Private equity firms TPG Capital and Madison Dearborn Partners are the two finalists bidding for National Financial Partners, a New York- based wealth management company, people familiar with the matter said.
Private equity firms TPG Capital and Madison Dearborn Partners are the two finalists bidding for National Financial Partners, a New York- based wealth management company, people familiar with the matter said.
At car dealers across the United States, loans to subprime borrowers are surging — up 18 percent in 2012 from a year earlier, to 6.6 million borrowers. And it's the Federal Reserve that's made it all possible.
CFOs expect to see a modest improvement in the economy over the next six months but not much of a dent in employment. Read the full results of the CNBC Global CFO Council.
After suffering steep losses in one fund, the Yucaipa Companies, the money management firm run by the billionaire Ronald W. Burkle, has cut fees for investors in the portfolio, The New York Times reports.
Liberty Media bought a 27.3 percent stake in Charter Communications on Tuesday, taking advantage of a "rare" opportunity to buy a stake in the cable operator. "We're very happy" with the purchase, CEO Greg Maffei said.
Financial services firms have been operating in a financial "Groundhog Day" of sorts for nearly five years – one that, at TD Ameritrade, has a direct impact on almost 50 percent of our revenue stream.
In his letter to shareholders, Warren E. Buffett said that he would include a money manger with an unfavorable view of Berkshire Hathaway to "to spice things up" at the company's annual meeting.
Goldman Sachs Group Inc reduced its risk-taking for a third straight year, with potential losses from trading dropping to the lowest level in seven years.
The traditional view of a chief financial officer is a bean counter focused on company finances. But the finance function is transforming from being known for saying 'no' to big projects to taking a role in growth and development.
Apple CEO Tim Cook still thinks David Einhorn's lawsuit against the company is a "silly sideshow" but is "seriously considering" returning cash to shareholders.
With approximately 1.2 Trillion dollars in cash sitting on the books of non-financial firms, CFOs need to ensure their cash is efficiently deployed. Is it possible with all of this liquidity?
Tight-fisted companies in Japan may prove the biggest obstacle in Prime Minister Shinzo Abe's plan to push the sluggish economy into higher gear as they intend to keep a firm lid on wage levels.
It's been a long seven-year itch, but Hong Kong Disneyland is finally making some money. The park made $14 million in the last financial year, while this is only about a 2.5 percent return on revenues of $550 million, it's still a profit.
Goldman Sachs is considering delaying bonus payments in the U.K. until after April 6, when the top rate of income tax in the country will drop to 45 percent, from 50 percent, a person familiar with the bank's operations said on Sunday.