Blackstone Group LP, the world’s largest private-equity firm, was asked by the U.S. Securities and Exchange Commission for more detail about how its top executives are paid, as buyout firms continue to confront the scrutiny that comes with public listings.
BusinessWeek.com — Finance
The Federal Reserve’s chief attorney said a two-year delay in identifying recipients of emergency loans from the central bank is appropriate and that a shorter lag may harm the financial system and U.S. economy.
BusinessWeek.com — Finance
The European Central Bank asked the European Union’s General Court to dismiss a lawsuit seeking the disclosure of documents showing how Greece used derivatives to hide loans and triggered the region’s sovereign debt crisis.
BusinessWeek.com — Finance
Every month, traders, investors and money managers like Shi Yu cull rumors about China’s soon-to-be- released economic statistics for what might be the official numbers to try and get an edge in the market.
BusinessWeek.com — Finance
Chancellor of the Exchequer George Osborne announced an agreement by Britain’s biggest banks that they’d pay lower bonuses, drawing criticism from his own party and the opposition that it would have no real effect.
BusinessWeek.com — Finance
The Consumer Financial Protection Bureau said it will soon begin writing and testing a simplified mortgage-disclosure form aimed at making it easier for borrowers to compare deals from different lenders.
BusinessWeek.com — Finance
Goldman Sachs Group Inc. will disclose more financial information and change the way it sells some products, according to a report prepared by a committee of employees created after a U.S. regulator sued the firm for fraud last year.
BusinessWeek.com — Finance
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