Australia M&A Up 84%
The Securities and Exchange Commission has charged a former Managing Director of The NASDAQ Stock Market with insider trading on confidential information that he stole while working in a market intelligence unit that communicates with companies in advance of market-moving public announcements.
The Financial Industry Regulatory Authority (FINRA) announced today that it has fined Credit Suisse Securities (USA) LLC $4.5 million, and Merrill Lynch $3 million for misrepresenting delinquency data and inadequate supervision in connection with the issuance of residential subprime mortgage securitizations (RMBS).
Dominique Strauss-Kahn, the former head of the International Monetary Fund, moved into a new Manhattan building, where he will be confined under guard while awaiting trial on charges of attempted rape and sexual assault. Bloomberg's Sara Eisen reports.
Jefferies has announced that it has picked up 11 awards in the recently announced Financial Times / StarMine 2011 Equity Research Analyst Awards. These industry analyst awards follow Jefferies’ #1 broker ranking for U.S. stock picking announced by Financial Times / StarMine in March of this year.
You could almost feel the excitement building in the ranks over at UBS Investment Bank, as word spread that rumours were flying that the unit might be spun-off, given its own capital and domiciled outside of Switzerland.
Only young, wet-behind-the-ears candidates need apply.
by Jesse Eisinger, ProPublica
John Pierpont Morgan (April 17, 1837 - March 31, 1913) was an American financier, banker and art collector who dominated corporate finance and industrial consolidation during his time.
The Securities and Exchange Commission has adopted rules to create a whistleblower program that rewards individuals who provide the agency with high-quality tips that lead to successful enforcement actions.
A U.S. judge on Friday rejected a $324.5 million settlement of a class action lawsuit filed by tech workers who accused four Silicon Valley giants including Apple and Google of conspiring to avoid poaching each other's workers.
It's good to be in demand.
'This was a baseless claim, and an unwarranted attack on our institution, our culture and values', said David Van Der Walt, the chief executive of Investec in London.