US defense contractor Lockheed Martin said it was looking to make more acquisitions after its purchase of IT firm Amor Group.
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Swiss Re hires former Deutsche Bank private equity head
Swiss Re hires Christopher Minter to head the reinsurer's acquisitions and principal investments business.
CORRECTION: Southeastern Asset stake in News Corp "fishy" - analysts
Analysts had said that Southeastern Asset Management's purchase of a 12% voting stake in News Corp was dubious.
Report foresees banks exiting wealth management units in Asia
France-based Societe Generale was the third major bank seeking to sell its private wealth arm in Asia in the last five years.
New CEO of Pandora will start turnaround of company through royalty renegotiation
Pandora chief executive Brian McAndrews's first and the most difficult task would be to renegotiate royalty fee payments to the music industry in order to lift the struggling company's finances.
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Various reports cited sources who said that Former Deutsche Bank AG Chief Executive Officer Josef Ackermann would be stepping down from his post in Siemens AG as deputy chairman of the supervisory board.
As risk is shunned by regular banks, Melody Capital Partners takes on risk to expand its business. After the announcement by UBS AG of its closure of its fixed-income trading business last OCtober, three executives of the bank had opened up shop to trade in areas where bigger banks have since refused to tread.
In an interview with CNBC, Carl Icahn confirmed his firm's large purchase of Apple stock as it fell due to consumer disinterest in new iPhone models.
According to sources familiar with the matter, French bank Societe Generale was considering on selling its Asian wealth arm based in Singapore.
The acquisition of IT firm Amor Group was recently announced by Lockheed Martin Group for an undisclosed amount.
UK banks would need another GBP50 billion on top of GBP13.7 billion to comply with both Basel III and Basel IV.
KPN's negotiations with America Movil regarding the EUR7.2 billion or USD9.58 million bid remained to be over.
Sources told Reuters that electronics maker Sharp Corp. would be raising USD1.7 billion to keep itself afloat until the end of the business year in March next year.
EU submits a list of proposals aimed to improve the EU telecommunications industry. In its newest attempt to overhaul the European Union's telecommunications industry, a proposal to place a price cap on cross border phone calls in Europe was made.
