Hints and tips:
...Causeway Capital Management LLC, the LA hedge fund, has declared 4.88 per cent of Micro Focus....
...Credit Suisse was the sole underwriter of the Social Capital flotation. Shares were allocated to a concentrated group of investors, including mutual funds, hedge funds and sovereign wealth funds....
...On Tuesday, the Japanese semiconductor-to-nuclear conglomerate blamed lower credit ratings and increased fundraising costs as a result of its accounting scandal for taking an impairment charge of ¥260bn...
...Mr Low had also received a “special thanks” in the film’s closing credits....
...He added that Daniel Ek, Spotify’s chief executive and founder, “deserves a tremendous amount of credit for pushing the rock up the hill”....
...Conrad Voldstad: Critics of credit default swaps have got it wrong There has been so much criticism of credit default swaps (CDS) of late that you would think no one was using them any longer, notes Voldstad...
...A full 23 years after its premiere, most of the 20-plus real Wall Street denizens interviewed for this article displayed an encyclopaedic knowledge of the plot; Gekko’s ruthless attempt to raid an airline...
...halts Liverpool FC bid over debt concerns September 20 2010 The credit unit of Blackstone pulls out of talks with Liverpool’s owners to refinance the debt on the club....
...Dubai will hope it can welcome more bankers like V. Shankar....
...With the almost certain return of growth in the previous quarter, it is not an “L” but not yet robust enough to be a “V”. The likelihood of a “W” also seems far-fetched....
...Instead, the money went into a string of unregistered vehicles with names like UBS Diversified Growth LLC and then on Ponzi-style payments to earlier investors, as well as the mansion, a Panamanian casino...
...America’s story makes a frightening read for banks on the other side of the Atlantic....
...Bank of America will make about $600m and Citigroup $300m. The banks will cash in about half their stakes....
...Best regards, Andrew Lahde, CFA Portfolio Manager Lahde Capital Management, LLC...
...Virtually the whole US investment banking industry is on trial in the lawsuit, Credit Suisse First Boston v Billing....
...Paul Atkins, an SEC commissioner, urged the court to take the case Billing v Credit Suisse First Boston, saying that such lawsuits “could devastate America’s process of capital formation, wreak unprecedented...
...Despite the market's decline, there was strong interest in the forthcoming stock market debut of German pay-television group Premiere....
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