OneWest Bank FSB, the lender formerly known as IndyMac Bancorp Inc., plans to pay a $1 billion dividend to backers including George Soros and John Paulson ahead of an initial public offering next year, two people with knowledge of the matter said.
J. Christopher Flowers, chairman and chief executive officer of U.S. private-equity firm J.C. Flowers & Co., said Spain and Ireland are his preferred countries for investment in Europe as companies sell units.
Taiwanese banks, once seen as a gateway into China, look more like a trap for private-equity firms including Carlyle Group LP as the mainland market proves elusive and competition at home curbs profits for small lenders.
J. Christopher Flowers, the private- equity investor who installed Jon Corzine as the top executive at MF Global Holdings Ltd., may book a loss of $47.8 million on its investment in the New York-based broker-dealer, which filed for bankruptcy today.
J. Christopher Flowers, the private- equity investor who in September called Europe’s economies “deeply troubling,” said 2012 will be a “good time” to invest in financial companies unless the euro zone splinters.
J. Christopher Flowers, chairman and chief executive officer of private equity firm JC Flowers & Co., said inflation is the best way to cut debt as central banks in the biggest advanced economies push ahead with monetary easing.