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  • Blackstone Has $275 Million Third-Quarter Profit as lbos Return

    Nov 6th, 2009 - Bloomberg

    Blackstone Has $275 Million Third-Quarter Profit as lbos ReturnNov. 6 (Bloomberg) -- Blackstone Group LP, the world’slargest private-equity company, reported a third-quarter profitof $275.3 million as it began generating fees from sellingassets and finding acquisition targets.

  • ING to Launch Rights Issue, Split Off Insurance Unit

    Oct 26th, 2009 - Wall Street Journal

    AMSTERDAM -- Financial-services firm ING Groep NV said Monday it plans to launch a €7.5 billion ($11.25 billion) rights issue, becoming the third Dutch financial...

  • Dollar rises on short covering, sterling suffers

    Sep 21st, 2009 - Reuters

    LONDON (Reuters) - The dollar rose broadly on Monday, extending its pullback from a one-year low against the euro as traders continued to trim short positions in the U.S...

  • SEC, BofA plead for Merrill bonus settlement

    Aug 24th, 2009 - CNNMoney

    * SEC says bank would lose lawsuit, but settlement fair * Bank says Merrill's award of bonuses widely expected * Shares fall 0.6 percent (Recasts to incorporate SEC filing; adds comment) NEW YORK (Reuters) - Bank of America Corpand the top U.S...

  • Fed to Add Older CMBS to TALF in July, Allow More Ratings Firms

    May 19th, 2009 - Bloomberg

    May 19 (Bloomberg) -- The Federal Reserve will includelegacy assets for the first time in a $1 trillion program torevive credit markets, expanding the effort to commercial realestate securities issued before the start of this year.

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