Tag Archives: senior-executives
Asian finance firms are more optimistic on acquisitions
The China Post – Asia-Pacific banks, brokerages, insurers and private equity firms are more optimistic about mergers and acquisitions as they seek to expand following a decline in asset prices, according to PricewaterhouseCoopers LLP. About 42 percent of financial institutions […]
Lehman Stock Down After Korean Investment Talks End
New York (HedgeCo.Net) – Shares of Lehman Brothers Holdings Inc. plummeted on Tuesday amidst increasing investor concerns over the bank’s ability to raise capital. The stock dropped 45 percent to $7.79 in early afternoon trading, marking the lowest level in […]
Blackstone and KKR eye Lehman assets
Reuters – Blackstone and Kohlberg Kravis Roberts & Co are each looking to buy parts of Lehman’s real estate and asset management units, sources familiar with the situation said on Friday, sparking a broad rebound in financial stocks. The real […]
Alan Schwartz Plans Exit from JPMorgan
New York (HedgeCo.Net) – Alan Schwartz, former Bear Stearns CEO, has decided to leave JPMorgan and pursue other ventures. “With most of the work on the merger integration behind us, Alan will be moving on from the firm at the […]