US SEC was put under pressure for improper contractor vetting. The US Securities and Exchange Commission (SEC) was placed in a "hot seat" for failing to do a proper background check on 40 to 70 contractors.
Growth Equity
GE shares at highest level since 2008
The shares of General Electric have reached its highest level since the financial crisis of 2008. General Electric (GE) shares were at their highest level since 2008.
Communication is key in exit strategy, ECB’s Visco
Visco of ECB stressed the importance of communication in an exit strategy. Ignazio Visco, a member of the European Central Bank Governing Council, stated that central banks needed to work on improving communication when it comes to exiting from an unprecedented monetary policy.
Japanese stock is Asian top gainer
Japan was a winner when it came to how its stocks performed on the market. Japanese stocks were performing well. In fact, it topped in terms of gains this year in comparison to 24 major developed equity markets.
Fed reconsiders financial firms' physical commodity trading
Financial firms' physical commodity trading may come to an halt as the Fed reconsiders its policy on this.
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Prime Minister Shinzo Abe created the “Abenomics” policy for Japan's stagnant economy. On Sunday, Japanese Prime Minister Shinzo Abe will find out whether his mandate to end the country's economic stagnation will push through.
US financing institution OPIC is set to fund the expansion project of Pakistan hospital. The Overseas Private Investment Corporation (OPIC), US financing institution, agreed to fund the expansion of Aga Khan University Hospital in Karachi, Pakistan.
Private equity veteran T.J. Jubeir has been named as one of the board of directors of Capital Chapter of the Entrepreneurs Organization (EO-DC).
Maker’s Row announced that they were able to raise US$1 million from seed round. Maker's Row, announced that the company closed a seed round of US$1 million.
Goldman Sachs Group, Inc and Bank of America leads the corporate bond sales this week, which raked in approximately US $30 million.
ZoomerMedia Limited annnounced the amalgamation of its wholly owned subsidiaries. ZoomerMedia Limited announced the completed amalgamation or merger of its subsidiaries, Zoomer Management Limited, the Christian Channel Inc.
Aldrin Resource Corp announced the conclusion of its private placement financing, as well as the acquisition of the Triple M Property.
TOA Technologies gets US $66 million funding from Technology Crossover in a deal dubbed as the fourth biggest funding in software this year.
UCP stocks opened at less than IPO price in its trading debut. UCP Inc. 's stocks opened at US$14. 75 in its trading debut. This share price was down from the company's IPO share price of US$15.
