Mitsui Banking Corp of Japan had announced the sale of its shareholdings in British bank Barclays.
S-Pankki Oy acquires Tapiola Bank Oy, expanding its mortgage and insurance products for its customers.
National Australia Bank is looking at a possible partnership with Wells Fargo & Co. to bring Australians to the US term loan B instruments.
Vietnam is looking for expansion in its stock market from foreign investors after restrictions on foreign ownership limit is considered by its government.
American International Group Inc. (AIG) gets missed payments from a buyer group in China. (Photo : REUTERS)American International Group Inc, the insurer rescued by the U.
Speculations had it that SAC Capital Advisors LP will reduce the numbers of its staff but the firm's president denied said speculations through an e-mail sent out to workers.
