HSBC news from FierceFinance
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Could anyone buy Lehman Brothers right now?
The news that Lehman Brothers CEO Dick Fuld is considering a leveraged buyout highlights to some just how unattractive the firm has become to potential buyers right Read more...
HSBC takes a green step into the heartland
HSBC's new building in Mettewa, Ill., just outside of Chicago, will have a lot to offer employees--a health club, lux auditorium, a nondenominational prayer room, and lots of high-tech features. But Read more...
Lehman Brothers looking for a buyer?
Is there any real hope that Lehman Brothers can make it on its own? Fewer people seem to think so. CNBC reports that insiders at the firm ant a to sell the company Read more...
SPOTLIGHT: E*Trade to sell stake in Indian firm
E*Trade expects a pre-tax gain of up to $30 million from its deal to sell its stake in the India-based IL&FS Investsmart for $145 million for the company to HSBC. Read more...
ALSO NOTED: Citigroup may sell Japanese consumer finance unit; Morgan Stanley closes infrastructure fund; and much more...
Company News:> Morgan Stanley closes infrastructure fund. Article > More on Read more...
ALSO NOTED: Countrywide posts surprising, massive loss; Analysts upgrade Wachovia;and much more...
Company News: > HSBC, Lone Star extends deal date. Article > S&P credit markets hits McGraw-Hill earnings. Read more...
ALSO NOTED: Goldman Sachs shuts down AQR fund; UBS rejects call to spin of wealth management unit; and much more...
Company News: > UBS rejects call to spin of wealth management unit. Article Read more...
ALSO NOTED: S&P: Merrill Lynch most at risk of downgrade; More on Moody's structured products revenue drop; and much more...
Company News:> More on Moody's structured products revenue drop. Article> S&P: Merrill Lynch most at risk Read more...
M-LEC already irrelevant?
The New York Times all but calls the M-LEC irrelevant, noting that the fund may not raise as much as was originally planned amid calls that it is simply not necessary. The goal originally by Read more...