Fast-growing Stone Ridge Asset Management has poached execs from Credit Suisse, BNP Paribas and Morgan Stanley in recent weeks.» Read More
The U.S. Treasury is selling its remaining stake in insurer American International Group, bringing an end to government ownership of the company about four years after a $182 billion bailout.
Jordan Thomas, former Assistant Director of Enforcement at the Securities and Exchange Commission, discusses the SEC's probe of Deutsche Bank.
These companies are making headlines after the bell Wednesday:
Zhengzhou Coal Mining shares tumble in its Hong Kong debut, negatively affecting the underwriters of the $300 million offering, underscoring reduced appetite for new IPOs.
Delta Air Lines has held recent talks to buy a 49 percent stake in British carrier Virgin Atlantic that is currently held by Singapore Airlines, two people familiar with the matter said on Sunday.
It's not easy figuring out whether investors are short the yen, or by how much. But this pro has a way to decipher the currency's prospects.
Shares of Altanta's biggest public companies posted an average return of 22 percent in the 52 weeks ended Oct. 31.
Greece has hired Deutsche Bank and Morgan Stanley to conduct a voluntary buy back of its debt, a senior finance ministry official told Reuters.
Investors are so down on the euro that this pro thinks it could make a better currency play than the dollar.
With 40 shopping days left in the season, a few retail names stand out ahead of earnings, Deutsche Bank retail analyst Charles Grom said Tuesday on CNBC.
A set of positive earnings from European banks helped to boost investors’ confidence on Tuesday, with CEOs and analysts signaling that the crisis-hit banking sector has turned a corner.
Brazil has been pushing to keep its currency in check, but this strategist thinks they may soon take the pressure off.
Oct 12- Fitch Ratings says that Global Senior Loan Index Fund 1 B.V.' s ratings will not be affected by the novation of the currency swap and currency option agreements. The swap and option agreements with Banque AIG and guaranteed by American International Group Inc. have been novated to Deutsche Bank AG.
FRANKFURT, Oct 12- German ship owners have called for a state bailout as the sector continues to struggle with overcapacity, rising fuel costs and hard-pressed banks pulling back from lending to the industry.
By Catherine Bosley and Steve Slater. ZURICH/ LONDON, Oct 11- Nationally important banks will need to hold extra capital from 2016 to cushion the impact on their domestic economies if they hit trouble, but the global banking watchdog will leave it up to national regulators to say how much more.
FRANKFURT, Oct 11- Karl-Gerhard Eick, chairman of the audit committee at Deutsche Bank, said on Thursday he would not seek to extend his term as a member of the bank's supervisory board, which expires in May 2013. Eick's term as supervisory board member is set to expire at the bank's annual shareholders' meeting on May 23, 2013.
Oct 10- Fitch Ratings has affirmed Deutsche Bank AG's. The ratings of Deutsche Bank's main subsidiaries have also been affirmed, as were the ratings of all issues. The rating actions on Deutsche Bank have been taken in conjunction with Fitch's Global Trading and Universal Bank periodic review.
*AMG/Permira plan to split up Robeco- sources. *Robeco could fetch more than 2 bln euros- sources. is weighing three offers for its asset management arm Robeco, facing a choice between bids to split the 2 billion euro- plus business or sell it in one piece, people familiar with the situation said.
Oct 10- Danaher Corp and Cooper Industries will sell their hand and power tools joint venture, Apex Tool Group, to Bain Capital for about $1.6 billion, joining a growing group of U.S. conglomerates that is divesting its non-core assets.