JPMorgan Chase & Co is looking to sell 23 office properties in what may be the country's largest office real estate sale this year, the Wall Street Journal said in a report on its Website on Tuesday.
Lehman Brothers Holdings Inc can pursue claims on assets in a bankruptcy case expected to set a precedent for treatment of derivatives in complex investment products, a New York court said on Tuesday.
The Obama administration's plan to crack down on the $450 trillion over-the-counter derivatives market would require financial regulators to supervise the dealers of the private contracts.
Bank of America Corp will likely face more embarrassing disclosures about bonuses paid at Merrill Lynch & Co after a federal judge refused to rubber-stamp a settlement over the $3.6 billion of payouts.
Stocks slid on Tuesday after a prominent banking analyst warned that the sector's fundamentals have not yet improved, sparking a sell-off in bank shares.
Stocks fell on Tuesday after data showed an unexpectedly large drop in inventories at wholesalers in June, while an analyst's warning that fundamentals for the banking industry have not improved sent financial sector shares lower.
Stocks fell on Tuesday after data showed an unexpectedly large drop in inventories at wholesalers in June, while an analyst's warning that fundamentals for the banking industry have not improved sent financial sector shares lower.
European private equity firms are keen to start bringing their best-performing portfolio companies to market, encouraged by early successes on the other side of the Atlantic.
U.S. banks, which have cut thousands of jobs during the two-year-old financial crisis, are suddenly racing to fill empty seats to make the most of soaring stock markets and narrowing credit spreads.
Cumberland Pharmaceuticals Inc priced its initial public offering below the estimate range on Monday, but broke a nearly two-year drought for IPOs in the pharmaceutical sector.
Exchange watchdogs made dozens of referrals to U.S. securities regulators about the once prominent hedge fund Pequot Capital Management, the chairman of the Securities and Exchange Commission said in a letter revealed on Monday.
Lone Star Funds joined other big private equity names in opposing proposed U.S. rules for investments in failed banks, as a designated period for public comment on the draft regulations comes to an end on Monday.
InfrastruX Group Inc, a provider of services to gas and electricity companies, is seeking to raise up to $290 million in an initial public offering, according to a regulatory filing on Monday.
Pequot Capital Management Inc, once a prominent hedge fund firm, has been named dozens of times in private reports that alerted U.S. financial regulators to possible insider trading or other misconduct, according to Bloomberg News.
Goldman Sachs Group Inc will have to give up its personnel information on a former employee accused of stealing trade secrets, after a U.S. judge on Monday denied the firm's motion to quash a request by the computer programmer's lawyer.
Stocks fell on Monday, but were off their session lows, as investors booked profits following a four-week rally that took the broad S&P 500 index to a 10-month high on Friday.
State Street Corp , one of the world's biggest institutional investors, said on Monday it may not have set aside enough money to cover fees and penalties linked to lawsuits and investigations by regulators into risky investments.
Stocks fell on Monday as investors booked profits following a four-week rally that took the broad S&P 500 index to a 10-month high on Friday.
A U.S. regulator fined a unit of Credit Suisse Group AG $275,000 for failing to make independent research available to customers, as required under an industrywide settlement over alleged faulty stock research.
Dynegy Inc said it will sell eight power plants to private equity firm LS Power for around $1.5 billion in cash and stock, basically ending a two-and-a-half-year joint venture between the two companies.
Network security provider Fortinet Inc filed with U.S. regulators on Monday to raise up to $100 million in an initial public offering of common stock.
U.S. stock index futures dipped on Monday as investors paused for profit-taking after a sharp run-up, ahead of key indicators on consumer spending due later this week.
