Michael Duvally News
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Goldman Sachs Group Inc., the fifth- biggest U.S. bank by assets, agreed to buy Ariel Holdings Ltd.’s Bermuda-based insurance and reinsurance businesses to expand property and casualty coverage.
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The futures industry is recommending more rigorous reporting and internal controls for brokerages as $1.6 billion of customer money is still unaccounted for after the bankruptcy of MF Global Holdings Ltd.
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A U.S. investigation of possible insider-trading by Goldman Sachs Group Inc. employees expanded to include a managing director whose name emerged at the trial of convicted hedge fund manager Raj Rajaratnam, a person with knowledge of the probe said.
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A U.S. investigation of possible insider-trading by Goldman Sachs Group Inc. employees expanded to include a managing director whose name emerged at the trial of convicted hedge fund manager Raj Rajaratnam, a person with knowledge of the probe said.
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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.
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Morgan Stanley increased its use of historical cost accounting for corporate loan commitments, joining Goldman Sachs Group Inc. in moving away from the mark- to-market approach the firms had earlier used.
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The investigation of a Goldman Sachs Group Inc. analyst shows U.S. officials have intensified their focus on banks and Taiwan in a multiyear insider-trading probe that has implicated hedge funds, technology company employees and consultants, a person familiar with the matter said.
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Goldman Sachs Group Inc. named David “Dusty” Philip co-head of investment banking for industrial companies as George Mattson, who ran or co-ran the group since 2002, prepares to retire.
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A gray-haired woman picking a flower with a young girl adorns the cover of an HSBC Holdings Plc brochure that promises investors both “the growth of the market” and “the security of FDIC Insurance.”
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NorthStar Realty Finance Corp. is in talks to seize Chicago’s John Hancock Center from owners including Goldman Sachs Group Inc.’s Whitehall real estate unit, according to two people with knowledge of the discussions.
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