Peltz Owns One-Fifth of Legg Mason Shares
By DEALBOOK on Dec 23rd 2009
Nelson Peltz has increased his stake in asset manager Legg Mason by more than one-fifth to 8.49 million shares, Bloomberg News reported.
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95 Percent of Lloyds Cash Call Taken Up
By DEALBOOK on Dec 14th 2009
Lloyds Banking Group said take-up for its record $22 billion rights issue totalled over 95 percent, drawing a line under a turbulent few months for Britain’s largest retail lender.
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Nakheel Seeks Trading Suspension For Bonds
By CHRIS NICHOLSON on Nov 30th 2009
Nakheel of Dubai asked for three of its listed Islamic bonds worth $5.25 billion to be suspended pending details of restructuring plans at its parent company, a move likely aimed at dampening speculation on the bonds.
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Nakheel Seeks Trading Suspension For Bonds
By CHRIS NICHOLSON on Nov 30th 2009
Nakheel of Dubai asked for three of its listed Islamic bonds worth $5.25 billion to be suspended pending details of restructuring plans at its parent company, a move likely aimed at dampening speculation on the bonds.
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Balyasny Finds Nothing Improper After Internal Probe
By Zachery Kouwe on Nov 16th 2009
Balyasny Asset Management, the big Chicago hedge fund run by Dmitry Balyasny, discovered no signs of improper activity after conducting an internal review into trading records and communications of a former employee who recently surfaced in the insider trading case against Galleon Group.
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Intense Review Is Expected for NBC Deal
By CHRIS NICHOLSON on Nov 9th 2009
Comcast’s plan to gain control of NBC Universal, which is expected to be announced in the weeks ahead, barring any unforeseen developments, is likely to be the first major test of the Obama administration’s media regulators.
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Plains Capital Sets Price Range for I.P.O.
By DEALBOOK on Oct 22nd 2009
PlainsCapital has priced the 15 million shares of common stock it plans to offer in an initial public offering.
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Plains Capital Sets Price Range for I.P.O.
By DEALBOOK on Oct 22nd 2009
PlainsCapital has priced the 15 million shares of common stock it plans to offer in an initial public offering.
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Starwood Close to Deal For Corus Assets
By Zachery Kouwe on Oct 2nd 2009
Starwood Capital Group, the real estate investment firm run by Barry Sternlicht, is close to a deal with the Federal Deposit Insurance Corporation to purchase the assets of Corus Bank, which failed under a mound of soured condominium and commercial mortgage loans, sources told DealBook.
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Macquarie to Buy Fox-Pitt Kelton
By Peter Edmonston on Sep 30th 2009
Macquarie Group, the Australian banking giant, continued its United States expansion Wednesday with an agreement to buy the boutique investment banking firm Fox-Pitt Kelton Cochran Caronia Waller.
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UBS Client Enters Guilty Plea in Tax Case
By Peter Edmonston on Sep 25th 2009
A wealthy UBS private banking client pleaded guilty on Friday to tax evasion, the fourth American caught in a widening investigation into the giant Swiss bank over its offshore services.
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Britain’s Top Regulator Takes on Banks
By DEALBOOK on Sep 24th 2009
After the financial debacles of the past year, Adair Turner, Britain’s chief financial regulator, insists on posing some uncomfortable questions for London financiers — and he is raising a bit of a ruckus in the process.
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Britain’s Top Financial Regulator Raises a Ruckus
By DEALBOOK on Sep 24th 2009
After the financial debacles of the past year, Adair Turner, Britain’s chief financial regulator, insists on posing some uncomfortable questions for London financiers — and he is raising a bit of a ruckus in the process.
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S.E.C. to Proceed With Trial in BofA Case
By Zachery Kouwe on Sep 21st 2009
Responding to an order by Judge Jed S. Rakoff, the Securities and Exchange Commission and Bank of America have jointly filed a case management plan outlining the steps they plan to take before heading to trial on Feb. 1, 2010.
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A Comeback for the R.T.C.?
By DEALBOOK on Sep 9th 2009
The Federal Deposit Insurance Corporation has been considering the idea of creating a new version of the Resolution Trust Corp., which was used to clean up after the savings and loan crisis.
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