The US Senate investigation panel had asked energy regulators to hand over documents from an investigation with JP Morgan Chase & Co.
Institutional investors
Francesca outshines Lululemon in luring private equity bids
Women's boutique retailer Francesca's Holdings Corp. has ousted Lululemon as the most attractive company to date to land private equity bids.
Biopharmaceutical firm ObsEva scores CHF 32 million in Series A round
Geneva-based biopharmaceutical company ObsEva announced that it was able to raise CHF 32 million for its Series A round.
US judge dismisses iShares compensation case against Blackrock
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.
Blackstone settles IPO suit
Blackstone finalized a settlement with its investors over alleged misrepresentations during its IPO.
Latest News
China Grand Auto is planning for a USD500 million IPO offering in Hong Kong. TPG backed China Grand Automotive Services Co had plans to list at least USD500 million of its shares in the Hong Kong bourse.
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.
Investec would coordinate lending facilities for two power plants to be built in South Africa. Investec Plc would provide financing for GDF Suez as it develops two South African gas power plants.
NoSQL Couchbase received an additional USD25 million in a Series D funding round led by Adam Street Partners.
Auction house Sotheby's estimated that 'The Premier Blue' the world's biggest round blue diamond, would be sold at more than USD19 million.
Styrolution Group Chief Executive Officer Roberto Gualdoni had said that joint venture company Styrolution Group could hold an IPO in two years.
Crowdfunding sites like Kickstarter would now be used by entrepreneurs to find testers for their products.
AssuredPartners closed its purchase of GBP Risk Solutions, an Arizona-based insurance firm. Florida-based AssuredPartners Inc announced the completion of its acquisition of Golseth & Gregson Insurance Services which does business as GBP Risk Solutions.
Former JP Mogran & Chase trader Javier Martin-Artajo had been released from policy custody after he had kept trading losses that cost the bank USD6.2 billion losses.
