Malkin Holdings LLC, the company that manages the Empire State Building-- which for four decades after its completion in 1931 ranked as the world's tallest building-- is seeking investor approval to create a real estate investment trust, called Empire State Realty Trust Inc. Of the investors who have already cast votes, 90 percent have favored the Malkin plan, according to a filing with the Securities and Exchange Commission.
Thanos Papasavvas, strategist, fixed income and currencies at Investec Asset Management, tells CNBC that the period before the September elections in Germany is crucial for European leaders to push Germany into taking a more dovish stance on EU reforms as she tries to win over supporters of her main challenger in the elections. The opposition SPD places a greater emphasis on growth than Merkel who has stressed the need for austerity.
WASHINGTON, March 6- The top U.S. derivatives regulator sided with the CME Group Inc in a row over client data on Wednesday, a decision which could lead to a contentious lawsuit by a rival firm.
*Private pensions a new business in Turkey. ISTANBUL, March 6- Turkey could see half a million new private pension contributors this year thanks to changes in regulation, boosting a nascent fund management industry and luring global portfolios.
March 6- Nasdaq OMX Group Inc said it will form a marketplace for trading in shares in unlisted companies in a joint venture with SharesPost Inc, whose private trading platform has run into regulatory trouble. The new market, to be based in San Francisco, will launch later this year, pending regulatory approvals, and will be led by SharesPost founder Greg Brogger.
WASHINGTON, March 4- Fannie Mae and Freddie Mac will form a joint venture for securitizing home loans that could end up replacing the two government-controlled mortgage finance giants, their regulator said on Monday.
WASHINGTON, March 4- Fannie Mae and Freddie Mac will build a new joint company for securitizing home loans as a stepping stone toward shrinking the government's role in the mortgage market, the regulator of the U.S. government-controlled firms said on Monday.
WASHINGTON, March 4- Fannie Mae and Freddie Mac will build a new joint company for securitizing home loans as a stepping stone toward less government involvement in the mortgage market, the regulator of the U.S. government-controlled firms said on Monday.
Occupy the SEC, a subset of Occupy Wall Street that focuses on financial regulators such as the Securities and Exchange Commission, said it wants a federal court to order regulatory agencies to put out final regulations to enforce the Volcker rule, as the ban on speculation by banks is known.
NEW YORK, Feb 21- Charles Schwab Corp. can ban its clients from bringing class-action lawsuits, a securities industry regulatory panel ruled Thursday in a sweeping decision that may be adopted broadly by U.S. brokerage firms.
WASHINGTON, Feb 21- The top U.S. derivatives regulator on Thursday sought to fine the CME Group Inc and ban two former employees for life for leaking client data in a crackdown on the world's largest futures exchange.
WASHINGTON, Feb 21- The top U.S. derivatives regulator charged the CME Group Inc and two former employees with disclosing non-public information about customer trades, saying it would seek fines and bans from the industry.
DuckDuckGo CEO Gabriel Weinberg says web traffic on his search engine, billed as an alternative to Google that doesn't store your private information, surged 33 percent after the NSA news broke. Weinberg discusses the model of his search engine, and how the company makes money.
Wednesday, 19 Jun 2013 | 6:31 AM ETJohn Silvia, Wells Fargo Securities, and Barbara Marcin, Gabelli Dividend Income Fund, discuss whether investors should reconsider allocating their portfolios as the Fed wraps up its two-day policy meeting.
Wednesday, 19 Jun 2013 | 8:53 AM ETKen Langone, Invemed Associates chairman and president, called Fed Chairman Ben Bernanke a "lame duck."