Securities

By Adam Tempkin NEW YORK, April 19 (IFR) - A US$100m loan facility made by Deutsche Bank to California-based asset manager Five Ten Capital this week will facilitate the creation of the first-ever REO-to-rental bond because it is backed by actual...

* Gasoline exports to U.S. set to decline sharply * Domestic European demand weakens * New refineries in Middle East threaten European export markets By Ron Bousso LONDON April 19 (Reuters) - Squeezed between shrinking exports to the United States,...

LONDON (Reuters) - A hedge fund set up by alumni from some of the world's biggest computer-driven traders of futures markets has almost doubled assets in recent months, as investors in the sector look to smaller firms to help them ride out tough market...

Bank of America Corp. has reached a record $500 million settlement with investors who claimed they were misled by its Countrywide unit into buying risky mortgage debt. The settlement is the largest to resolve federal class-action litigation over...

Prosecutors filed a criminal charge against disgraced former KPMG partner Scott London, saying he gave a stock-trading friend inside information about his firm's clients in exchange for cash, jewelry and expensive dinners. The criminal case filed...

It's the kind of audacious but small-stakes insider trading that normally wouldn't have merited much attention. Golfing buddies Scott London and Bryan Shaw netted just $1.3 million, a blip in a world where Wall Street kingpins pocket hundreds of...

Federal regulators are investigating whether onetime junk-bond czar Michael Milken violated his lifetime ban from the securities industry, according to a published report. Milken is allowed to manage his own wealth but is barred from running money for...

— Cigna Corp. CEO David M. Cordani had a 68 percent decline in pay last year with compensation totaling $3.97 million, not including $9 million in stock and stock options which have value in the future when the stocks vest and options are exercised,...

Money, money, money. So much money. From places only the most sophisticated financial followers truly understand, not that they always agree. Last year Guggenheim Partners formed a group to buy the Dodgers and spent a record $2.1 billion on the...

What are we to make of the ability of hedge-fund managers and other influential investors to manipulate the market with impunity and make millions of dollars doing it? The question was raised anew on Feb. 16 after news broke that Daniel Loeb of Third...

Its previous two chief executives went to prison on felony convictions. It just reached a settlement with the Securities and Exchange Commission over allegations of securities fraud. Not one of its peers has a worse credit rating. On top of around $8...

The United States Cattlemen's Association (USCA) concluded its first fly-in of 2013 to Washington, D.C. recently. Members representing Virginia, Montana, North Dakota, Maryland, Kansas and Indiana made the trip to D.C. for the week's schedule of meetings....