Firm Management
Petraeus Joins KKR
Former CIA Director David Petraeus joins KKR to head a new 'institute' within the firm to evaluate investments in emerging markets.
Fiera Eyes Further Growth
Fiera Capital is pursuing to double its assets through acquisitions of US firms. The Canadian money manager Fiera Capital Corp is planning to increase its assets to more than double the current value of Can$150 billion or US$145 billion through the addition of smaller US firms.
Singapore Exchange Opens Yuan Clearing Services
Singapore Exchange is expanding its market by opening a menu of services for yuan denominated transactions.
NY Atty General Finds Service Misconduct in Foreclosures
According to findings by the NY Atty General's office, banks have violated the servicing standards agreement for foreclosures agreed upon last year.