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Banco Itau BBA lets Five Directors Go in Restructuring Plan

Banco Itau is said to be relieving the duties of Marcelo Marangon and four others from executive positions in the bank.


Paulson Votes for Dish deal for Sprint-Nextel

John Paulson says that Dish offer is more than just investment, it is also spectrum and synergy. According to hedge fund giant John Paulson, the US$25.

Amid South Korea's Fourth Sale Effort, Woori Chairman to Resign

Woori Chairman resigns amidst declining share values. Lee Pal Seung, Chairman of Woori Finance Holdings Company, plans to resign prior to the South Korean government's fourth plan to sell its shares in the country's largest financial service group.

Harvard's private equity chief resigns

Peter Dolan, the director of private equity and venture capital for the Harvard Management Company, manager of the world's biggest endowment, stepped down on April 10.


Latest News

Andrea Ragnetti may have to leave Ducati as CEO when asked to become Alitalia's new CEO. The chief executive officer of renowned Italian motorcycle builder Ducati, Gabriele Del Torchio is the top choice to take over the helm of ailing airline Alitalia.
Public pension fund Birmingham Retirement & Relief System has sued SAC Capital Advisors LP over allegations of insider trading.
Harvard Management Company's director for private equity and venture capital, Peter Dolan, has resigned from his post on April 10.
Private equity firm Carlyle Group is set to sign investment deals in Africa to tap the increasing customer spending in the continent.
Beleaguered company J. C. Penney Co Inc has engaged the services of Blackstone Group LP's financial advisory arm for their expertise on how to best position the firm financially, according to sources.
Eurozones finance ministers will meet in Dublin on Friday to discuss a bailout for Cyprus, the cost of which has rise to 23 billion euros from 17.5 billion euros.
Investors continue to rush into U.S. stocks, pouring in more than $60 billion into mutual funds and ETFs.
Nasdaq OMX Group Inc's chief executive Robert Greifeld's 2012 annual bonus has been slashed over the mishandling of Facebook's Inc. initial public offering last year.
Kenneth Coleman joins Andreessen Horrowitz roster of advisers. Andreessen Horowitz, the venture capital firm has engaged the veteran expertise of Kenneth Coleman as one of its adviser on roster.
Yahoo!, the U.S. biggest Web portal, has engaged the services of private equity veteran Jacqueline Reses as it struggles to reinvent itself and stay relevant.
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