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By Jody Shenn, Bloomberg |
May 23, 2012
Fitch Ratings is wavering over part of its plan to loosen rules for banks that sell derivatives contained in securitizations and covered bonds.
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By David Glovin and Patricia Hurtado, Bloomberg |
May 23, 2012
Warren Buffett’s investment in Goldman Sachs Group Inc. in September 2008 was so confidential that even his chief financial officer was unaware of it before being briefed on the details by a Goldman Sachs executive.
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By Press Release |
May 23, 2012
The ETF invests in covered bonds, a type of collateralized corporate debt typically issued by non-U.S. financial institutions.
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By Silla Brush and Matthew Leising, Bloomberg |
May 23, 2012
Derivatives clearinghouses owned by CME Group Inc. and Intercontinental Exchange Inc. have been designated systemically important by U.S. regulators, moving them closer to heightened supervision under the Dodd-Frank Act.
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By Jim Brunsden, Bloomberg |
May 23, 2012
Deutsche Boerse AG may win a reprieve from draft European Union proposals to force exchanges to open up their derivatives clearing services to competition.
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By Press Release |
May 23, 2012
Federal court in New York orders Chicago resident and former floor broker, Kent R.E. Whitney, to pay $600,000 for margin call avoidance scheme.
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By Don Jeffrey, Bloomberg |
May 23, 2012
Morgan Stanley, Goldman Sachs Group Inc. and JPMorgan Chase & Co. were sued along with other underwriters and Facebook Inc. by investors who claimed they were misled in the purchase of the social network firm’s stock.
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By Keith Naughton, Bloomberg |
May 23, 2012
Ford Motor Co. was raised to investment grade by Moody’s Investors Service, enabling Executive Chairman Bill Ford, great-grandson of the founder, to reclaim the blue oval logo he put up as collateral for a loan.
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By Canaccord Genuity Morning Coffee |
May 23, 2012
Shares of Facebook fell again Tuesday as investors continue to shun what was one of the most anticipated IPOs of all time.
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By Cheyenne Hopkins and Ian Katz, Bloomberg |
May 22, 2012
A panel of U.S. regulators voted to designate swaps clearinghouses systemically important, a step that would put them under heightened supervision.
