Top M&A lawyer, Scott Barshay, leaves Cravath to be a global head of mergers and acquisitions for rival law firm Paul, Weiss. Mr. Barshay has been representing big and high-profile clients, including Honeywell, Starwood, and 3G investment firm.
New product offers have been made by NASDAQ OMX such as USD10,000 contracts for its clients in the currency market.
Seth Klarman's Baupost Group, for only the second time, would return money to its clients.
SunGard Data Systems seeks buyers for its data management operations.