Topic: Buyouts
Banks may shed private equity assets in Obama plan
Reuters US Online Report Top News
<div><p>NEW YORK (Reuters) - U.S. President Barack Obama's plan to limit financial risk-taking could force banks, such as Goldman Sachs or JPMorgan, to shed parts of their private equity operations.</p><p>Among the proposals, which require congressional approval ...
House Holds Hearing On Bank Of America Purchase Of Merrill Lynch
Getty Images
WASHINGTON - DECEMBER 11: House Oversight and Government Reform Committee ranking member Rep. Darrell Issa (R-CA) (L) and Chairman Edolphus Towns (D-NY) listen to witnesses testify about the purchase of Merrill Lynch by Bank of America December 11, 2009 in Washington, DC. Securities and Exchange Commission's Division of Enforcement Director ...
Judge gives Tribune more time for bankruptcy plan
AP News
<div id="subtitle">Judge grants Tribune extension of time to file Chapter 11 reorganization plan</div><div><p>A Delaware bankruptcy judge on Tuesday granted the Tribune Co. more time to submit a Chapter 11 reorganization plan.</p><p ...
Private equity firms mull future as asset managers
Reuters US Online Report Business News
<div><p>PARIS (Reuters) - Private equity firms will need to become more like asset managers, offering buyouts as just part of their portfolio, or else focus tightly on specific sectors in order to prosper, industry participants said.</p><p>The industry -- once ...
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