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WestLB owners plan sell-off WestLB's owners plan to put the bank up for sale through an auction that could herald a wider shake-up of Germany's state-owned Landesbank sector. The bank expects the offer to satisfy a promise to the European Commission to seek a change in its ownership, a condition of state aid given last year.... FTMarket Chatter -- Corporate finance press digest LONDON, March 27 (Reuters) - The following corporatefinance-related stories were reported by media on Friday: * Increased regulation of hedge funds will force many out ofbusiness and shrink the size of the industry, Man Group chief executive Peter Clarke said in the Financial Times. Clarkesaid Man Group was well placed to adapt to the new climate, butsome others may not thrive. ReutersBank plan buys time, but that`s all A nearly painless, win-win solution for Wall Street and taxpayers? Don't believe it for a minute. But the hoopla gives investors a chance to profit in the short term. MSNMandarins hit the wall as China slows IN 10 years, China's entrepreneurial mandarins created 5 million businesses and 75 million jobs, but the slowdown has stumped them. The AustralianMan Group chief warns regulators Increased regulation of hedge funds will drive some out of business and lead to a shrinkage of the industry, Peter Clarke, chief executive of Man Group, the UK's biggest listed hedge fund manager, warned Thursday. Clarke said smaller managers who lacked resources to cope with additional demands from regulators would be hit hardest. FTCitigroup`s Mergers Business Is Still ThrivingTIME GOP, Experts Doubt Financial Overhaul Plan The Obama administration's plan for strict scrutiny of hedge funds and other freewheeling investors is drawing instant opposition from Republican lawmakers and the rules' targets. Skeptics are questioning whether the new regulation would work anyway. CBS NewsMacroeconomics: A Contemporary Introduction (Teacher`s Edition) (Paperback) newly tagged ``accounting`` Macroeconomics: A Contemporary Introduction (Teacher's Edition) (Paperback)By William A. McEachern 2 used and new from $79.95 Customer Rating: First tagged 'accounting' by Mark Twain Customer tags: kindle book(2), college textbook, economics, kindle, finance, business textbooks, cpa, business, cpma, accounting, college textbooks, macroeconomics AmazonGoogle lays off 200 more Google said Thursday that it plans to cut 'just under' 200 positions in its sales and marketing organizations around the globe, according to a posting on the company's official blog. CNNVoestalpine buys U.S. railway track systems maker VIENNA, March 27 (Reuters) - Austrian steelmaker Voestalpine said on Friday it had acquired a U.S. supplier ofspeciality components for railway tracks, part of a plan by thecompany to expand its railway division. Reuters1 2 3 |
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