U.S. securities regulators are eyeing new restrictions on the multi-trillion dollar securities lending market used by short-sellers after the credit crisis revealed the industry was anything but low risk.
Accretive Health Inc AH.N, a provider of technology and services aimed at helping hospitals manage their revenue cycles, plans to raise as much as $200 million in an initial public offering, according to a prospectus filed with U.S. regulators.
A survey of small and mid-sized companies in 12 major global markets showed growing confidence in the state of global trade, Europe's biggest bank, HSBC, said on Tuesday.
CIT Group Inc shares surged on Tuesday following a newspaper report that hedge fund Paulson & Co wants to combine the cash-strapped lender with a Paulson-affiliated bank once known as IndyMac. But a person familiar with the matter denied the report.
RailAmerica Inc, which owns and operates short-line and regional freight railroads in North America, has set the terms for its planned initial public offering, which is scheduled for October.
JPMorgan Chase & Co Chief Executive Jamie Dimon said on Tuesday he is starting to look for a successor, and he named Jes Staley, current head of the No. 2 U.S. bank's asset management unit, to the key post of investment bank CEO.
The following are some of the major companies planning initial public offerings on the Hong Kong stock exchange.
Newegg Inc, a venture-capital backed online retailer of computer hardware and software, plans to raise up to $175 million in an initial public offering, according to a regulatory filing.
Shares of Peak Sport Products Co tumbled 17 percent on Tuesday, in the worst debut of a Hong Kong IPO in the current wave of offerings.
Hedge fund manager John Paulson is considering merging troubled U.S. finance company CIT Group Inc with failed mortgage lender IndyMac Federal Bank, the New York Post said, citing people familiar with the matter.
The Netherlands is looking into options to sell Fortis Bank Nederland assets to French bank BNP Paribas as part of a merger remedy ordered by the European Commission, a source said on Tuesday.
Royal Bank of Canada said on Tuesday it reached a deal to buy JPMorgan Chase & Co's investment adviser servicing business, the latest step by RBC to expand its U.S. wealth management division.
Private equity firm Kohlberg Kravis Roberts & Co has appointed a head of investor relations for the first time, as the firm readies itself to become a publicly listed company.
UBS AG's U.S. wealth management unit Paine Webber is not a core part of the bank's operations but will not be sold at present, UBS Chief Executive Oswald Gruebel was quoted saying in the FT.
JPMorgan Chase & Co's co-chief executives of its investment bank have been replaced by Jes Staley, current head of the No. 2 U.S. bank's asset management unit, possibly putting him in a position to succeed CEO Jamie Dimon.
Homes Sales Beat Views; Merger for Smaller Banks? UBS Won't Sell Unit for Now
The Dow Jones industrial average and S&P 500 stock index futures swung into positive territory on Tuesday following a stronger-than-expected report on July home prices.
JPMorgan Chase & Co said on Tuesday its co-chief executive of investment banking is leaving, one of several management changes that are part the bank's succession plan.
European shares dipped on Tuesday after the previous session's sharp gains, dragged lower by commodity stocks, but financials offered support after BNP Paribas raised capital to shake off government influence.
Britain's leading share index was 0.4 percent weaker in mid-session trade on Tuesday, with weakness in commodity stocks outweighing gains in financials as investors booked profit after recent gains.
Hedge fund manager John Paulson is considering merging troubled U.S. finance company CIT Group with failed mortgage lender IndyMac Federal Bank , the New York Post said, citing people familiar with the matter.
World stocks edged higher while the dollar steadied on Tuesday as BNP Paribas' move to pay back state financial support and growing corporate takeover activity bolstered confidence about economic recovery.
