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Using a similar tactic, Travelers Group Chief Executive Sanford Weill was in Tokyo in June to pen a deal with Nikko Securities and said his next target may be a Japanese insurer.
FORBES: Japan is changing
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Mark Meland, a lawyer representing the bondholders, said in May the deal had led to a 20.0% drop in the value of the debt securities, while equity investors had been offered a premium.
FORBES: BCE Deal Passes One Hurdle
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Glass-Steagall was enacted in 1933 to create a firewall between commercial and investment banks: commercial banks could not underwrite or deal in securities, and investment banks could not accept deposits.
FORBES: Why The Glass-Steagall Myth Persists
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The SEC alleges that Goldman failed to tell investors of the role of Paulson in choosing mortgage securities underlying the Abacus deal.
WSJ: Tourre Testimony Raises Legal Questions
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It also allowed banks, securities brokers and jobbers (market-makers in securities), which had previously been separated by law, to deal under one roof.
ECONOMIST: Investment banks
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P. growth faltered, the fund made a great deal of money betting on Treasury bonds and other securities that tend to do well in a weak economy.
NEWYORKER: Mastering the Machine
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Mark Meland, a lawyer representing the bondholders, said the deal has led to a 20.0% drop in the value of the debt securities, while equity investors have been offered a premium.
FORBES: BCE's Block Is Bondholders' Gain
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One sure thing is that Yeung has a good relationship with Pollyanna Chu, chief executive of Golden Resorts casino in Macau and Kingston Securities, which financially backed Yeung's deal to buy the team.
FORBES: Magazine Article
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One sure thing is that Yeung has a good relationship with Pollyana Chu, chief executive of Golden Resorts casino in Macau and Kingston Securities, which financially backed Yeung's deal to buy Birmingham City.
FORBES: Market Scan
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In January, he signed a deal with Web Street Securities, an American stockbroker, to give his customers cheap access to American shares.
ECONOMIST: Online stockbroking