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China plans brokerage reforms to create its own Goldman Sachs

China is rolling out sweeping brokerage reforms to nurture future global investment banks that officials hope could eventually compete with the likes of Goldman Sachs and Morgan Stanley, a regulatory document showed.


India's Unitech denies Blackstone asset sale report

Unitech, India's No. 3 property developer, on Wednesday denied a newspaper report that it was in talks to sell three of its assets for about 30 billion rupees ($541 million) to U.S. private-equity firm Blackstone.

Housing chief leaves Morgan to launch buy-to-rent fund

Oliver Chang, head of U.S. housing strategy at Morgan Stanley is leaving his firm to start his own buy-to-rent housing fund.

Getty Images owners weigh sale or IPO-source

The owners of Getty Images Inc, the largest supplier of stock photos, video and other digital content, have retained bankers to examine a possible sale or public offering of the business, a person close to the matter said Tuesday.


Latest News

Harris Williams & Co. Advises Silverchair Learning Systems, LLC in its Sale to Vista Equity Partners.
American Spectrum Realty, Inc. is in discussion with several parties to sell or spin-off to one or more joint venture partners its property management and tenant-in-common (TIC) businesses.
Facebook's lackluster initial public offering performance is a black eye for many on Wall Street and could have ramifications for similar upcoming deals such as an offering by Twitter.
Private equity group Bridgepoint has hired Morgan Stanley to sell Aenova, hoping to get more than 400 million euros ($510 million) .
mergers under review by the European Commission and a brief guide to the EU merger process. The following are mergers under review by the European Commission and a brief guide to the EU merger process:APPROVALS AND WITHDRAWALSNoneNEW LISTINGSNoneEXTENSIONS AND OTHER CHANGES-- Finnish group Outokumpu to acquire German group ThyssenKrupp's Inoxum stainless steel unit (notified April 10/deadline extended to Sept.
Morgan Stanley expressed caution of Facebook’s revenue in the filing of an amended prospectus with U.S. Securities and Exchange Commission(SEC).
Private equity firm CVC Capital CVC.UL has sold a $1.6 billion stake in Formula One to three investors.
Bids, mergers, acquisitions and disposals involving European, U.S. and Asian companies. The following bids, mergers, acquisitions and disposals involving European, U.
Accor is to sell its troubled U.S. budget hotel business for $1.9 billion to private equity group Blackstone.
U. S. private equity firm Warburg Pincus WP. UL along with existing investors have pumped $32 million in fresh funds into Indian online classifieds firm Quickr, the e-commerce company said on Tuesday.