Cloud storage firm Box seeks USD100 million in new funding
Cloud storage provider Box, a rival of Dropbox, is raising USD100 million in new funding through a share sale that would value the company at around USD2 billion.
Investment banks
JPMorgan Chase to Pay a Civil Penalty of $100 Million Over Trade Reporting Gaps
JPMorgan Chase is expected to reach a resolution with a third US regulator that will require the bank to pay a civil penalty of $100 million.
Goldman Sachs, Barclays Reportedly Compete to Acquire General Motors' Credit Card Business
Goldman Sachs and Barclays are reportedly vying to acquire General Motors' credit card business...
Goldman Sachs Appoints Head of Strategy and Investor Relations Carey Halio as Global Treasurer
Goldman Sachs has appointed Carey Halio, the head of strategy and investor relations, as its new global treasurer...
China to Remain the World's Top Engine for Global Economic Growth, ADB Says
Even if China's economy slows down, the Asian Development Bank (ADB) said it will still be the largest growth engine for the world economy...
JPMorgan Chase Names CEO Jamie Dimon's Potential Successors
The board of JPMorgan Chase has named the potential successors to CEO ...
Swiss Banking Giant UBS Launches New Share Buyback Program of up to $2 Billion
Swiss banking giant UBS revealed a new share buyback program of up to ...
Latest News
Wilbur Ross-backed Navigator Holdings raises USD228 million in IPO
Liquified petroleum gas transporter and distributor Navigator Holdings Ltd. raised USD228 million in its public float. Owner of the world's largest gas fleet, Navigator sold a total of 12 million shar
ZULILY ANNOUNCES CLOSING OF INITIAL PUBLIC OFFERING AND FULL EXERCISE OF UNDERWRITERS' OPTION TO PURCHASE ADDITIONAL SHARES
ZULILY ANNOUNCES CLOSING OF INITIAL PUBLIC OFFERING AND FULL EXERCISE OF UNDERWRITERS' OPTION TO PURCHASE ADDITIONAL SHARES
Chrysler appoints four underwriters, targets December IPO
Chrysler Group LLC appointed Barclays Plc, Goldman Sachs Group, Morgan Stanley and UBS AG to help underwrite its proposed initial public offering slated in December. Chrysler filed for an IPO in Septe
Goldman Sachs burned by bad currency bets in 3rd quarter
Goldman Sachs Group Inc lost more than $1 billion on currency trades during the third quarter, recent regulatory filings show, offering some insight into why the firm, reported its worst quarter in a
CHINESE RAW MILK PRODUCER YUANSHENGTAI TO RAISE ABOUT $425 MLN IN HONG KONG IPO
YuanShengTai Dairy Farm, China's fourth biggest raw milk producer, has priced its Hong Kong initial public offering (IPO) at HK$2.70 per share, below the mid-point of expectations, IFR reported.
Silver Lake hires banks for Mercury Payment IPO-sources
Private equity firm Silver Lake has hired JPMorgan Chase & Co, Barclays Plc and Morgan Stanley to lead a potential initial public offering of Mercury Payment Systems LLC, according to people familiar
No more large acquisitions for Canaccord Genuity Group Inc
Canaccord Genuity Group Inc said it will not be making more large purchases. Instead, the Canada-based non-bank brokerage will grow its UK wealth management unit through small deals.
JPMorgan finalizes USD13 billion settlement with US government
JPMorgan Chase & Co finalized a USD13-billion settlement with the US Justice Department to end a long legal fight over the bank's risky mortgage practices that helped pull down the country's economy.
Russian oil producer Bashneft chooses banks for its London listing
Three financial sources said Russia-based oil firm Bashneft selected Morgan Stanley, Sberbank, and Barclays as global coordinators for the company's planned secondary listing in London.
