LOS ANGELES (AP) — Stanford Kurland spent nearly three decades helping build Countrywide Financial Corp. into the nation’s largest mortgage lender.Now, the former president of the troubled company and several key colleagues hope to cash in as the housing market collapses.Kurland, 55, will serve as chairman and chief executive officer of a new company [...]
BOSTON (AP) — Harvard University has turned to a manager with a track record of success directing the assets of educational institutions, including Harvard itself, to oversee its nearly $35 billion endowment.Jane Mendillo on Thursday was named the new president and chief executive officer of Harvard Management Co., the university’s wholly owned and quasi-independent investment [...]
NEW YORK (CNNMoney.com) — Eli Lilly %26amp; Co.’s incoming chief executive believes his background in the laboratory provides the formula needed to fill the drugmaker’s dwindling pipeline.The sweet spot for me, in terms of knowledge of this business, is drug development, Dr. John Lechleiter said in a phone interview with CNNMoney.com.Lechleiter is currently Lilly’s chief [...]
Filing Date: The application was filed on November 2, 2007 and amended and restated on March 14, 2008.
Hearing or Notification of Hearing: An order granting the application will be issued unless the Commission orders a hearing. Interested persons may request a hearing by writing to the Secretary of the Commission and serving Applicants with a [...]
With operations on an international scale, this hugely successful investment management firm have an opening in their London office for a French speaking PA to support one of their investment analyst teams.
Founded in 2004 by executives with experience from both investment banking and hedge fund sectors, this firm is led by some of the most [...]
Fortis Agrees to Sell 50% Stake in Unit to Ping An
By Cathy Chan and Martijn van der Starre
March 19 (Bloomberg) — Fortis, Belgiums biggest financial-
services company, agreed to sell half of its asset-management
unit to Ping An Insurance (Group) Co. for [...]
Ping An to Buy Stake in Fortis Unit for $3.4 Billion
By Cathy Chan and Martijn van der Starre
March 19 (Bloomberg) — Ping An Insurance (Group) Co.,
Chinas second-biggest insurer, agreed to buy half of Fortiss
asset-management unit for 2.15 billion euros ($3.4 [...]
China Mobile Fourth-Quarter Profit Rises on User Gain (Update3)
By Janet Ong
March 19 (Bloomberg) — China Mobile Ltd., the phone carrier
with more users than the U.S. population, increased fourth-quarter
profit 37 percent, beating analysts estimates, after the company
added record subscribers by cutting [...]
Stocks Advance in Europe, Asia; UBS, National Australia Gain
By Sarah Thompson
March 19 (Bloomberg) — Stocks rose in Europe and Asia for a
second day as the Federal Reserves cut in interest rates helped
bolster speculation banks will weather the credit-market turmoil
and China [...]
U.K. Regulators Investigate `False Rumors on Stocks (Update4)
By Joyce Moullakis
March 19 (Bloomberg) — U.K. regulators are investigating
whether traders have been trying to manipulate financial company
stocks by spreading “false rumors.
“We will not tolerate market [...]
