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Private equity players bet big on Florida banksBy Jeff Harrington, Times Staff Writer Friday, September 3, 2010 Dan Healy and his old friend John Kanas have covered a lot of common ground since their North Fork Bank in Long Island, N.Y., became part of Capital One a few years ago. Both jumped into Florida banking by matching private equity dollars with fizzling banks. Kanas' group bought the failed BankUnited last year and recapitalized what ...
Bernanke Meets Buffett in New Regulatory Role Conceived to Protect MarketsIn November 2009, Senate Banking Committee Chairman Christopher Dodd advanced a radical proposal: to create a super-regulator that would take over most of the bank supervision that had been done by the Federal Reserve System, the Federal Deposit Insurance Corp. and other agencies.
Economy Avoids Recession Relapse as Data Can’t Get Much WorseThe U.S. economy is so bad that the chance of avoiding a double dip back into recession may actually be pretty good.
Goldman Loses Muscle in Corporate FinanceThe bank with the biggest trading profits is losing market share underwriting corporate bonds as it seeks to boost its image as a company adviser
Goldman Sachs Loses Muscle in Corporate FinanceGoldman Sachs Group Inc., the bank with the biggest trading profits on Wall Street, is losing market share underwriting corporate bonds as it seeks to boost its image as a company adviser rather than a $900 billion hedge fund.
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