1 min read · 22 June 2009
NEW YORK (Reuters) - Goldman Sachs Group Inc is on pace to make record bonus payouts after a robust first half, the Guardian newspaper reported on Sunday. Goldman staff in London were briefed on the outlook and told they could look forward to the bonus hikes if the company registers its most profitable year ever, the report said. The surge in projected profit can be attributed to a lack of competition and increased revenue from trading foreign currency, bonds and fixed-income products, the newspaper said, citing insiders at the firm.
1 min read · 22 June 2009
1 min read · 22 June 2009
Kevin Scheetz has joined Moelis & Co. as a managing director in the firm's technology practice. He previously was head of semiconductor and electronics I-banking for Merrill Lynch.
2 min read · 22 June 2009
3 min read · 22 June 2009
1 min read · 22 June 2009
NeuroTherm, a Wilmington, Mass.-based medical device maker focused on interventional pain, has acquired Micron Catheter, whose product is used in an interventional pain procedure used to remove scar tissue. NeuroTherm is a portfolio company of The Cortec Group.
2 min read · 22 June 2009
Josh Lerner, the Jacob H. Schiff Professor of Investment Banking at Harvard Business School, has joined PE consultantcy Grove Street Advisors as a senior advisor.
3 min read · 22 June 2009
Dieter Rampl, chairman of Unicredit Group, has been named an independent director of KKR Private Equity Investors LP, an Amsterdam-listed affiliate of mega-buyout firm KKR.
2 min read · 22 June 2009
1 min read · 22 June 2009
