Larry Leibowitz, who was the chief operating officer at the New York Stock Exchange’s parent, plans to leave IntercontinentalExchange Group Inc. by the end of 2013 now that the takeover of the company is complete, according to two people with knowledge of his plans.
A Credit Suisse Group AG unit and four of its former executives, including technology investment banker Frank Quattrone, won dismissal of a lawsuit alleging they deceived investors into buying AOL Time Warner stock.
UBS AG, Switzerland’s biggest bank, sought immunity from prosecution by Canadian regulators probing a potential conspiracy to rig the price of derivatives globally, three people with knowledge of the inquiry said.
New York City’s $140 billion retirement system pays Wall Street money managers about $360 million a year, the only one of the 11 biggest U.S. public- worker pensions that refuses to manage any assets internally. Larry Schloss, the city’s chief investment officer, says the practice must end.
Credit Suisse First Boston and Deutsche Bank want the Ukrainian state-owned phone company VAT Ukrtelecom to pay back a $222 million loan early because of a planned change in ownership, Interfax-Ukraine reported, citing documents it obtained.