According to President and COO Gary Cohn, Brazil is the new frontier for growth for Goldman Sachs. In a bid to increase its base of corporate clients in Brazil and neighboring countries, Goldman Sachs President and COO Gary Cohn said that it would respond to increased demand for corporate loans, advisory services and structure financing in the country.
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Samsung to Use Absolute's Tracking Software in Galaxy Mobile Phones.
Absolute Software agrees to a deal in which its software for tracking stolen devices will be embedded by Samsung's Galaxy phones.
Allianz Criticizes Bank Mishandling of Block Sales
Allianze, through its CIO criticized the handling of block sales of firms resulting in retained shareholdings by the bank.
Italy's Promise To Pay Delayed
The government's promise to pay its outstanding bills was shelved after the caretaker government failed to sign into law the said measure.
BTG Investments to Offer Senior Five Year Bonds
Debt bonds with BBB Minus rating would be offered by BTG Pactual Group subsidiary BTG Investments. A subsidiary of BTG Pactual Group, BTG Investments is planning to sell off five year senior unsecured bonds by next week.
Latest News
Valeant increases its offer to acquire Obagi after Merz Pharma tops its previous offer last month. Cosmetics products maker Obagi Medical Products Inc.
According to a shareholder group, RBS and its directors should stand trial for lost share value in the bank because of the acceptance of the bailout plan.
Paypal now not only looks after the online shopper, but also the online merchant. Paypal, eBay's online payment business already lends financing to its online shoppers.
Matthew Taylor admits to wire fraud in Goldman Sachs case filed against him. Former Goldman Sachs Group Inc trader Matthew M. Taylor entered a plea of guilty last Wednesday on charges of defrauding the Wall Street bank with unauthorized future trades back in 2007.
Samsung has entered into an agreement with Absolute Software to allow embedding of the technology into the Galaxy firmware.
Obagi's enterprise value increased as Valeant offered a higher share value price of US$24 per share.
Unicredit has announced the implementation of a buy-back scheme for outstanding bonds. Italy's largest bank in terms of assets had announced it would be buying back senior bonds.
Belgian firm Alfacam is now in rough waters financially after its credit line was cut off for breach of covenants.
Dish Network would offer senior notes amounting to US$2.3 billion, double its previous announcement.
