SHANGHAI, Dec 1- China's share markets held a soft tone on Tuesday, hurt by weak factory activity despite the International Monetary Fund's decision to grant the yuan global reserve currency status. "Theoretically, the move would make yuan assets more attractive to global investors over the long term," said Samuel Chien, partner of hedge fund manager Shanghai...» Read More
LONDON/ AMSTERDAM, June 4- The European Commission will give banks in the EU another six-month exemption until December from having to hold extra capital to cover transactions at clearing houses that don't meet the bloc's standards. "The decision will give the market the legal certainty it needs for the next six months," EU financial services commissioner,...
SunGard was acquired for $11.4 billion in 2005 by Silver Lake Partners LP, TPG Capital LP, Bain Capital LLC, Blackstone Group LP, Goldman Sachs Capital Partners LP, KKR& Co LP and Providence Equity Partners Inc.. JP Morgan, Barclays and Goldman Sachs are among the underwriters to the IPO, the company said. The company posted a net loss of $222 million, compared with a...
Funds run by Boston- based Fidelity Investments and Baltimore's T. Rowe Price Group, for example, more than doubled their money with pre-IPO bets on Facebook Inc. And shares of lesser known Zafgen Inc are up 15- fold since the Fidelity Select Biotechnology Portfolio made a pre-IPO investment of $11.2 million in late 2013. Zafgen's IPO was in June 2014.
Agricultural companies Monsanto and Syngenta are working with investment banks on a takeover deal, three sources familiar with the matter said.
Foreign investors can own no more than 10 percent of Saudi Arabia's stock market by value, the regulator said on Monday.
Many investors think IPOs are too risky, if not outright dubious. Here are 6 key factors that can help identify the most promising IPOs.
Russia, Australia and the Netherlands became the latest three countries to say they plan to join the China-led Asian Infrastructure Investment Bank.
China's Finance Ministry said on Saturday that the U.K. and Switzerland had been formally accepted as founding members of the Asian Infrastructure Investment Bank.
We've just seen a surge of stock market buyers, according to TrimTabs. Is that a bad sign? David Seaburg and Todd Gordon discuss with Brian Sullivan.
Is Europe moving closer to a U.S. style model in terms of capital markets? Huw Pill, chief European economist and co-head of the economics team at Goldman Sachs, gives his thoughts.
John Whitehead, a former co-chairman of Goldman Sachs who helped make it a top-tier Wall Street firm, has died.
Blackstone reported a 6 percent decline in fourth-quarter profit on Thursday as its real estate funds appreciated less than they did a year ago.
Denver asset manager Janus Capital Group said fourth-quarter profit rose 22 percent after hiring of star bond fund manager Bill Gross.
BlackRock, the world's largest money manager, reported a higher-than-expected fourth-quarter profit as assets under management increased.
Executives at Vanguard Group warned that deflation is a real risk for the global economy while downplaying inflation concerns for the United States.
More than 60 percent of the money raised by Bill Gross for Janus Capital came from a Morgan Stanley wealth management office.
John West, ECM editor at Mergermarket / Dealreporter, discusses whether volatile markets will push companies to pull their initial public offerings.
A 70- year-old hedge fund founder has been shot dead in his New York apartment.
Despite slowing growth in China, Wang Chao Yong, Chairman and CEO at China Equity Group, explains why he's still positive on domestic prospects.
Hedge fund Third Point is considering launching a proxy contest at Dow Chemical after negotiations over board seats broke down on Thursday.