Media Room

KKR boosted by recovering equity markets

Wed, 23 Feb 2011 14:50:01 +0000

Buy-out firm KKR reported a 39 percent gain in earnings for its fourth quarter to $714.6m, helped in part by strong stock and credit markets

Justice founders start acquisitions search

Wed, 23 Feb 2011 02:33:56 +0000

Bill Ackman, Nicolas Berggruen and Martin Franklin, who founded the UK cash shell, say the timing of its float coincides with improved market conditions for dealmaking

Morgan Stanley hires former US congressman

Wed, 23 Feb 2011 00:49:09 +0000

Morgan Stanley has hired former US congressman Harold Ford Jr. to help advise clients of its investment-banking and investment-management divisions

FSA fines Deutsche Bank mortgage division

Tue, 22 Feb 2011 22:25:11 +0000

The lending arm of the German banking group is fined £840,000 by the UK regulator and ordered to pay customers £1.5m for 'irresponsible lending practices'