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.
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Egypt Set To Return Tax Collected
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.
Ares Private Equity Group Welcomes Charles Steel
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 to Name New Director to Sprint Board
SoftBank Corp. aims to name a security director to the board of Sprint Nextel once it becomes successful in its proposed takeover bid.
Third Point's Proposal to be Reviewed by Sony Board
As confirmed by Sony CEO Kazuo Hirai, the proposal put forth by Daniel Loeb of Third Point LLC would be reviewed on its merits.
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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.
BlackRock's success is attributable to its analysts and its attack in getting the shares for its shareholders.
These are the thoughts of Hiren Ved of Alchemy Capital Management from an interview with Nikunj Dalmia.
Huawei and ZTE to be investigated by EU Trade Commission for anti-dumping and anti-subsidy violations.
Hans Sicat gets third term and promises new investment vehicles for the Philippine bourse in the coming year.
Being Einhorned is a new term in financial circles. Very few hedge fund managers receive as much hype and attention as David Einhorn would get with just a simple interview.
Vikram Pandit, the former CEO of Citigroup would be part of the JM Financial management team to grow the business.
NBGI Private Equity signs Tim Kelly as its second board member for its Senior Industry Advisory Board.
