Top Goldman Sachs executives are likely to receive their annual bonus in stock this year rather than cash as part of a pay review that could affect thousands of the Wall Street bank's rank-and-file employees.
Potential foreign buyers of a key stake in Taikang Life, a leading Chinese life assurer, are being offered a larger shareholding than previously indicated.
Goldman Sachs , the largest commodities dealer in Wall Street, warned yesterday of higher raw materials prices in 2010, with oil averaging more than $90 a barrel next year.
NEW YORK----The NYSE Euronext Board of Directors today declared a regular quarterly cash dividend of $0.30 per share for the first quarter of 2010. In early 2009, the Board of Directors determined that the $0.30 quarterly regular dividend would be payable through 2009.
Guy Hands is chairman and chief investment officer of Terra Firma, the UK-based private equity group. He started his career as a trader in floating-rate notes at Goldman Sachs in 1982 before moving to Nomura, where he ran the Principal Finance Group, which he later spun out to form Terra Firma in 2002.
This time last year, everyone knew the difference between a banker and a pigeon. But, just 12 months on, it seems some bankers have regained the ability to leave a big deposit on a Ferrari.
Ben Bernanke's confident defence of the Federal Reserve on Thursday yielded little immediate benefit as Chris Dodd, the Senate banking committee chairman, stood firmly behind his plan for the most serious overhaul of the central bank in decades.
CME Group, the world's largest and most diverse derivatives marketplace, today announced the initial group of dealer founding members supporting its credit default swap initiative.
NEW YORK----A cast of music superstars and local New York City talent will perform during the 86th annual NYSE Euronext holiday tree lighting festivities on Thursday, December 10th from 3 p.m. to 6 p.m., with the illumination of the 65 ft. tall and 34 ft. wide Norway Spruce taking place at approximately 4:55 p.m. on Broad Street directly in front of the New York Stock Exchange .
Citi on Thursday tapped two industry veterans to join the leadership of Citi Private Bank. Richard Cookson was named chief investment officer for the unit that serves high-net-worth individuals.
NEW YORK----NYSE Euronext will announce earnings for the fourth-quarter 2009 before the market opens on Tuesday, February 9, 2010. A news release will be issued at approximately 2:30 a.m. / 8:30 a.m. and a conference call with remarks by NYSE Euronext senior management will begin at 8:00 a.m. / 2:00 p.m. .
InfoLogix, Inc. , a leading technology provider of enterprise mobility solutions for the healthcare and commercial industries, having completed a successful restructuring transaction with its senior lender, Hercules Technology Growth Capital, Inc. , today commented on its market position, strategy and plans going forward.
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