Hugo Boss is reportedly eyeing space at 1 World Trade Center, Stropic is said to be developing a North Dakota real estate project, and Jane Street Capital may move to Brookfield Place.
Technical excellence is the cornerstone of any legal career — inside or outside. But if you go in-house, a greater premium will be placed on business savvy, management and leadership than was likely placed on you as an associate at a law firm. If those ideas do not excite you — don’t jump, says Susan Blount, executive vice president and general counsel at Prudential Financial Inc.
The Florida Bar on Monday asked the state's highest court for an emergency suspension of an attorney accused of helping run a $21 million scheme through investment company Commodities Online LLC, after he failed to appear at his hearing.
K&L Gates LLP said on Tuesday it has bolstered its financial services practice area in its Boston and Pittsburgh offices with the addition of an ex-Reed Smith LLP attorney who has expertise in international investment management and private equity.
The leader of the House Financial Services committee reiterated demands for a moratorium on further designations of "systemically important financial institutions" at a hearing Tuesday, while a Gibson Dunn partner and other experts assailed regulators' decision to label Prudential Financial Inc. a SIFI.
Italian investor Andrea Bonomi's Strategic Holdings SARL fund has raised its Club Mediterranee holdings to over 10 percent, becoming a top shareholder, according to the resort company's Tuesday filing with French securities regulators.
The D.C. Circuit on Tuesday upheld Carlyle Capital Corp.'s victory over a consolidated class of shareholders who accused the fund of misleading investors about its financial condition, finding that Carlyle had adequately warned them about the risks and volatility of its residential mortgage-backed securities.
Former U.S. Secretary of Transportation Ray LaHood has joined global public infrastructure investor Merdiam as a senior adviser for strategic guidance, the firm announced on Tuesday.
Treasury Wine Estates Ltd. rejected an April buyout offer by KKR & Co. LP on Tuesday that valued the Aussie vintner at about $3 billion, according to a published statement.
Exactly one week after confirming rumors that it was considering looking into buying Russell Investments, the London Stock Exchange Group PLC said on Tuesday that it has entered exclusive talks with Northwestern Mutual Life Insurance Co. to acquire the unit.
British fund manager Schroders PLC, a substantial minority shareholder in AstraZeneca PLC, on Tuesday urged the company to reconsider a sweetened £69.4 billion ($118 billion) takeover bid from Pfizer Inc. that it rejected earlier in the week to effectively douse prospects for a blockbuster tie-up.
U.S. Securities and Exchange Commissioner Kara M. Stein indicated Monday that the SEC may take a closer look at the roles lawyers play both in U.S. markets and in deterring corporate fraud, saying she was struck by their usual absence from enforcement cases brought by the commission.
An AXA Equitable Life Insurance Co. annuity policyholder filed a proposed class action against the company in New York federal court last week alleging a failure to adequately report changes in some retirement income contracts.
The Supreme Court of New Jersey last week disbarred Matthew Marino, brother of former Bayou Group LLC executive Daniel Marino, consummating a years-long suspension following Marino’s conviction for helping Bayou conceal its $500 million Ponzi scheme.
A New York federal judge on Friday put to bed a $15.5 million suit alleging Galt Global Capital Inc. stiffed Antares Management LLC and its founder on work performed soliciting social media investments, saying that the deals couldn't be compensated because none were ever consummated.
Credit Suisse AG on Monday agreed to plead guilty and pay $2.6 billion in a settlement with the U.S. Department of Justice and federal and New York state financial regulators over allegations that it helped American citizens evade taxes.
A U.S. Department of the Treasury official on Monday tried to allay fears that U.S. financial regulators were set on tightening oversight of asset management firms, saying the government may decide to forgo stricter regulations — including designating major firms as systemically important financial institutions — depending on the results of an ongoing study.
Former MF Global Inc. executives including Jon Corzine on Monday received court approval to access an additional $10 million in insurance proceeds to defend themselves against litigation related to the brokerage’s collapse, despite the judge’s annoyance at the “staggering” amount that has already been spent.
The U.S. Securities and Exchange Commission's leader said Monday that the agency will ramp up its use of a federal law that allows it to target “controlling persons” after a recent U.S. Supreme Court ruling undercut the scope of a better known anti-securities fraud statute.
The head of the Financial Industry Regulatory Authority on Monday said his organization is revamping its plan to collect vast pools of risk data from firms after a concept proposal was met by industry complaints of being unaffordable and unworkable.