North America

New York, DC Merrill Lynch hires rival Morgan Stanley advisers

Merrill Lynch offices in New York and Washington D.C. hired advisers from rival, Morgan Stanley. Bank of America Corp's Merrill Lynch hired veteran brokers from its rival, Morgan Stanley Wealth Management.


SAC exec's lawyers: trial might be biased due to media coverage

According to Michael Steinberg's lawyers, his trial might be biased due to the wall-to-wall media coverage.

Wells Fargo combines with JPMorgan in US$6.5 billion equity hit on rates

JPMorgan Chase & Co. and Wells Fargo & Co., lost US$6.5 billion in combined equity that threatened levels of capital across the industry.

Hatch says insurance firms can alleviate U.S. pension crisis

Utah Senator Orrin Hatch introduced a bill said to alleviate the underfunding problem of US pension funds.


Latest News

US hospitals shifted from the conventional paper record keeping to standardized electronic health records after receiving funds from the federal government.
Oracle's bond concession attracted the interest of many investors. A new issue concession of Oracle attracted the attention of many investors last Tuesday.
Rally Software filed a registration statement at the SEC for proposed US$70 million public offering
Perry Capital LLC investors filed a suit against the US Treasury and the Federal Housing Finance Agency for the bailout terms it had set for Fannie Mae and Freddie Mac.
Glass Lewis & Co well behind Michael Dell's buyout offer Glass Lewis & Co joined ISS (Institutional Shareholder Services Inc) in a recommendation that Dell Inc shareholders support CEO Michael Dell's decision for a US$24.
TPG Capital LP was named as one of the final bidders for manufacturer MacDon Industries Ltd. Private equity firm TPG Capital LP was tagged as one of the final bidders for MacDon Industries Ltd.
The following bids, mergers, acquisitions and disposals were reported on Friday. The following bids, mergers, acquisitions and disposals were reported on Friday.
Today, Piper Jaffray Companies announced a completed acquisition transaction for Seattle-Northwest Securities Corporation, a leading underwriter for municipal securities.
Shareholders for US Airways approved the merger for American Airlines Shareholders of US Airways announced that they have approved of the merger with American Airlines.
IBK Capital Corp announced that they have acquired shares in Noble Mineral Exploration Inc. IBK Capital Corp. announced that they acquired ownership of over 240,000 common shares of Noble Mineral Exploration Inc.