Wednesday May 15 | The Washington Post
Third Point LLC, the hedge-fund firm led by Daniel Loeb, exited its position in Morgan Stanley in the first quarter after the shares rallied.
Wednesday May 15 | Kent Online
Cabot Credit Management, based in Kings Hill, West Malling, to being acquired by the business founded in 1998 by New York-based Christopher Flowers.
Wednesday May 15 | Reuters
Deutsche Bank AG said on Wednesday it has named Jerry Miller to run the German bank's asset and wealth management business in the Americas.
Chief Executive James Gorman said he hopes the company will deliver its return-on-equity Goals By 2014 to shareholders at the annual meeting in Purchase, New York.
Traxis Partners is a boutique hedge fund founded by former Morgan Stanley global strategist Barton Biggs , who passed away in July 2012.
Light, sweet crude in Houston has weakened to a bigger discount to oil in Louisiana and to international benchmark Brent because of shipping constraints.
Asian stocks rose, with the regional benchmark index heading for a second day of gains, as retail sales in the U.S. unexpectedly increased last month, boosting the earnings outlook for the region's exporters.
Petrobras, as the state-run oil producer is known, is seeking to sell fixed-rate bonds due in three, five, 10 and 30 years as well as three- and five-year floating-rate bonds, according to a person familiar with the offering.
Dave brings 20 years of business leadership experience within the wealth management industry to his role at Lenox.
West Texas Intermediate crude fell for a third day, the longest run of declines in four weeks, as OPEC boosted output to the highest level in five months.
With a very strong U.S. dollar, the spot price for gold for June Delivery at the COMEX division of the CME fell by $32, or 2.2%, settling at $1,436.60 an ounce.
Morgan Stanley re-hired John Collins, a mergers-and-acquisitions banker who left the firm three years ago to join Moelis & Co., for a newly created role as global operations officer for the investment-banking division.
Thomas H. Lee Partners and an affiliate of Goldman, Sachs & Co. have agreed to buy CTI Foods.
Greenhill & Co. , the merger adviser GrainCorp Ltd. hired to consider Archer-Daniels-Midland Co.'s bid, is itself a potential target for firms looking to add banking expertise on optimism deal-making will resurge.
The financial industry has long been a draw for former political operatives seeking a bigger paycheck and New York lifestyle.