NEW YORK — Frank Quattrone is expected to face a fierce cross-examination today as prosecutors try to save their obstruction-of-justice case against the former star Credit Suisse First Bostonbanker. The momentum in the most-watched Wall Street criminal trial in a […]

LAST Friday at 3.28pm, a company called IPC Advisors, owned by the family of Paul Reichmann, issued a statement announcing its intention to form a consortium to join the bidding contest for troubledproperty group Canary Wharf. The statement caught the […]

WASHINGTON — The Securities and Exchange Commission will propose new rules to prevent mutual fund trading abuses like those that have shaken the fund industry. The SEC will put the proposed rules out for public comment no later than next […]

Investors group to sue Tyson over acquiring IBP From Associated Press, Bloomberg News, Cox News Service and Newsday reports Friday, October 10, 2003 A group of investors has gained class-action status for a suit against Tyson Foods Inc., alleging securities […]

WASHINGTON (AP) — As they investigate a widening scandal in mutual funds, long considered a safe-haven investment, federal securities regulators also will consider new curbs on fund trading toprevent future abuses. Evidence that has surfaced in the Securities and Exchange […]

WASHINGTON – The Securities and Exchange Commission will consider new curbs on mutual fund trading to prevent abuses as it continues to investigate a widening fund scandal, the regulatory agency’shead said Thursday. The surprise announcement by SEC Chairman William Donaldson […]

Speaking in a steady voice and smiling at jurors, former influential banker Frank Quattrone insisted he was not trying to hinder federal probes when he sent a brief e-mail urging employees to destroyfiles. Quattrone took the stand in his own […]

Oct. 10–MUTUALS SCANDAL: NIBBLE BY NIBBLE: People used to tell the story about the payroll supervisor who got rich because he managed the big company’s first computer. The tale was that he jiggered the programming so he got a dime […]

Oct. 9–Bumrungrad Hospital plans to clear its retained losses of more than two billion baht by early next year by using funds generated from its cash flow and a recent private placement, and throughaccounting measures. Of the total net losses […]

DES MOINES, Iowa (AP) – A group of investors this week gained class-action status for a suit against Tyson Foods Inc. alleging securities fraud in its acquisition of beef-packing giant IBP Inc. twoyears ago. The lawsuit was brought by several […]

Oct. 9–David Becker apparently knows something the rest of us do not. Why else would the clean-cut 39-year-old leave a plum job at Downtown-based FreeMarkets Inc. that brought him millions to work above his garage in Sewickley, pondering the vagaries […]

COLORADO SPRINGS, CO — (MARKET WIRE) — 10/08/2003 — Maximum Dynamics, Inc. (OTC BB: MXDY), a financial services company that supports the financial community with back office fund administrationand client side support, announced today that it has begun building out […]