Highbridge's CEO Dubin decided to step down from his position. Highbridge Capital Management executive Glenn Dubin is stepping down as CEO but will remain chairman of the firm worth around US$30 billion, according to Dubin himself.
People
IBM emerges as test case to Japan Prime Minister’s labor reforms
Prime Minister Shinzo Abe faced a tough test on whether or not permit foreign firms operating in Japan to easily fire out workers after IBM was sued for illegal termination of employees.
Evita bank notes are legal tender, says Argentine central bank
According to the Argentine central bank, the Evita bank notes are legal tender. The Argentine central bank said in a statement this week that "The 100-peso bills with the image of Maria Eva Duarte de Peron are legal tender and must be accepted by all retailers and financial institutions.
Hatch says insurance firms can alleviate U.S. pension crisis
Utah Senator Orrin Hatch introduced a bill said to alleviate the underfunding problem of US pension funds.
HighBridge announces new CEO as co-founder steps down
Highbridge Capital Management has new CEO after its co-founder handed over the management reins to Scott Kapnick.
Latest News
Billionaire investor Carl Icahn said in an interview with Bloomberg TV his planned sweetening of his takeover bid for Dell Inc with an additional warrant offer.
Three shareholders at Dell Inc said that they would vote against Michael Dell and Silver Lake’s proposed buyout offer valued at US$24.4 billion.
The investment company employs Peter Kotz, who has over 18 years of solid work experience. Gladstone Investment Corporation employed a new Managing Director for its Chicago office.
EnVivo announced today that Dr. Deborah Dunsire is its new president and CEO. Deborah Dunsire, M. D. , was named by EnVivo Pharmaceuticals as its new president and chief executive officer.
JMI Equity announced today the promotion of six executives. JMI Equity, a growth equity company targeting software, internet, and technology businesses, announced six promotions in its company this Thursday.
Mass. Secretary Galvin launched an investigation on complex investment options to seniors. An investigation on higher risk investments was initiated by Massachusetts Secretary William Galvin today.
Michael Hession was appointed as new CEO of InterOil, effective July 1, 2013. InterOil Corporation announced today that Dr. Michael Hession will be its new Chief Executive Officer.
C. Larry Pope said that there would not be any change in management following the US$4.7 billion takeover deal of Smithfield Foods Inc by Shuanghui International.
Lawrence Ho invested in two Russian gambling resorts valued at US$630 million as a means of overseas business expansion.
