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US Regulators: Deutsche Bank Terribly Undercapitalized
According to US banking regulator Thomas Hoenig, Deutsche Bank's capital levels are horrible and that the bank is the worst on a list of banks worldwide.
Wal-mart votes Cash as new Lead Director
Amidst the investigation against several top officials, Wal-Mart's board votes for James Cash as new Lead Director.
Sara Higgins hired as NxSystems' Compliance Officer
NxSystems Limited announced today that Sara Higgins is the company's new Compliance Officer. (Photo : Reuters)The image is a woman on her computer using online banking.
International Automotive Components files US$115 Million IPO
International Automotive Components announced its IPO filing valued at US$115 Million with BofA Merrill Lynch, JP Morgan and Deutsche Bank Securities as its underwriters.
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Nourish Organic gained $3 million in investments from Renewal Funds and several other strategic investors, including actor Ben Stiller.
Softbank Corp's CEO, Masayoshi Son said that a deal with T-Mobile will be his Plan B if he fails to acquire Sprint Nextel.
AGC Composites and Aeronautics added Robert Khoury into its board of directors. (Photo : REUTERS)A pilot stands by his plane, a Hawker Beechcraft T-6C Texan II, during the second day of the Dubai Airshow AGC Aerospace & Defense, a company that supplies commercial and military tech and services from Oklahoma, announced on Friday that Robert J.
Lampert used US$393 million of shares in AutoNation Inc. to cater to client redemption demands after investors saw struggle at Sears Holdings Corp.
Since February, top executives of Elan and Royalty Pharma have been vying to control over Elan. (Photo : Reuters )Irish drugmaker Elan will be giving back $1 billion to shareholders as a boost from the sale of its stake in multiple sclerosis treatment Tysabri to partner Biogen Idec.
Gary Kenneth Toomey succeeded Nikos Kardassis as CEO for India-based Jet Airways. (Photo : Reuters)The image shows Jet Airways aircraft. Nikos Kardassis was succeeded by Gary Kenneth Toomey as chief executive officer of Jet Airways (India) Ltd.
Charlie Ergen of Dish Network won a round against SoftBank Corp. as Clearwire Corp. endorsed the bid offer from Dish.
Ron Rawdon is hired as Market Street Advisor's new Senior Vice President. (Photo : )This is an image of the people behin the investment industry. New Jersey-based tech and services company Market Street Advisors named Ron Rawdon as its new Senior Vice President and New Business Development Director.
RingCentral said that it has named David Berman as its newest president. (Photo : Reuters)This is a representation of cloud communications technology. David Berman was named RingCentral's new president.
Elan CEO Kelly Martin's future employment with the upcoming shareholder vote. (Photo : Reuters)The image is Elan's CEO Kelly Martin. When former Merrill Lynch banker Kelly Martin took over Elan Pharmaceuticals in 2003, it was well known he did not have any drug industry experience.




