Tag:
Euronext
Latest Headlines
Latest Headlines
KKR to go public after all
Kohlberg Kravis Roberts has found a way to go public after all. Recall that its attempt last year was scotched by Blackstone Group 's poor aftermarket performance and a sudden downturn in the credit markets. But the storied private equity firm has announced a deal that calls for it to buy i
U.S. exchanges face tough times
There was once a day when we looked to the price of a seat on an exchange as a barometer of the exchange's health. Indeed, Wall Street's health. That seems like a long time ago. Now, we're more likely to simply check out the stock price. Unfortunately, NYSE Euronext and Nasdaq OMX have been tankin
NYSE slashes job again
It's no secret that NYSE Euronext is looking to pare costs. Financial News Online reports that the global exchange firm has offered 450 of its 1,800 employees in New York buyout packages. That follows some previous job reductions that pushed the head count to 3,200--down from roughly 3,700
John Thain was the man everyone wanted
John Thain was a man in heavy demand. While the jury is out on whether the NYSE will emerge as the unquestioned world exchange leader, he was seen as decisive and shrewd, especially for his deals with Euronext and Archipelago. So when Merrill Lynch and Citigroup needed new CEOs, his name kept cro
Will John Thain become CEO of Citigroup?
The Financial Times reports that Robert Rubin is telling people that the next CEO of Citigroup will have a free hand when it comes to setting Citigroup's strategy. Rubin had previously indicated that the board supported the old Charles Prince strategy--something that infuriated shareholders.
ALSO NOTED: Primer on SIVs; More on Citigroup's plans for research unit; and much more...
Company News: > More on Citigroup's plans for research unit. Article > Countrywide to work with activists. Article > Moody's cut Merrill's ratings. Article > Fitch also downgrades Merrill. Article | And S&P too. Article > Wachovia shares hit new
The global exchange game
The NASDAQ has a lot riding on its bid with Borse Dubai for OMX. After the London Stock Exchange blow up , it needs a deal to work out. It just raised its offer for OMX, and it looks like a decent deal for shareholders. So this really ups the stakes in the global exchange game. This is a p
C&L: Executive Moves
John Andrews joins Citadel from Goldman Sachs as managing director
Permal Group hires Glyn Clark from Goldman Sachs
David Marchick joins Carlyle Group as lobbyist
Mark Woodward joins Blackstone Group as senior advisor
Bank of America taps Willi
ALSO NOTED: Goldman Sachs advising firm that pulled out of IPO; Young adults pay a lot of bank fees; and much more...
Company News: > Goldman Sachs advising firm that pulled out of IPO. Article > NASDAQ exec exercises options. Article > JP Morgan boosts estimates for NYSE Euronext. Article > Things looking good for Lehman? Article > Morgan loan unit under fire from com
ALSO NOTED: Top Wall Street banks trading at huge P-B discounts; NYSE Euronext still focused on integration; and much more...
Company News: > HSBC targeting wealthy in Japan with new branches. Article > Activist investor targeting HSBC. Article > National City to also pare jobs in mortgage unit. Article > NYSE Euronext still focused on integration. Article > Bank of America, Chi
