Goldman pumps US$3 billion into hedge fund
GS moves to reduce risk and leverage
- By: IE Staff
- August 13, 2007 August 13, 2007
- 09:40
GS moves to reduce risk and leverage
Results to include $290 million write-down in structured credit business
Adds $120 million in mortgage originations
Bank signs exclusivity agreement with Inversiones Norte Sur
Growing belief that the SEC is not planning a dramatic overhaul of the rules
Success of recurring business offsets decline in non-recurring trading
Record quarterly revenue in capital markets segment
Transaction will involve Canada’s first sponsored demutualization
Record setting pace in first half of 2007
Thomas Murray reviews CDS
Premiums and deposits up 5%
Underwriting income declines
Reorganization into two separate operating divisions rereinforces independence of ratings business
Ratings agency primarily concerned about wholesale banks
Blonde & Blonde significantly adds to WFG market presence in Kelowna
EPS up 33.3% over 2006
Great-West Lifeco Inc. announced Friday that it has completed the acquisition of Putnam Investments Trust.“This acquisition allows Lifeco to achieve, with a single transaction, a…
Firm’s reputation has suffered from problems at its managed hedge funds
Flood damage case headed to Louisiana appeal court
Change aligns reporting periods with peer companies
Market volatility curbs industry assets
Insurer disappointed with underwriting results of U.S. subsidiaries
Q2 earnings climb to $573 million
Investment manager CI Financial Income Fund today reported that its second quarter profit more than doubled and fee-earning assets under management jumped by 33%.Net income…