All articles by Verdict Staff
Verdict Staff
Level Global agrees to pay $21.5m to settle SEC insider trading charges
American hedge fund advisory firm Level Global Investors LP has agreed to pay more than $21.5 million to settle US regulatory claims that it engaged in repeated insider trading in Dell Inc. and Nvidia Corp. (NVDA) securities.
Credit Acceptance Announces First Quarter 2013 Earnings
Credit Acceptance Corporation (NASDAQ: CACC) (referred to as the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) today announced consolidated net income of $60.6 million, or $2.48 per diluted share, for the three months ended March 31, 2013 compared to consolidated net income of $50.3 million, or $1.92 per diluted share, for the same period in 2012.
New ECB survey on credit terms and conditions in euro-denominated securities financing
The European Central Bank (ECB) is today publishing for the first time a report on the results of a new qualitative survey on credit terms and conditions in euro-denominated securities financing and over-the-counter (OTC) derivatives markets (SESFOD). This survey is part of an international initiative to enhance the monitoring of credit terms and conditions in these wholesale financial markets.
Broadridge launches new solution to increase brokers post-trade operational efficiency
Broadridge Financial Solutions has launched SWIFT Global Electronic Trade Confirmation solution for brokers to automate buy-side services and increase post-trade operational efficiency.
FF&P Private Equity Acquires Specialist UK Energy Efficiency Company, FIT
FF&P Private Equity (FF&P), the private equity business of Fleming Family & Partners, has backed the buy-in management buy-out of specialist energy efficiency business, FIT.
Artisan Partners AUM rises by 25% in Q1
Artisan Partners Asset Management Inc. has reported assets under management (AUM) of $83.2bn for the first quarter ended 31 March 2013, a 25.1% increase compared to $66.5bn for the same period of 2012.
Banesco boosts profits, grows loans by $45M
Banesco USA enjoyed a greater profit in the first quarter as it grew its loan portfolio by $45.1 million
Palmer Square Capital Management hires industry veteran Jeffrey Fox
Palmer Square Capital Management, an investment management firm that provides portfolios of structured credit, collateralized loan obligations (CLOs) and hedge fund strategies to a wide range of investors, today announced that Jeffrey Fox has joined the team as executive director.
Conning and Ramius Alternative Solutions announce strategic alliance
Conning, a provider of asset management services for the insurance industry, and Ramius Alternative Solutions (RASL), which develops and manages customized alternative investment portfolios, announced today that they have entered into a strategic alliance.
Private equity optimism growth set stage for increased deal making: McGladrey survey
Private equity firms are in a state of growth and considerable optimism, according to newly released results from the 2013 McGladrey Private Equity Survey.