Investment Banking News
Investment Banking news continually updated from thousands of sources around the net.
8 min ago | The Washington Post
Leucadia National Corp., run by Jefferies Group LLC Chief Executive Officer Richard Handler, reaped a 50 percent gain in less than six months on its purchase of shares in Philip Falcone's Harbinger Group Inc. Harbinger Group climbed 1.8 percent to $12.73 at 4:15 p.m. in New York, compared with the $8.50 that Leucadia paid in September.
Trending on the Topix Network
4 hrs ago | Reuters
Bank of America Corp on Tuesday named Rodrigo Xavier as the top executive for its wholesale and investment banking unit in Brazil, where the second-largest U.S. lender has enjoyed fast growth in recent years.
4 hrs ago | NWAonline
Martha Shoffner, former state Treasurer, leaves with her attorney Charles "Chuck" Banks after she was found guilty in her bribery and extortion trial at the Federal Courthouse in Little Rock Tuesday.
8 hrs ago | The York Daily Record
Puerto Rico sold $3.5 billion in general obligation bonds on Tuesday in the largest issue of its kind for the U.S. territory, which is struggling to pay off $70 billion in public debt.
12 hrs ago | ArkansasBusiness.com
State securities regulators are seeking to suspend or revoke the registration of the Russellville firm and CEO that formerly employed the broker who allegedly bribed former State Treasurer Martha Shoffner .
17 hrs ago | Sys-Con Media
The final terms of the offering will depend upon market conditions and other factors.
Hemispherx wins federal lawsuit regarding investment banking fees Hemispherx Biopharma announced after more than a week in trial, a federal jury in Atlanta took only an hour to determine there was no merit to a brokerage firm's claim that Hemispherx owed the firm over $6M for commissions from private sales of stock in 2009.
The fund management giant Fidelity International has become the first big City institution to publicly criticise Barclays over its 2.4bn bonus pot, intensifying the pressure on the bank ahead of a potentially-fiery annual meeting next month.
Morgan Stanley and Goldman Sachs Group Inc. both decided last month that it was worth losing millions of dollars in fees to get credit on a big merger they didn't work on, four people with knowledge of the matter said.
General Motors Co. hired Jenner & Block LLP Chairman Anton Valukas, who served as a U.S. Justice Department-appointed examiner of the downfall of Lehman Brothers Holdings Inc., to help lead an internal probe of an ignition- switch failure tied to at least 13 deaths.
Growth concerns are back and China is to blame for what Barclays Capital said Monday will be a risk-off start to the week.
The firm set a "strong-buy" rating on the stock. TLMR has been the subject of a number of other recent research reports.
That industry norm stands in glaring contrast to a not-so-modest proposal by Stephens Inc. to go straight to a judge to rule on enforcement actions by the Arkansas Securities Department.
Jesse Litvak, a former managing director with Jefferies & Co. was found guilty by a federal jury of all counts- including securities fraud and making false statements.
Deals like Facebook's acquisition of Whatsapp have investors feeling pretty optimistic about 2014's mergers and acquisitions market, and that means there are Wall Street banks about to rake in some serious fees.
's stock had its "buy" rating reiterated by Jefferies Group in a research note issued on Thursday, Stock Ratings Network.com reports.
Morgan Stanley predicts that when the warm weather comes, it will be clear that most of the data weakness was due to the harsh weather, and that people will sell Treasuries when they realize this.