Magnus Bocker has cost Singapore Exchange Ltd.’s shareholders $ 1.5 billion with his gambit to buy Australia’s ASX Ltd. Putting his own bourse up for sale may be the fastest way to recoup those losses.
BusinessWeek.com — Finance
The Pimco Bravo fund will buy troubled commercial and residential mortgages, and may invest directly in banks
BusinessWeek.com — Finance
Bessemer Venture Partners, a century-old investment firm in Larchmont, New York, is aiming to raise as much as $ 1.5 billion for a fund to back technology startups, said two people familiar with knowledge of the deal.
BusinessWeek.com — Finance
Facebook Inc., owner of the world’s most popular social-networking site, raised $ 1.5 billion in a financing round led by Goldman Sachs Group Inc., less than the $ 2 billion it could have received.
BusinessWeek.com — Finance
Hancock Holding Co. agreed to buy Whitney Holding Corp., the New Orleans-based bank that lends to the oil and gas industries, in a stock swap initially valued at $ 1.5 billion to expand in the U.S. South.
BusinessWeek.com — Finance
Hancock Holding Co. agreed to buy Whitney Holding Corp., the New Orleans-based lender to the oil and gas industries, for $ 1.5 billion to expand in the U.S. South.
BusinessWeek.com — Finance
Chongqing Rural Commercial Bank Co. fell on the first day of trading in Hong Kong, after raising HK$ 11.5 billion ($ 1.48 billion) in the city’s fifth-largest initial public offering this year.
BusinessWeek.com — Finance
Chongqing Rural Commercial Bank Co. climbed on its debut in Hong Kong after raising HK$ 11.5 billion ($ 1.48 billion) in the city’s fifth-largest initial public offering this year.
BusinessWeek.com — Finance
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