Edition:
India

Lawrence Delevingne

U.S. SEC fines Cantor, BMO Capital Markets over improper handling of ADRs

17 Aug 2019

WASHINGTON The Securities and Exchange Commission (SEC) on Friday said Cantor Fitzgerald & Co and BMO Capital Markets had agreed to pay $647,000 and $3.9 million respectively to settle charges of improper handling of "pre-released" American Depositary Receipts (ADRs).

Callidus shares rise on deal to take troubled lender private

17 Aug 2019

NEW YORK, Aug 16 Shares of Callidus Capital Corp surged more than 75% on Friday after the Canadian lender said its second-largest shareholder, Braslyn Ltd, would acquire its outstanding minority shares and take it private.

Minnesota student sues China's JD.com CEO Liu with allegation of rape

17 Apr 2019

A University of Minnesota student who said she was raped last August by Richard Liu, the chief executive officer of China's e-commerce retailer JD.com Inc, filed a civil lawsuit against him in a Minneapolis court on Tuesday, nearly four months after prosecutors declined to press criminal charges.

David Einhorn's Greenlight says Tesla 'on the brink' of failure

12 Apr 2019

NEW YORK David Einhorn's Greenlight Capital renewed criticism of Elon Musk and Tesla Inc, saying the electric car company appeared to be "on the brink" of failure again, according to a letter sent to clients of the hedge fund on Friday.

Short & distort? The ugly war between CEOs and activist critics

21 Mar 2019

NEW YORK On the morning of July 11, Paul Pittman was on a corn farm in Western Illinois, unaware his company had taken a devastating hit.

RPT-INSIGHT-Short & distort? The ugly war between CEOs and activist critics

21 Mar 2019

NEW YORK, March 21 On the morning of July 11, Paul Pittman was on a corn farm in Western Illinois, unaware his company had taken a devastating hit.

Cantor Fitzgerald to expand prime brokerage in Europe: sources

15 Mar 2019

LONDON/NEW YORK U.S. financial services firm Cantor Fitzgerald plans to expand its prime brokerage operations in Europe and has hired Sean Capstick in London to lead the efforts, two sources with knowledge of the matter told Reuters.

UPDATE 1-Tiger Global private equity head Lee Fixel to depart -letter

15 Mar 2019

NEW YORK, March 14 Lee Fixel, a partner and head of the $13 billion private equity business at Tiger Global Management LLC, plans to leave the firm on June 30, according to a letter sent to clients on Thursday seen by Reuters.

UPDATE 1-Callidus Capital interim CEO resigns after four months

11 Mar 2019

March 11 Toronto-based lender Callidus Capital Corp announced on Monday that consultant and interim Chief Executive Officer Patrick Dalton had resigned, providing no reason why.

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