partnership news from FierceFinance

And so a new era begins at Bear Stearns. I see this as a somewhat sentimental transition: Jimmy Cayne was one of the Grand Old Men of Wall Street, as was Ace Greenberg, his mentor. They really ran Read more...

The private equity industry is certainly mobilizing. Their footprint is being felt in Washington, as evidenced by Read more...

A week earlier than expected, Blackstone will price its IPO--probably on Thursday. It will Read more...

Merrill Lynch is pursuing more customers from underbanked areas via a new partnership with Carver Federal Savings Bank. Carver branches in Harlem and Fort Greene, Brooklyn will house Merrill Read more...

Good news for the New York Stock Exchange: Deutsche Bourse apparently has given up on its attempts to merge with Euronext. That seems to leave the field open for the Read more...

Rick Sherlund made quite a name for himself covering Microsoft. He's considered one of the very best and among the most influential software analysts working. He saw the industry through some of Read more...

Goldman Sachs is of course no longer a partnership. But it certainly has striven to retain the feel of its bygone days. It has just announced 115 new "partner managing directors," who are entitled Read more...

People had been expecting another international deal by Citigroup. In a $3 billion transaction, Citigroup will buy a 20 percent stake in Akbank, a top Turkish bank. The deal gives Citigroup one Read more...

Hedge funds are increasingly getting into the movie business. Joel Silver, of The Matrix fame, has struck a deal with a consortium that will make him the owner of all films the partnership Read more...

John Weinberg, an iconic Goldman Sachs banker who ran the firm for more then a decade, has passed away. He was 81. Apparently, he suffered some complications from a fall about two weeks ago. He is Read more...