CFO reported that if the proposed $24.4 billion Dell deal is approved by the company’s shareholders, it will be the biggest leveraged buy-out since the beginning of the financial crisis in 2007. read more

FEB 8, 2013 - 7:30 am

SNL Financial notes in a recent report that publicly traded banks with Texas ratios over 50% have strongly outperformed the rest of the bank group, as many have found their way out of trouble or through mergers and recapitalizations. read more

FEB 6, 2013 - 7:20 am

Reuters reported that Dell is closer to a sale agreement to a buyout syndicate led by founder and chief executive Michael Dell and Silver Lake Partners. The article said the deal could top $24 billion, translating into an equity valuation between $22.6 billion and $24.4 billion. read more

FEB 4, 2013 - 9:45 am

Bloomberg reported that top U.S. bank regulators and lawmakers are pushing for action to limit the risk that the government again winds up financing the rescue of one or more of the nation’s biggest financial institutions. read more

FEB 4, 2013 - 7:30 am

IBM said that the Board of Regents of the Nevada System of Higher Education, on behalf of Desert Research Institute (DRI), recently agreed to finance its IBM technology purchase with IBM Global Financing. read more

JAN 30, 2013 - 7:20 am

CNBC reported that some of JPMorgan Chase’s own traders bet against the very derivative positions that were placed by its chief investment office. read more

JAN 30, 2013 - 7:15 am

Bloomberg reported that Federal Reserve chairman Ben S. Bernanke’s unprecedented bond buying pushed the Fed’s balance sheet to a record $3 trillion. read more

JAN 28, 2013 - 7:00 am

JPMorgan Chase chief executive Jamie Dimon criticized regulators, saying some of the steps taken to reform the banking sector since the financial crisis added more complexity to the system. read more

JAN 25, 2013 - 7:10 am

Bloomberg reported that mortgage revenue at the four largest U.S. lenders is surpassing the costs of faulty home loans and foreclosures from the housing boom as Federal Reserve and government policies help fuel the recovery. read more

JAN 22, 2013 - 7:20 am

JPMorgan said CEO Jamie Dimon "bears ultimate responsibility for the failures" relating to losses by its chief investment office and that his 2012 compensation was cut by more than 50% from the prior year. read more

JAN 17, 2013 - 7:25 am

U.S. banking regulators ordered JPMorgan Chase to tighten controls over the risk of trading losses and comply more closely with measures aimed against money-laundering by bank customers. read more

JAN 15, 2013 - 7:10 am

The Wall Street Journal reported that Deutsche Bank documents show for the first time the scope and manner in which a bank painstakingly constructed a string of trades in the hopes of profiting from small changes in various rates. read more

JAN 11, 2013 - 7:00 am

Bloomberg reported that after saving JPMorgan from the ravages of the London Whale, Andrew Feldstein, who leads BlueMountain Capital, is offering to help other banks unwind their bad derivatives bets. read more

JAN 9, 2013 - 7:25 am

The Newport Board Group, a national business advisory firm of CEOs that serve the middle market, reveals five predictions for 2013 for private companies. read more

JAN 4, 2013 - 7:10 am

The Wall Street Journal said that banks are ending the year largely resigned that their activities will be constrained and monitored more closely by the government as a result of JPMorgan's "London whale" losses. read more

DEC 28, 2012 - 7:20 am