The credit crunch continues to influence bank balance sheets and is also affecting corporations who rely on bank debt for refinancing purposes, says Fitch Ratings…
Sets timetable for integrating Nymex operations
No certainty that any transaction will be completed
Firms will also pay multi-million dollar penalties
Australia’s Macquarie Group announced that it is buying U.S. futures clearing firm, Shatkin Arbor, Inc. of Chicago.Terms of the deal were not revealed. The firms…
BATS Trading Inc. has received approval from the U.S. Securities and Exchange Commission to operate as a registered national securities exchange.The transition into an exchange,…
Shares valued at US$3.5 billion
Total hedge fund assets increased an estimated 4.41% in the second quarter to US$2.973 trillion, According to a new report from HedgeFund.net (HFN).HFN reports that…
20 managers scheduled to speak
Investor protection features mitigate exchange’s previous concerns about listing Special Purpose Acquisition Corporations
Investors pull money from long-term funds
Jovian unit acquires certain former assets of Farm Mutual Financial
Hedge funds likely lost about 2.6% in July, according to the latest version of the Credit Suisse/Tremont Hedge Fund Index.“We estimate the Credit Suisse/Tremont Hedge…
Wachovia Corp. announced today that it is also reached an agreement in principle for a settlement with authorities concerning its sales of auction rate securities…
Strong profit growth at its retail caisse network delivered strong second quarter results at Levis, Que.-based Desjardins Group.The financial co-operative said its surplus earnings before…
Market conditions trim capital markets revenue
Deals increase investor confidence, N.Y. attorney general says
First discount brokerage firm in Canada to use “voiceprint” technology
Capital markets revenue takes a hit in Q1
Companies urged to rein in borrowing as credit crunch bites
Severe spring storms boost total claims losses
Firm aims to provide life insurance market with greater choice for reinsurance partners