John Gallagher News
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Marsico Capital Management LLC, the asset manager led by Thomas Marsico, reduced its debt by more than half through a restructuring that cut management’s equity ownership to less than 40 percent, said three people familiar with the deal.
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The U.K. asked China to investigate the November death of a British citizen in Chongqing, the southern city that was run by Politburo member Bo Xilai until his ouster earlier this month.
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On a Sunday morning in October, Simon Kelly sat in the breakfast room of Dublin’s Morrison Hotel, looking eager to chat. Simon, 38, and his father, Paddy Kelly, 66, were once among Ireland’s most audacious real estate developers. During the boom years, they borrowed about 700 million euros ($950 million) from Anglo Irish Bank Corp. to buy golf resorts and build hotels.
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Morgan Stanley hired Eric Heaton, Deutsche Bank AG’s head of investment banking for financial services companies in the Americas, according to a person familiar with the matter.
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Derided by Vanity Fair as “the Jay Leno of news anchors,” Jeff Daniels’s charm-challenged news anchor Will McElvoy is tired of playing it safe and dumbing it down.
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American Airlines told a judge it must void labor agreements to emerge successfully from bankruptcy as workers protested the planned cuts and backed a takeover by US Airways Group Inc.
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Attorney Lynn Szymoniak had spent a career investigating insurance fraud when a bank moved to foreclose on her Florida home in 2008. Almost four years later, the fraud she said she uncovered by combing through mortgage documents earned her $18 million.
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Deutsche Bank AG, Germany’s largest lender, named Prem Parameswaran to lead media and telecom investment-banking coverage in the Americas.
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China’s Communist Party moved to show unity after suspending Bo Xilai from the ruling Politburo and declaring his wife a murder suspect, ordering the nation’s more than 80 million party members to back the decision.
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Morgan Stanley hired Michael V. Johnson , a Deutsche Bank AG investment banker, to advise oil and gas exploration and production companies, a person briefed on the plans said.
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