Jim Woolery steps down at JPMorgan to start as chairman for law firm Cadwalader, Wickersham & Taft. (Corrects title of new deputy chairman and Chris Ventresca remaining at JP Morgan in second paragraph) Jim Woolery, co-head of North American mergers and acquisitions business at JP Morgan, is leaving the company to work for law firm Cadwalader, Wickersham & Taft, the investment bank's spokeswoman said.
North America
mFoundry and Mastercard Concludes Deal to Provide Enhanced Customer Shopping Experience
mFounder has agreed to use MasterCard's MasterPass for its bank customers. mFoundry and Mastercard have reached agreement to avail MasterPass-connected wallets to nearly 900 bank customers of mFoundry.
Goldman Sachs Lay Off Staff
Goldman Sachs to lay off employees again. Goldman Sachs is undertaking cost cutting measures in light of issues with its bottom line. Job cuts are in the offing, with some getting the axe as early as this week as the business continues to face rough waters.
The Carlyle Group Names Jacques Chappuisto Lead Solutions Business
Global alternative asset manager The Carlyle Group, today announced that Jacques Chappuis will join the firm as Managing Director and Head of the Solutions business segment
Greenbriar to Acquire Solar Energy Production Sites
Greenbriar has been negotiation to buy solar product properties as it focuses on expanding real estate business.
Latest News
The chairman of Barnes & Noble, Leonard Riggio, it set to offer bid for the bookstore business of the firm.
The top market marker in the U.S. is expected to sell its credit-brokerage business unit to Stifel Financial Corp.
Wolfberg and Landry to join forces in new hedge fund firm. Adam Wolfberg, a veteran of SAC Capital Advisors, Diamondback Capital Management and the Galleon Group is teaming up with Steven Landry of East Bay Asset Management would launch a new hedge fund.
Former Soros CIO Anderson now raising funds for own financial firm. Learning from the best now he is striking it out on his own. Keith Anderson, former Chief Investment Officer at Soros Fund Management is now raising funds for his own hedge fund named Anderson Global Macro according to recent report from Reuters.
HP has said that it has smooth innovations even though it saw decline it is profits. PC computer giant Hewlett-Packard Co. said that it is set to make innovation steps without disruption despite plummeting profit in the past quarter.
HP's growth recognized by investment brokers. Following the raising of HP's prices by JP Morgan Securities and UBS, other brokers are following suit in recomputing the value of the tech company's stock.
Datalink to expand through acquisitions. Datalink Corporation is now formulating plans to use acquisitions in order to double its sales revenue to a projected US$1 billion in the next three years.
Hamilton Lane purchases Shott Capital. In an announcement, Hamilton Lane said it has acquired Shott Capital Management. Shott is a private equity firm that provides in kind stock distribution management services to institutional investors.
Keith Anderson, former chief investment officer at Soros Fund Management is looking forward to raise up to $1 billion for his Anderson Global Marco fund.
