The US banking regulator scaled back its proposed rules, easing certain requirements that had attracted industry criticism including Tier 1 leverage ratios.
4 min read · 05 January 2013
The UK’s high court took a conservative approach to valuing the struggling company, which will wipe out the junior lenders and equity holders.
3 min read · 05 January 2013
TPG is the first private equity firm to merge its portfolio companies into Blackstone’s new healthcare purchasing consortium, Equity Healthcare.
2 min read · 05 January 2013
US legislators want regulators to determine if certain structures encourage undue risk taking at finanical firms with more than $1bn in assets.
3 min read · 05 January 2013
Today the US House of Representatives voted to pass bill that will give the SEC and the Federal Reserve the power to regulate compensation at financial institutions with more than $1 billion in assets.
3 min read · 05 January 2013
The outcome of Huntsman's lawsuit against Credit Suisse and Deutsche Bank could cause lenders and private equity sponsors alike to be choosier about closing conditions, writes Jennifer Harris.
2 min read · 05 January 2013
US private equity firm Northern Lights Ventures shows how even smaller firms can get into the financial institutions game with a little creativity, writes Jennifer Harris.
2 min read · 05 January 2013
Distributions were slow and budgets were tight last year, leading to salary freezes for many investor relations professionals.
1 min read · 05 January 2013
The publicly traded buyout firm, which defaulted on $2.3bn of unsecured debt in March, told shareholders a Chapter 11 bankruptcy is unlikely.
2 min read · 05 January 2013
In its third lawsuit in six years, Levine Leichtman has claimed Apollo failed to mark down assets used to collateralise its debt.
2 min read · 05 January 2013
