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15 Nov 2010, 10:38 am by By DEALBOOK
Private equity firm Lone Star Funds has agreed to sell its 51 percent stake in Korea Exchange Bank to Hana Financial, The Wall Street Journal reported on Monday. [read post]
22 Nov 2006, 4:48 am
U.S. buyout fund Lone Star Funds is close to terminating its $7.3 billion deal to sell Korea Exchange Bank to Kookmin Bank because of a prosecutors’ investigation into the deal, the Financial Times reported on Wednesday. [read post]
6 Jul 2010, 3:07 am by By DEALBOOK
Citigroup is weighing moving about two dozen proprietary traders to desks that trade with clients, as some banks try to find new positions for star traders amid the financial regulation overhaul, The Wall Street Journal reported. [read post]
2 Dec 2011, 3:07 pm by Brian Baxter
Eight years after buying a majority stake in South Korea's largest foreign exchange bank, Dallas-based private equity firm Lone Star Funds has reached a revised agreement to sell Korea Exchange Bank to Hana Financial Group for $3.5 billion. [read post]
28 Apr 2011, 11:27 pm by Sean Hayes
A decision handed down by the Constitutional Court of Korea on April 28, 2011 should give strong pressure to the Korean Financial Supervisory Commission (FSC) to approve Hana Financial Group’s purchase of the 51% stake Lone Star holds in Korea Exchange Bank (KEB). [read post]
8 Jul 2008, 11:31 am
Star traders, senior executives and whole teams have been recruited by funds recently as they look to capitalize on the banks’ woes for their own expansion, The Financial Times reports. [read post]
28 Jun 2011, 12:15 am
A decision handed down by the Constitutional Court of Korea on April 28, 2011 should give strong pressure to the Korean Financial Supervisory Commission (FSC) to approve Hana Financial Group’s purchase of the 51% stake Lone Star holds in Korea Exchange Bank (KEB). [read post]
25 Feb 2009, 2:58 pm
Lewis, said Wednesday that Merrill Lynch and Countrywide Financial had been "stars" so far this year, despite criticism from analysts over those recent acquisitions. [read post]
12 Nov 2014, 4:22 pm by Sabrina I. Pacifici
“An earlier version of “Checks and Balances, Stars and Stripes,” a report on checking account practices of banks and credit unions on military installations, included several incorrect or incomplete statements and data points regarding transaction ordering. [read post]
9 Sep 2016, 9:15 am by D. Daxton White
Banks has also been tied to Minnesota Timberwolves All-Star Kevin Garnett through his financial advisement. [read post]
11 Sep 2018, 6:45 am
In the welter of financial sector reforms which followed the financial crisis—enhanced capital and liquidity rules, resolution mechanisms based on bail-in debt, new macro-prudential powers for regulators—the governance of banks received only non-star billing. [read post]
12 Oct 2011, 8:00 am by SECLaw Staff
The California Department of Financial Institutions closed the bank and appointed the FDIC as receiver. [read post]
2 Sep 2019, 1:57 pm by shmedia
Tennis star Serena Williams has taken to the podium to bring awareness to a side of domestic violence that is rarely discussed. [read post]
4 Sep 2013, 9:05 pm by Walter Olson
With arbitrary power to order capital levels, FDIC is Death Star to community banking [Kevin Funnell] “Oh please. [read post]
3 Jun 2012, 10:25 pm by Nathan McMurray
The final straw for Lone Star came when the Korean government imposed a hefty capital gains tax bill on its sale to Hana Financial Group. [read post]
11 Oct 2011, 2:07 pm by William McGrath
The SEC and Department of Justice brought parallel cases against Thomas Wu, the former CEO of United Commercial Bank, for misleading investors regarding the financial state of the bank during the 2008 financial crisis. [read post]
11 Oct 2011, 2:07 pm by William McGrath
The SEC brought a case against Thomas Wu, the former CEO of United Commercial Bank, for misleading investors regarding the financial state of the bank during the 2008 financial crisis. [read post]
7 Apr 2015, 7:13 am
From the Desk of Jim Eccleston at Eccleston Law LLC:NFL star Dwight Freeney is suing Bank of America and a Merrill Lynch financial adviser Michael Bock for allegedly defrauding him of over $20 million in an investment fraud.In 2010, Dwight Freeney authorized Bank of America to manage his assets, including his NFL salary. [read post]
1 Jan 2008, 11:15 pm
The Indianapolis Star yesterday published Initiative to aid families facing foreclosure | IndyStar.com:"INDIANAPOLIS -- The Federal Home Loan Bank of Indianapolis, one of 12 government-sponsored regional banks, said it will lend $100 million in Indiana and Michigan to financial institutions to assist families facing foreclosure. [read post]