Royal Bank of Canada shouldn’t get a reduction in the damages it must pay for conflicts of interest that tainted ambulance company Rural/Metro Corp.’s sale to Warburg Pincus LLC, a shareholder lawyer said.
Royal Bank of Canada should pay hefty damages for undisclosed conflicts of interest that tainted a $438 million buyout of Rural/Metro Corp. by a private-equity firm, a shareholder lawyer said.
Banco Santander SA agreed to sell half of its custodial businesses in Spain, Mexico and Brazil in the Spanish bank’s latest disposal that will raise capital.
Warburg Pincus LLC, the private- equity firm where former Treasury Secretary Tim Geithner is president, agreed to invest as much as $100 million in executive-compensation database PayScale Inc.
Private-equity firms JC Flowers & Co. and Warburg Pincus LLC are among the bidders for U.K. foreign- exchange provider TTT Moneycorp Ltd., according to four people with knowledge of the matter.
"The best way to serve Germany and indeed western and emerging Europe is from an investment team hub in London, where we have dedicated specialists across our five major investment domains."
- Warburg Pincus on Jul 18, 2014
Warburg’s Janeway Sees Volatility as Tech Transitions (Audio)