Morgan Stanley files petition to prohibit former brokers to reach out to current staff in their old office.

Former CIA Director David Petraeus joins KKR to head a new 'institute' within the firm to evaluate investments in emerging markets.

According to findings by the NY Atty General's office, banks have violated the servicing standards agreement for foreclosures agreed upon last year.

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.