SAC Capital Advisors has lost seven Hong Kong staff and relocated five others, but the hedge fund had declined to explain the departures.
Articles by Staff Reporter
Latest News
Private equity CVC Capital Partners, which owns Formula One, is reportedly eyeing online gambling group Betfair, according to reports.
Creditors of the European arm of Lehman Brothers, which collapsed in 2009, may be repaid in full.
The following bids, mergers, acquisitions and disposals were reported by Sunday The following bids, mergers, acquisitions and disposals were reported by Sunday: - German investor Joh A Benckiser (JAB) is to buy the owner of Douwe Egberts coffee in a 7.
Internet retailer Amazon.com Inc has increased stock compensation for key executives in 2012, using Apple as a peer group in helping it determine how much to pay executives.
Google Inc. has reportedly offered a final package of commitments that include some changes in its operations in a bid to settle a European Union antitrust investigation on alleged discrimination against its competitors, according to a source.
Japan's electronics maker Sharp Corp is selling its 9.2 percent stake in Pioneer Corp, according to Japanese newspaper Nikkei
U.S. regulatory anti-money laundering concerns may cause delay in the proposed purchase of Hudson City Bancorp Inc by M&T Bank Corp.
Aiming to build a coffee conglomerate, Joh A. Benckiser, the investment arm of billionaire Reiman family, is set to acquire D.E. Master Blenders 1753 NV for about 7.5 billion euros ($9.8 billion).
Carlyle-backed HD Supply Holdings Inc. has filed for a $1 billion U.S. initial public offering. Carlyle-backed HD Supply Holdings Inc. has filed for a $1 billion U.
Italian mobile phone operator Wind is set to step up its technology with a $1.3 billion investment on building a fourth generation (4G) mobile broadband network.
WorldPay, a British payment processing company, will now have funds to pay a dividend and repay an expensive mezzanine loan with a new 700 million pound-equivalent ($1.8 billion) loan it had successfully raised.
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.
Distressed debt investors are looking into German property company IVG Immobilien as some lenders try to minimize potential heavy losses due to the property company's debt restructuring.
Singapore's Heliconia Pte Ltd is set to buy 2.6 percent stake in private sector Kotak Mahindra Bank for Rs 1,296 crore.
Private equity firm Carlyle Group is set to sign investment deals in Africa to tap the increasing customer spending in the continent.
European private equity firm AXA Private Equity has sold its majority stake in Aixam Mega to Polaris Industries, a US in group specializing in powersports.
Japan's railway and real estate group Seibu Holdings has opposed the renewed attempt of Cerberus Capital Management LP to increase its stake in the company to 44.7 percent.
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.
Protective Life Corp (PLN) is set to acquire Mony Life Insurance Company from parent AXA SA for $1.06 billion to access its life insurance policies portfolio.
Private equity firm Serent Capital has invested in Optimal Blue, a leading mortgage technology provider.
Three big venture firms may team up to provide funding for startups working with Google Glass, the hybrid eyeglasses and smartphone developed by Google.
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.
India’s online retailer Snapdeal has raised funding estimated to be between $30 million and $50 million from eBay and Recuit Co of Japan.
More than 1.5 billion euros in deposit inflows have trickled back to Greece in March bringing the total to more than 19 billion euros that have been returned to Greece since June last year.
Private equity firm, Advent International, has opened an office in China, just like other big private equity firms The Carlyle Group CVC and Bain Capital.