Regulators are in talks with several major banks to settle a number of investigations of their sales of mortgage-bonds, The Wall Street Journal reported.
The probe focused on the sale of pools of mortgages and other loans as collateralized debt oblig…
The General Motors IPO is now the largest ever, following the expansion of the offering by the underwriters.
Continue reading Banks Make GM IPO the Largest Ever
Banks Make GM IPO the Largest Ever…
Glencore International AG, the world’s largest commodity trader, is considering a $10 billion IPO.
The IPO would be done in London and potentially Hong Kong in the second quarter of 2011, Bloomberg News reported without naming its sources.
Glencor…
Despite a market meltdown, the men and women of Congress posted a 16% gain collectively between 2008 to 2009, according to a study by the Center for Responsive Politics. Another finding: virtually half of Congressional members …
Investment banks are working around new regulations restricting them from putting their own capital into short-term investments: The Wall Street institutions are sidestepping the Volcker Rule by making direct purchases of secur…