Tag Archives: DealBook

DealBook – From Benghazi To The Boardroom: The Road To The $7 Billion Citigroup Settlement – 14 July 2014

DealBook

By , and

Updated, 8:23 p.m. | The stage was set for another public shaming of a Wall Street bank.

QUOTE: The Justice Department flew in a prosecutor from Colorado and planned for a news conference in Washington to announce a lawsuit against Citigroup over mortgage securities that had imploded during the financial crisis.

Read the full story at: www.dealbook.nytimes.com / link to original article

DealBook – Prosecutors Seek Sentence Of At Least 8 Years For Martoma In Insider Trading Case – 28 June 2014

DealBook

By MATTHEW GOLDSTEIN

Federal prosecutors are recommending that Mathew Martoma, a former trader who worked for the billionaire investor Steven A. Cohen, be sentenced next month to at least eight years in prison for insider trading, if not significantly more.

Read the full story at: www.dealbook.nytimes.com /link to original article

DealBook – Soros Dabbles In Shareholder Activism – 28 June 2014

DealBook

By CHRISTOPHER SWANN

Is George Soros turning activist? His $29 billion hedge fund has famously confronted governments. But facing off with a $1 billion United States oil and gas company is novel. The move gives underperforming corporate bosses another scourge to fear.

Read the full story at: www.dealbook.nytimes.com / link to original article

DealBook – R.B.S. Chairman Says High Banker Pay Contributed To Financial Crisis – 25 June 2014

DealBook

By Chad Bray

EDINBURGH – Like its rivals in Britain, the Royal Bank of Scotland has been unable to escape criticism from shareholders over the amount of compensation that bankers are paid.

Read the full story at: www.dealbook.nytimes.com / link to original article

DealBook – HSBC To Sell Some Swiss Private Bank Assets To Liechtenstein Group – 24 June 2014

DealBook

By CHAD BRAY

LONDON – The British bank HSBC said on Tuesday that it had agreed to sell a portfolio of Swiss private banking assets to a unit of the LGT Group Foundation of Liechtenstein.

Read the full story at: www.dealbook.nytimes.com / link to original article

DealBook – SAC Capital’s Deal With S.E.C. Gets Final Court Approval – 19 June 2014

DealBook

DealBook – S.E.C. Fines Firm Over Whistle-Blower Retaliation – 16 June 2014

DealBook

By ALEXANDRA STEVENSON

The Securities and Exchange Commission has sounded a warning to Wall Street and corporate America, taking aim at a hedge fund not only for improper trading but for punishing the employee who blew the whistle on the wrongdoing.

Read the full story at: www.dealbook.nytimes.com / link to original article