Latest Life Assurance News ...

Network confusion links Facebook and Nasdaq

Preston Duncan — Fri, 18 May 2012 23:40:48 +0000

The reputation of both the social network and the stock exchange could be damaged by the glitch which held up opening trades in Facebook’s stock

JPMorgan returns $168m to MF trustee

Preston Duncan — Fri, 18 May 2012 22:11:32 +0000

The money is not part of the more than $1bn in missing customer cash that has been missing since the broker-dealer filed for bankruptcy in October

Gupta trial: the key characters

Preston Duncan — Fri, 18 May 2012 20:41:11 +0000

The key characters involved in the insider trading case against Rajat Gupta

Banks poised to seize YPF stake

Preston Duncan — Fri, 18 May 2012 05:11:59 +0000

Petersen Energía has defaulted on a loan from Credit Suisse, Goldman Sachs, BNP Paribas and Itaú that was used to fund its purchase of YPF shares

Buffett on list of Gupta trial witnesses

Preston Duncan — Thu, 17 May 2012 23:59:36 +0000

Lloyd Blankfein, Kenneth Chenault, Meg Whitman, Meredith Whitney and Deepak Chopra among the other leading names on lists submitted ahead of the insider trading trial

Ex-UKFI chief Cooksey joins hedge fund

Preston Duncan — Thu, 17 May 2012 23:10:28 +0000

Sir David will sit on advisory board of Strategic Value Partners, which manages $4bn of assets and focuses on acquiring struggling companies’ debts

UAE’s first sukuk restructuring forecast

Preston Duncan — Wed, 16 May 2012 12:43:58 +0000

Yield on Dana Gas’s $920m Islamic bond soars as investors express concern over Sharjah-based energy company’s ability to repay the debt

Carlyle earnings hit by weak investment profits

Preston Duncan — Tue, 15 May 2012 23:17:41 +0000

The private equity firm reported distributable earnings down by more than a third in its first set of quarterly earnings as a public company

DoJ probes $2bn JPMorgan trading loss

Preston Duncan — Tue, 15 May 2012 20:07:34 +0000

The Justice Department has opened a preliminary investigation into the $2bn in trading losses suffered by JPMorgan Chase

Moody’s cuts ratings for 26 Italian banks

Preston Duncan — Mon, 14 May 2012 23:22:12 +0000

The move reflects a combination of adverse conditions, asset quality deterioration, as well as restricted access to market funding, the rating agency said