"Without [investor] confidence, a fair and liquid secondary market for these securities will not exist," says an SEC commissioner.
Banco Popular bought $3.25 billion of Doral's assets and paid the FDIC a premium of 1.59% for the failed Puerto Rican bank’s deposits.
Shareholder Standard General has the lead bid, and a bankruptcy court has approved its use of "credit-bidding" to buy some of RadioShack's stores.
A study of the effects of high-frequency trading on U.K. stock prices claims to show that HFT firms make for a more efficient market.
"We’re still on a journey to simplify the firm. I don’t rule out that we might make more disposals,” says CEO Stuart Gulliver.
OnDeck Capital grew its portfolio of small business loans and lines of credit by $369 million in the fourth quarter but still reported a net loss.
The SEC is once again concerned with how to increase liquidity for micro- and small-cap companies' securities.
Private investors like Blackstone see value in the high-yield bonds of energy firms and in distressed companies hit by the steep drop in oil prices.
The Experian/Moody’s Analytics Small Business Credit Index shows credit balances growing and delinquency rates dipping to cyclical lows.
With the largest total exposures and intrafinancial system liabilities, JPMorgan Chase is a potential source of "spillover risk," say researchers.