MOUs news from FierceFinance

The Fed, OCC and Federal Deposit Insurance Corporation are on track to issue about 600 secret MOUs to banks this year. That compares with 399 such agreements issued last year. These secret agreements... Read more...

Lehman Brothers was bullish on hedge funds not too long ago. It amassed minority stakes in several big-name fund firms, notably DE Shaw, GLG and Ospraie, notes the Financial Times. Recall Lehman took... Read more...