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Deutsche To Probe Staff Email Allegations

Email Simon Stratford

Deutsche Bank, whose offices were raided by German police last week, has said that it will investigate prosecutors’ allegations employees deleted e-mails requested as part of a tax-evasion probe.

Schroders to Acquire STW Fixed Income Management

Schroders Logo

Schroders has announced that it has reached agreement for its subsidiary Schroder U.S. Holdings Inc. to acquire 100% of the share capital of STW Fixed Income Management LLC (STW), a value-orientated, US investment-grade fixed income manager.

SAC E-Mails Show Steve Cohen Consulted on Key Dell Trade

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Two days before Dell Inc. was set to report second-quarter 2008 earnings, Jon Horvath, a technology analyst at SAC Capital Advisors LP, e-mailed his boss Michael Steinberg and another portfolio manager to warn that the computer maker would miss earnings estimates.



Old courtroom sketch

Ex-UBS trader asks for dismissal of Libor case

A Manhattan federal judge on Tuesday questioned why a former UBS trader's bid to dismiss a criminal case accusing him of scheming to manipulate the Libor rate should even be considered when the U.S. government calls him a fugitive.