4 hrs ago
Data Center Knowledge
Optimizing Infrastructure for the Big Data V's - Volume, Velocity and Variety
The use of big data, in general, is still in its early stages for many industries, but the financial services industry has been dealing with big data for years.
Thu May 23, 2013
U.S. group recommends uniform settlement times for tri-party repos
A U.S. bond industry group made recommendations on Thursday for specific settlement times for tri-party repurchase agreements - loans that help Wall Street firms to operate daily - to address weaknesses in a market that was roiled in the global credit crisis.
Silicon Alley Insider
ANALYST: Japan Just Had Its 'Lehman-Like' Moment
In fact, Japanese equities were basically the hottest major asset class in the entire world before today's bloodbath, posting 20.9% cumulative gains over the past three months alone.
UPDATE 1-Blackstone, Prologis pay $960 mln for warehouses-sources
Blackstone Group LP and Prologis Inc have agreed to buy a portfolio of 17 million square feet of warehouse and distribution centers whose majority owner is Lehman Brothers for about $960 million, two sources familiar with the deal said on Wednesday.
Wed May 22, 2013
Lehman Australia Liquidator Wins Approval for Vote
The liquidator for Lehman Brothers Holding Inc.'s Australian unit won federal court approval for a creditors' vote on a proposed claims settlement giving them as much as about half of what they're owed.
Apricus, AvalonBay, Equity Residential Disclose Offerings
Apricus Biosciences Inc. unveiled plans to offer shares of common stock and warrants, while an affiliate of Lehman Brothers Holdings Inc.
GE's Immelt weighs IPO for parts of shrinking finance unit
Jeff Immelt, Chairman and CEO of General Electric, left. The company is considering spinning off parts of its finance unit through an initial public offering as Immelt works to shrink the business.
Sun May 19, 2013
Sat May 18, 2013
Wells Fargo Reaches Record as Strength in Economy, Housing Attract Buyers
Wells Fargo & Co. , the largest U.S. home lender and the nation's most valuable bank, closed at a record high yesterday as strength in the economy and housing markets spurred buyers.
Fri May 17, 2013
Greenhill real estate fund i-banker departs firm
The team focuses on the real estate portion of Greenhill's fund placement business, which provides capital-raising and other advisory services to private equity and real estate sponsors.
Zombie Lehman Stalks Nonprofits for Swaps Payments
Almost five years after Lehman Brothers Holdings filed for bankruptcy and set off the global financial crisis, managers of the bank's estate are demanding millions of dollars from retirement homes, colleges, and hospitals.
Wed May 15, 2013
Citigroup and Lehman Settle Dispute Over Currency Trades
Citigroup Inc. can be granted a $1.2 billion claim against Lehman Brothers Holdings Inc.'s defunct brokerage and will pay an affiliate of the Lehman parent $167 million to settle a dispute over amounts owed on foreign-exchange transactions, a judge ruled.
Tue May 14, 2013
Pensions & Investments
U.K. Supreme Court to decide if pension claims trump others' in bankruptcy cases
The U.K. Supreme Court on Tuesday began hearing parallel cases challenging whether pension funds of insolvent companies have priority claim over other creditors.
Former Credit Suisse exec to earn $45m stock bonus in new role
The former head of investment banking for EMEA at Credit Suisse will receive a stock bonus worth about US$45m in today's terms from his new employer over the next seven years, according to a regulatory filing.
Lehman administrators in Supreme Court over pension payments
PWC ADMINISTRATORS for Lehman Brothers are in the Supreme Court today to decide the future on how the collapsed bank's defined benefit pension scheme liabilities should be paid.
Interview With Ethan Harris: Further Slowing In Summer, 20% Chance Of Recession In Next Year
Economist Ethan Harris is managing director and co-head of global economics at Bank of America Merrill Lynch.
Mon May 13, 2013
Lotame Appoints Chief Revenue Officer
Lotame Solutions, Inc. , the global leader in unifying data management, today announced it has appointed Kevin Kohn as Chief Revenue Officer.
Lehman Reaches Beyond Grave to Grab Millions From Nonprofits
Almost five years after Lehman Brothers Holding Inc. filed for bankruptcy and set off the global financial crisis, managers of the bank's estate are demanding millions of dollars from retirement homes, colleges and hospitals.
Wall Street is back
FOR a few tense weeks in 2008, as investment-bank executives huddled behind the imposing doors of the New York Federal Reserve, Wall Street seemed to be collapsing around them.
First BanCorp Announces Decision in Lehman Related Claim
First BanCorp , the bank holding company for FirstBank Puerto Rico , today filed a Form 8-K that disclosed that the United States Bankruptcy Court for the Southern District of New York has denied the Bank's Motion for Summary Judgment filed in connection with its claim to recover certain assets posted as collateral with Lehman Brothers, Inc.