KKR (NYSE:KKR) Teams Up with Pfeffer Capital and CP Realty to Develop Housing...
KKR & Co LP (NYSE:KKR), the buyout company that started a real estate division previous year, aims to invest almost $150 million with two partners to develop housing in Williston, North Dakota, to...
View ArticleGoldman Sachs (NYSE:GS) Promotes 70 Employees to Join its Partnership – JPM,...
Goldman Sachs Group, Inc (NYSE:GS) picked 70 employees to join its self-styled partnership, the least in the bank’s 13 years history as a public corporation, as slow revenue expansion pressures...
View ArticleBlackstone (NYSE:BX) May Sign $353.7 Million Deal to Acquire Top Ryde – CG,...
The Blackstone Group LP (NYSE:BX) will acquire Australian shopping center Top Ryde in Sydney for 341 million Australian dollars or US$353.7 million, according to a person with knowledge about the...
View ArticleJP Morgan Chase &Co’s (NYSE:JPM) Allowed to Sell Texas Unit – JPM, BCS, C,...
On Wednesday, a federal controller’s order punishing JP Morgan Chase &Co’s (NYSE:JPM)energy trading wing would not weigh over the unit’s business activity in the Texas wholesale power market, state...
View ArticleAmerican International Group Inc. (NYSE:AIG) Ok’s Selling Remaining Stake to...
American International Group Inc. (NYSE:AIG) would sell its interest in Asian life insurer AIA Group Ltd. , generating almost US$6.5 billion in what could be the second-biggest selling contract in Asia...
View ArticleDuff & Phelps (NYSE:DUF) Agrees to $15.55 Takeover Offer by Private Investor...
Duff & Phelps Corp (NYSE:DUF), based in New York, agreed to be acquired by a private investor group consisting of entities or funds managed by private-equity company Carlyle Group LP (NASDAQ:CG),...
View ArticleDeutsche Bank (NYSE:DB) Co-CEO JuergenFitschen Favors Pan-European Banks –...
Co-chief executive officer of Deutsche Bank AG (USA) (NYSE:DB) JuergenFitschen reported in an interview to German daily Boersen-Zeitung published on Tuesday that the creation of pan-European banks is...
View ArticleNewcastle Investment (NYSE:NCT) Reports Spin Off Plan; Acquires Stake in...
Newcastle Investment Corp (NYSE:NCT) reported on Monday that it has decided to purchase an interest in Excess Mortgage Servicing Rights. The company announced total unpaid principal balance of the...
View ArticleGoldman Sachs Group (NYSE:GS) Fiscal Fourth Quarter Results Tops Analysts...
The New York-based Goldman Sachs Group, Inc (NYSE:GS) reported on Wednesday a profit hiked to around tripled as gains in the value of the company’s own investments contributed to the primary year of...
View ArticleNorthern Trust (NASDAQ:NTRS) Fiscal Q4 Profit and Revenue Misses Forecasts –...
Northern Trust Corporation (NASDAQ:NTRS) announced that profit for the fiscal Q4 moved up but failed to meet Wall Street forecasts because of much lesser foreign-exchange trading income. Chicago,...
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