Knight Capital and Getco Holding Capital to reap benefits

The merger of two of the largest automated trading firms would create savings as well as increase revenues for the new merged entity.


Amid South Korea's Fourth Sale Effort, Woori Chairman to Resign

Woori Chairman resigns amidst declining share values. Lee Pal Seung, Chairman of Woori Finance Holdings Company, plans to resign prior to the South Korean government's fourth plan to sell its shares in the country's largest financial service group.

Cordiant Capital to offer emerging market loans

Cordiant Capital would be offering loans to emerging markets through its Cordiant Emerging Loan Fund IV.

SAC Capital Hong Kong Office Staff Reshuffled

Amidst its insider trading investigation, SAC Hong Kong has lost five staff members and moved three others to other SAC offices.


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.
Malaysia's vibrant bourse is now the home of SPAC's in Asia. Malaysia is seeing a new kind of IPO in their bull market, called special purpose acquisition company.
Lehman bankruptcy administrators PWC announced payment of dividends to European creditors. US investment bank Lehman Brother's investors in its European unit would be repaid in full according to the firm's administrators.
The Italian publisher RCS MediaGroup has agreed to a recovery plan. The RCS MediaGroup Board of Directors have approved the terms of a capitalization round and a debt refinancing plan required for its rehabilitation.
Thermo Fisher's bid of US$75 per share for Life Technologies is under negotiations for finalization over the weekend.
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.
Peter Dolan, the director of private equity and venture capital for the Harvard Management Company, manager of the world's biggest endowment, stepped down on April 10.
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.