Assets & Investments
Which Nonbank Financial Firms Will Face More Regulatory Oversight?
The U.S. systemic risk council will meet on Sept. 4 to discuss naming nonbank financial firms for tougher regulatory oversight, the U.S. Treasury Department said on Thursday. The Financial Stability ...
Ex-AIG CEO’s $25B Bailout Lawsuit to Move Forward
A federal judge has rejected the United States' bid to dismiss a more than $25 billion lawsuit filed by Maurice "Hank" Greenberg, the former chief executive of American International Group, over the ...
Kemper Strategy: An Alternative Approach to Private Equity Investing
Co-investing has become one of the most discussed issues between private equity funds, also known as general partners (GPs), and their investors, commonly referred to as limited partners (LPs). For ...
Goldman Sachs Puts U.S. Government Mortgage Bond Dispute Behind It
Goldman Sachs Group Inc has agreed to a settlement worth $1.2 billion to resolve a U.S.regulator's claims the bank sold Fannie Mae and Freddie Mac faulty mortgage bonds, the regulator announced ...
Doing Well and Doing Good: Zurich Insurance Group Commits to Invest up to $2B in Green Bonds
You have a choice between two investment-grade bonds, both yielding a return commensurate with risk. One bond provides funding to projects that help avoid over 450,000 tons of CO2 emissions ...
Lehman Brothers’ Trustee to Distribute $3.5B Toward Claims
The trustee for Lehman Brothers Inc., the defunct brokerage, will distribute almost $3.5 billion on Sept. 10 to general unsecured creditors with $20.4 billion in approved claims. The distribution ...
Berkshire Hathaway’s Stock is How High?
Berkshire Hathaway Inc's share price on Thursday surpassed and closed above $200,000 for the first time, the latest milestone for a company that Warren Buffett has built over nearly five decades into ...
U.S. P/C Insurance M&A Gaining a Foreign Flavor
Insurance mergers and acquisitions often provide signs pointing to the direction where the industry is heading. Reading the signs today reveals a strong foreign element. In 2014 there has been a ...