You may have noticed that a number of firms have come out in recent filings and advised that they may in the future sustain losses (varying from multi-millions to several billions) from a variety of lawsuits that have been filed against them and are working their way through various legal systems.
The Securities and Exchange Commission has announced insider trading charges against a Westport, Conn.-based business consultant who has served on the boards of directors at Goldman Sachs and Procter & Gamble for illegally tipping Galleon Management founder and hedge fund manager Raj Rajaratnam with inside information about the quarterly earnings at both firms, as well as an impending $5bn investment by Berkshire Hathaway in Goldman.
BUSINESS WIRE - Kohlberg Kravis Roberts & Co. L.P. (together with its affiliates, 'KKR') has announced the appointment of Mubashir Mukadam as European Head of Special Situations for KKR's $14 billion asset management platform, KKR Asset Management LLC ('KAM').
London bankers are ditching their smart suits and morning cappuccino for another weekend of hard graft to raise money for Havens Hospices.
Jefferies has announced the addition of David W. Bradley who joins the firm as a Managing Director and Global Head of Industrials Investment Banking. Bradley will be based in the firm's New York office.
CLSA analyst Mike Mayo has Citigroup in his sights once again.
It is a question that has stumped the great and the good since time began (or at least since investment banks were first invented).
On 22 February 2011, Christchurch and the surrounding area were struck by an earthquake that caused severe damage and tragic casualties.
Jeff Kaplan, head of global M&A over at Bank of America Merrill Lynch, is off to go work for one of the firm's biggest clients. The King is dead, long live the King!