Rengan Rajaratnam Cuts Own Path in Plea Talks
Federal prosecutors would have reason to seek his cooperation, but the chances of that happening as part of any plea accord seem slim.
View ArticleRegulators Size Up Wall Street, With Worry
Bank regulators are using the bully pulpit to make sweeping, critical pronouncements about the ethos of the industry that they monitor.
View ArticleCitigroup’s Proxy Details Link of Pay to Performance
Citigroup’s proxy report contains some intriguing disclosures on pay that allow outsiders to partially weigh the degree to which a large institution is using compensation to hold its senior executives...
View ArticleIn Allergan Bid, a Question of Insider Trading
William A. Ackman is sitting on a paper profit of more than $1 billion, leaving some to wonder whether the windfall comes as result of what feels like insider trading.
View ArticleBank of America’s Bad Accounting
If a new accounting rule had been in effect, it appears that the bank could not have made the mistake that forced it to withdraw its capital plan.
View ArticleWall Street Embraces a Rule It Hates
Although Wall Street banks have opposed a rule requiring that they push some of their derivatives trading into less-protected entities, they now appear to be doing just that.
View ArticleIn Credit Suisse Settlement, a Question of Justice
Although Credit Suisse is paying stiff penalties as part of its convictions, many critics have been left disappointed by what the plea deal didn't do.
View ArticleIn Competing Offers for Alstom, France’s Government Holds Sway
Rival bids for Alstom seem fated to be decided less on business merits and more on attractiveness to President François Hollande’s government, which fears losing one of France’s industrial crown jewels.
View ArticleIn G.E.’s Deal for Alstom, French Interventionism Wins Out
After much posturing, the French government and G.E. are both declaring victory.
View ArticleResurgence in Oil and Gas Sector Spurs Merger Boom
As energy production in the United States rises, pipeline and storage companies will expand capacity more through acquisitions, industry analysts and investors forecast.
View ArticleU.S. Loosens Reins, but Mortgage Lenders Want More Slack
Financial regulators, trying to increase access to home loans, have relaxed many rules designed to prevent a repeat of the 2008 subprime crisis.
View ArticleResults of Stress Tests Don’t Guarantee Better Economic Health for Eurozone
The vast majority of banks in the eurozone are solid enough to survive a crisis, but only a minority are in a position to increase lending and help the eurozone avoid slipping back into recession.
View ArticleE.C.B. Stress Tests Seen as Bolstering Confidence in Banks
The results of the European Central Bank’s examination of banks show that regulators did a fairly competent job of bolstering Europe’s financial footing, analysts say.
View ArticleWith Fed Stimulus Ending, Questions Over What’s Next for the Markets
One measure of liquidity points to a bumpier road ahead for emerging markets and commodities markets.
View ArticleThe Break-Up Question Over JPMorgan Chase
Applying Wells Fargo's multiple to a company created out of JPMorgan's consumer and business lending operations could theoretically value that "New Chase" at $100 billion.
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