Financial Services News

Financial Services Industry News and Information

January 14th, 2007

Performance Philanthropy


Forbes – We’re a philanthropic investment bank.” Here’s how it works: Geneva Global is the and community programs, much in the same way that investment firms like JPMorgan Geneva Global was started in 1999 by a group of very wealthy private investors who

M&A: An Irresistible Urge To Merge
BusinessWeek – Companies awash in cash and blessed with a benevolent economy, along with private Michaud, president of investment bank Keefe, Bruyette & Woods ( KBW ). The likely JPMorgan Chase ( JPM ), Citigroup ( C ), and HSBC ( HBC ) could swoop in on such prey as

JPM near to hiring Cutler as legal officer -report
Reuters – the people, who declined to be named ahead of a statement from the third-biggest U.S. bank. Cutler stepped down from his position at the SEC last year to take up private practice after heading the enforcement unit since October 2001. JPMorgan was

Griffon Corporation Announces $175 Million Credit Agreement
PR Newswire – GFF) , today announced the signing of a five year $175 million revolving credit facility with JPMorgan Securities, as lead arranger, Bank of Safe Harbor” Statement under the Private Securities Litigation Reform Act of 1995: All statements other

Business news in brief
Philadelphia Inquirer – Beijing Med-Pharm raises $15 million in private sale Beijing Med-Pharm Corp., of The Fed Bank of Philadelphia’s general economic index fell more than expected to are expected to match over the next several days,” said Jamie Baker, a JPMorgan

Private investors ready to buy up to 72% stake in Delphi
Philadelphia Inquirer – Private investors ready to buy up to 72% stake in Delphi By Tom Krisher Associated Press DETROIT – A group of private Separately, Delphi accepted a proposal from JPMorgan Chase Bank N.A. and a group of lenders to refinance the company’s existing $2

Twists & Turns Pay Off
HispanicBusiness.com – Pricing power usually increases after a disaster,” says Anthony Chan, chief economist for JPMorgan Private Client Services. After 90 days of no collection, a bank would rather get rid of that debt so it doesn’t have to increase its loan loss

January 14th, 2007

January 14th, 2007

Gunmen rob bank truck

January 14th, 2007

Iran Leader Courts Latin America Allies

January 14th, 2007

Freddie Mac Prices New $4 Billion Two-Year and $3

January 14th, 2007

January 14th, 2007

Net Gains

January 14th, 2007

Reports: BAE, Carlyle Plan Dockyard Bid

January 14th, 2007

Paris shares up, off highs late afternoon as Wall St falters; EDF

January 14th, 2007