North America

Ally's James Mackey to become Freddie Mac's finance chief

Freddie Mac announced its new chief financial officer, James Mackey, a top executive in Ally Financial Inc. last Monday.


Wells Fargo to pay mortgage settlement claims to Freddie Mac

Wells Fargo & Co. said last Monday that it would pay USD780 million in cash to Freddie Mac to settle all repurchased home loans liabilities.

Wall Street declines as US government shutdown looms

Two hours prior to a midnight deadline to avert a US federal shutdown, US stocks closer lower on Monday.

Ex-Morgan Stanley financial adviser pleads guilty in insider trading case

Kevin Dowd pleaded guilty against an insider trading case filed against him in a US District Court in New Jersey.


Latest News

Twitch's Series C investment round garnered USD20 million. The world's foremost video platform and community for online gamers, Twitch, recently announced a Series C USD20 million investment.
A USD15 million investment was recently announced by Clairvest to be received by Cieslok Media. The Clairvest Group had announced that it represented the group in its USD15 million investment in Cieslok Media, which was formerly known as Titan Outdoor Canada Company.
Trilantic Capital Partners would be purchasing Addison Group from Lake Capital Partners. Trilantic Capital Partners would be acquiring Addison Group from Lake Capital Partners for an undisclosed amount.
Investment company PointB sold its shares of Loft9. Seattle-based management consulting and private equity company Point B said it had exited from Loft9.
Clinton Group had increased its stake in Nutrisystem Inc. by 5.2%, according to a filing on Monday. Activist hedge fund Clinton Group had increased its stake in Nutrisystem Inc.
Private equity firms invested an undisclosed amount on the initial tranche of PaletteApp's Series A round.
Today, ACTIVE Network announced entering a definitive acquisition agreement with Vista Equity Partners in a deal priced USD1.05 billion.
Last minute buyers paid premium for vintage Chevrolet cars at an auction in Nebraska. Last minute buyers, like Doug Koehler, bought vintage cars at an auction in Norfolk, Nebraska.
By providing capital during the 2008 crisis, Berkshire Hathaway now reaps the profits in terms of Goldman Sachs stock.
As the US Capitol registered no activity on the possibility of a government shutdown, a report outlined some possible financial effects if it finally occurred.
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