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Goldman’s Tax Holiday

British authorities gave Goldman Sachs a good present, essay off $16 million that a investment bank due in behind taxes. U.K. taxation officials, a Guardian reported, pronounced a understanding with Goldman was a “cock-up,” or mistake. Read some-more »

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Banking Industry Revamp Moves Step Closer to Law

Chip Somodevilla/Getty ImagesMartin J. Gruenberg, behaving authority of a Federal Deposit Insurance Corporation, on Tuesday, with Mary L. Schapiro, boss of a Securities and Exchange Commission. Wall Street is fresh for vital changes from a new order that would renovate how a banking attention conducts a trading. The Federal Deposit Insurance Corporation unanimously authorized on [...]

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Ex-Mariner Director Avoids Prison in Insider Case

A former executive of a publicly traded appetite association was condemned on Tuesday yet avoided jail after pleading guilty to tipping off his son that a appetite association was a takeover target. H. Clayton Peterson, a former executive during Mariner Energy and a obvious Denver business executive, was condemned to dual years trial with 3 [...]

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Jim Woolery of JPMorgan Surveys a M.&A. Scene

Andrew Harrer/Bloomberg NewsJim Woolery, co-head of North America mergers and acquisitions during JPMorgan Chase. Earlier this year, Jim Woolery left one of a plum authorised jobs in a world, as a partner during Cravath, Swaine Moore, to become a co-head of North America mergers and acquisitions during JPMorgan Chase with Chris Ventresca. At Cravath, Mr. [...]

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Accel in Brazilian E-Commerce Investment

CAMPINAS, Brazil — Accel Partners has invested in elo7, a Brazilian online handicrafts marketplace. The Series A turn — a distance was undisclosed — was a co-investment with Monashees Capital, a $70 million, Sao Paulo-based venture capital organisation focused on early theatre Internet companies. For Accel, a investment comes from its’ $500 million XI Venture [...]

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Wall St. Banks Help Hedge Funds Recruit

John Tlumacki/Boston GlobeMassachusetts’s arch financial regulator, William Galvin, says income managers should divulge a value of services they accept from banks. Wall Street banks mostly exaggerate that they sinecure a best and a brightest. Now, scrambling to accelerate profits, they have turn full-time headhunters for some of their biggest sidestep comment clients, a purpose that [...]

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Amid Protests, Blankfein Cancels College Talk

Chris Kleponis/Agence France-Presse — Getty ImagesLloyd C. Blankfein, arch executive of Goldman Sachs. The students of Barnard College were awaiting to hear from Lloyd C. Blankfein, a arch executive of Goldman Sachs, as partial of a harangue array patrician “Power Talks.” But over a weekend, Mr. Blankfein sensitive a college that he was canceling his [...]

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