Reuters reported that the use of FIRREA in the Department of Justice's case against Bank of America could change the relationship between Wall Street and the government regulator.
Investment banks
Deals of the day - M&As
The following bids, mergers, acquisitions and disposals were reported on Friday The following bids, mergers, acquisitions and disposals were reported on Friday:- Hotel operator Hilton Worldwide Inc, owned by private equity firm Blackstone Group LP, is aiming to launch its initial public offering in the week of Dec.
Report lists three ways to acquire Twitter shares pre-IPO
An average investor would not stand a chance, unlike big-money investors, to acquire a significant stake in Twitter on its IPO.
Fairfax having difficulty in funding for Blackberry offer - sources
Fairfax Financial Holdings Ltd had until November 4 to negotiate a definitive agreement to buy out Blackberry Ltd.
Rabobank pays hefty price after scandal
After thirty of its employees got involved in the manipulation of interest rates, Rabobank had paid a combined EUR774 million in fines.
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Twitter initial public offerings increased to USD26 per share by The Wall Street brokerage. On Friday, Morningstar united with three brokerages after setting price aim for Twitter Inc.
ING Group announced its exit from its EUR24 billion or USD33 billion mortgage securities portfolio. Dutch financial services firm ING Group announced on Friday that would it be exiting from a series of US mortgage-backed securities.
Staff-less branches is the future, according to Mashreq Bank CEO. In a move its CEO says would be a way of the future, Mashreq Bank had planned to open its first fully electronic branch without any staff by January.
Bankers might be disappointed with Wall Street as firms would be setting aside more money for investors.
Three Federal Home Loan Banks withdrew their objections at the settlement of a New York lawsuit offered by the Bank of America for its Countrywide unit.
Two former Kynikos analysts establish Arhammar Short Alpha Funds to bet on falling stocks. London-based Arhammar Short Alpha Fund Ltd would be betting on falling stocks around the world.
Essent Group raised USD 335 million for its initial public offering in the US. Mortgage insurance firm Essent Group Ltd was able to gather USD 335 million in its initial public offering.
Stanford Marine Groups prepares for its debut in the London stock market, hires heavyweight investment bankers.
RHJI renewed a deal with co-investors to successfully acquire Deutsche Bank’s BHF-Bank. In an attempt to acquire Deutsche Bank, BHF-Bank, Kleinwort Benson, RHJ International's owner, rallied co-investors.
