P.Schoenfeld Asset Management LP has called for the resignation of MetroPCS CEO for irregularities and conflict of interest.
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SAC Capital Manager Indicted Over Insider Trading
Portfolio manager Michael Steinberg at Steven A. Cohen's hedge fund SAC Capital Advisors was arrested on as part of a long-running investigation on insider trading.
Warren Buffet to Become Major Goldman Sachs Shareholder
Warren Buffet, an American businessman, will become one of the ten largest shareholders in Goldman following a deal he signed with the bank to exchange his profits on warrants for stock.
Icahn and Blackstone Open Discussion on Team Up
Icahn and Blackstone open discussion to team up on Dell buyout. Two of the most renowned equity investors in the United States may very well put a damper on the US$24.
Arabtec Appoints Former Deutsche Bank executive as M&A Head
Construction firm Arabtec has hired Shohidul Ahad-Choudhury, former executive of Deutsche Bank as the new mergers and acquisitions head.
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Dmitry Avdeyev, Rosneft's chief financier, steps down from the position after the Russian oil producer said that it had completed its acquisition of TNK-BP.
Blackstone eyes Hurd for CEO if and when it takes over Dell. The Blackstone Group LP is making an aggressive offer to hire Mark Hurd from Oracle to be the new CEO of Dell.
Cleary joins Tullis Health to help in its expansion plans. Michael Cleary was recently appointed by Tullis Health Investors as its new Director of Investor Relations and Marketing.
ThyssenKrupp founder's nephew blames Beitz for decline of steelmaker. According to the nephew of ThyssenKrupp's former owner, Alfried Krupp von Bohlen und Halbach, the only person to blame for the decline of the company is Honorary Chairman Berthold Beitz.
Carlyle Group founders announce earnings for 2012. Each founder of Carlyle Group LP received $57. 6 million each in earnings from their shares in the private equity firm and executive salaries in 2012.
Three more executives expand Carlyle Group Management Committee. The Carlyle Group, one of the world's top Global Alternative Asset Managers, has announced the addition of three Carlyle executives to the company's Management Committee.
Hulu appoints Andy Forsell as Interim CEO pending decision by Disney and News Corp on future of the website.
Buxton moves to Old Mutual from Schroders. The eminent head of UK equities at Schroders, Richard Buxton is one of the most renowned fund managers in Britain.
Fisker Automotive founder resigns from company bearing his name. Henrik Fisker, the founder and executive chairman of Fisker Automotive, has quit his company.
