According to findings by the NY Atty General's office, banks have violated the servicing standards agreement for foreclosures agreed upon last year.
People
A Call for Dell Shareholders To Support CEO Buyout Deal
Dell urges its shareholders to support founder/CEO Michael Dell's buyout proposal. Dell Inc. has called on to its shareholders for the approval of a $24.
Japan to Aid African Investment with $32 Billion Fund
Held in Yokohama, the Tokyo International Conference of African Development gave a $32 billion fund to aid the economic development of Africa.
Digital Currency Firms Rush to Comply with Anti-Money Laundering Laws
Digital currency companies are rushed to comply with anti-money laundering acts after Liberty Reserve gotten held up for an alleged money laundering scheme.
SAC Redemption Increases as Magnitude Capital Divests
With the ongoing insider probe, more investors are pulling out their investments from SAC. With tremendously huge $3. 1 billion client money, Magnitude capital started getting back its funds during the first quarter of the year.
Latest News
Egypt set to return the taxes collected from the QNB acquisition of NSGB. (Photo : Reuters)The image is the Arabic logo of the Qatar National Bank. In an announcement, the Egyptian government has said it would be refunding taxes it has collected from the acquisition by Qatar National Bank of National Societe Generale Bank.
Charles Steel joins Ares Private Equity Group as its Managing Director. (Photo : Reuters)The image is the corporate logo of Ares Management LLC. The Ares Management LLC disclosed today the joining of Charles Steel with Ares Private Equity Group as its Managing Director.
SoftBank Corp. aims to name a security director to the board of Sprint Nextel once it becomes successful in its proposed takeover bid.
As confirmed by Sony CEO Kazuo Hirai, the proposal put forth by Daniel Loeb of Third Point LLC would be reviewed on its merits.
Willis Group Insurance hires Michael Guo, a former investment banker. The world's third largest insurance broker, Willis Group Holdings Plc, has engaged the services of Michael Guo as its new head of Asia for capital markets operations.
STG's Consilio appoints new VP of Products and Director of Software. Consilio, disclosed today the appointment of Pete Feinberg as the Vice President of Products and Mark Roesler as the Director of Software Development.
Cohen receives subpoena to testify before grand jury. Steven A. Cohen, the embattled hedge fund manager, has received a subpoena requiring his testimony before a grand jury on the government's insider trading investigation into his private equity firm, SAC Capital Advisors.
Loeb shares insights on its investment ideas on Japan and his style. Daniel Loeb, the billionaire investor is not one to shy away from a good deal but as of the moment, he has his eyes set on Japan.
Billionaire Victor Pinchuk files for breach of contract and breach of trust against fellow Ukranian moguls.
