Hints and tips:
...Last month, NWBO and its Reddit fans were rebuffed by a Manhattan court, which granted Citadel et al’s motion to dismiss the case. But there was a sting in the tail....
...(Bloomberg) US oil driller Continental Resources has hired Rory Sabino, formerly of Bank of America Merrill Lynch....
...Abrahamson et al find evidence that “strategic pricing” (implicit collusion) is as strong as ever in the US IPO market....
...Whatever Mr Cameron et al might think, restraint is not a word in most bankers’ vocabularies. Patrick Jenkins is the FT’s Banking Editor Patrick.Jenkins@ft.com...
...So, as far as the SEC is concerned, Ken Lewis et al really are off the hook. What was not clear, immediately, was whether Attorney General Andrew Cuomo still feels differently....
...Merrill Lynch International and ABN AMRO Bank NV will act as exempt principal traders in Assented Shares....
...From the WSJ: It turns out that some of the biggest names on Wall Street — Merrill Lynch & Co., Citigroup Inc., Deutsche Bank and UBS AG — were placing large bets against Morgan Stanley, the records indicate...
..., Mexico et al as the lowest risk....
...After spending billions of dollars at the wrong price for shares in Merrill Lynch, Barclays et al, Singapore’s state-backed investment body Temasek says it still “sees value” in banking stocks in the US...
...The once popular pursuit of high-risk, high-return markets – characterised by the avowed desire from banks like Merrill Lynch and Morgan Stanley to be “more like Goldman Sachs” – ended in tears....
...Later negotiations also involved Merrill Lynch and Citadel....
...There can be little doubt that Eden et al will achieve or better the top-of-the-band pricing of $18.50-a-share....
...Jake Zamansky, a lawyer who negotiated an early settlement from Merrill Lynch in the scandal over skewed investment bank research, has filed an arbitration claim against Bear Stearns alleging the firm misled...
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