Industry

World's Top Money Manager to Hire more Lawyers

BlackRock, the top money manager of the world, to hire 300 lawyers to monitor financial regulation all over the world.


UBS Facing Calls for Structural Operations Split

UBS is facing calls from shareholders seeking to split the banking operations from wealth management operations.

Glass Lewis Advises No to Morgan Stanley Executive Pay Plan

Glass Lewis has advised Morgan Stanley shareholders that it should veto the executive pay plan proposed, as the compensation is not correlative to performance.

Berkshire Hathaway's Stockholder Meeting To Be Spiced Up

Warren Buffett's Berkshire Hathaway would hold its shareholder meeting with a new twist on the festivities.


Latest News

Brown Vitter seeks to remove the issues created in the banking world that Dodd Frank started. How the tides have turned. A year ago, the big US banks lobby was focused on the amendment and/or total repeal of the Dodd-Frank financial reform law.
Asian insurance industry investors see no sign of slowdown for fast growing market. A frenzy is underway in the Asian insurance industry and it has made many pay large sums so as not to miss opportunities to participate in the region's fastest growing market.
IPO is the next best option as five banks find it difficult to find buyers for their businesses. Five British banks would be looking to float their stocks in the market.
While many indicators say that there would be a worldwide economic slowdown, central banks aim to reverse or even control that.
The race to get top investors between foreign and local managers heats up in a system with little foreign currency exposure and lack of information on deals.
Barron's the financial paper, has said that Dell shareholders still stand to earn from the Dell-Silver Lake leveraged buyout deal.
Bafin, the German financial markets watchdog, clears German Bank directors of any wrongdoing. Bafin, the German financial market regulator, have not come up with any proof that the directors of the German Bank are behind the manipulation of the standard interest rates, according to a top official of Bafin that the Wall Street Journal Deutschland had spoken with over the weekend.
According to an anonymous source relayed to an Italian newspaper reported by Reuters, Telecom Italia would retain its stock on the fixed line network to prevent any takeover by Hutchison Whampoa.
Judge Ugo Bellini finds no evidence of fraud nor urgency to deem the issuance of a seizure order. An Italian magistrate has thrown out a request to issue an order to seize nearly Eur1.
The European Commission receives subsidy complaint against China for illegal subsidies on solar glass sold in the EU market.
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