William Tanona News
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William Tanona, an analyst who specializes in U.S. brokerage stocks, is leaving UBS AG after less than a year to work for Fortress Investment Group LLC’s corporate credit group.
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Bank of America Corp.’s most richly compensated executive, Thomas K. Montag, may become a future candidate for the top job after a shakeup elevated him to co- chief operating officer at the money-losing lender.
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Bank of America Corp., seeking to snap this year’s stock plunge, will pay billionaire Warren Buffett $300 million annually to do what he did for Goldman Sachs Group Inc. during the credit crisis: bolster confidence.
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U.S. prosecutors won a victory in their crackdown on offshore tax evasion when a federal appeals court said a former UBS AG client must turn over his bank records to a U.S. grand jury.
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Michael Ovitz, the former Hollywood agent whose company was said to have created enemies “the way a hurricane produces raindrops,” first met Gary Cohn over lunch at Goldman Sachs Group Inc.’s headquarters in June 2009.
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Goldman Sachs Group Inc. Chief Executive Officer Lloyd C. Blankfein and other employees hired attorneys this year when the U.S. began a probe of matters raised by the Senate’s Permanent Subcommittee on Investigations.
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Bank analyst William Tanona has left Collins Stewart Inc., said Kevin Hornish, a spokesman for the firm. Todd Hagerman will assume coverage from Tanona, who was based in New York, Hornish said. He declined to comment further.
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Goldman Sachs Group Inc. , accused of misleading clients by a U.S. Senate inquiry, is likely to make management changes in the “near-term,” said William Tanona , an analyst at UBS AG.
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The Conference Board, a New York-based organization, is scheduled to release its leading economic indicator for China today.
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