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.C. Flowers & Co. the U.S. leveraged buyout firm, is in talks with Kent Reliance Building Society to create a joint company which will seek to acquire other customer-owned lenders in the U.K., said two people with knowledge of the situation.
J.C. Flowers & Co. LLC, a U.S. leveraged buyout firm, plans to inject 50 million pounds ($79 million) into Kent Reliance Building Society as part of a plan to acquire more customer-owned lenders in the U.K.