Irving Picard, the Trustee for the liquidation of Bernard L. Madoff Investment Securities LLC, has now had most of the details of his $6.4bn lawsuit against JPMorgan Chase unsealed.
The Securities and Exchange Commission has charged six expert network consultants and employees with insider trading for illegally tipping hedge funds and other investors to generate nearly $6m in illicit gains.
The value of worldwide mergers and acquisitions totals $309.6bn through year-to-date 2011, a 69% increase over last year at this time and the strongest start for M&A since 2000, when the opening weeks of the year saw $554.2bn in deal activity.
Earlier this week, we ran what we thought was a somewhat harsh comment from The Financial Times on the subject of Nomura:
Deutsche Bank's Corporate & Investment banking unit saw a 57% increase in profits in the fourth-quarter, as sales and trading revenues grew by 30%. Overall, revenues hit a Q4 record high.
Here's the latest from our Highly Placed Professional.
A new survey of over 1,000 financial professionals reveals that bank employees doubt the value of deferring bonuses as a way of aligning compensation with the long term interests of shareholders.
Ed Clark, CEO at Toronto-Dominion Bank, discusses the bank's performance and acquisition strategy.
Jeff Werbalowsky is Houlihan Lokey’s Co-Chief Executive Officer and a Senior Managing Director in the firm’s Minneapolis office.
2 February 2011
Six of the eight mysterious deaths have been from a building or in front of a train. Half of them were at work or en route.
Think you know all there is to know about Twitter ? Think again.
From negative performance reviews and massive employee layoffs to federal budget cuts and fatal test results, bad news is almost a daily phenomenon across all industries and sectors.