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21 Nov

JPMorgan Lands Cazenove in $1.7 Billion Buyout

JPMorgan Chase agreed to buy the half of Cazenove it does not already own in a widely-expected deal that values the 190-year-old British stockbroker at $3.4 billion. ...

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Oak Hill Denies Interest in Playboy

Oak Hill Capital Partners said Wednesday that a media report indicating that it is interested in buying the men's magazine publisher Playboy is untrue. ...

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Goldman Could Have Suffered Big Losses on A.I.G.

Goldman Sachs could have suffered dramatic losses if the federal government had not intervened to prop up American International Group, according to a new government report. ...


Dueling Air Alliances in War of Influence for JAL

Just after Delta Air Lines and its alliance partners offered $1 billion in aid to Japan Airlines on Wednesday, a American Airlines said it would top the proposal, as the world's biggest airlines escalate a war for influence. ...


BofA Chief: A Tough Job With a Big Upside?

Go beyond a short-term view and there may actually be no better job in finance than being in the hot seat at Bank of America, Breakingviews says. ...


Pathology of a Financial Crisis

At bank after bank, the examiners are discovering that state and federal regulators knew lenders were engaging in hazardous business practices but failed to act until it was too late. ...


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