SEC puts Goldman Sachs in the dock
May 5, 2010The fraud charge levelled against Goldman Sachs saw the company's stock price take a hit
The US Securities and Exchange Commission (SEC) filed a civil action against Goldman Sachs last month, accusing the bank of securities fraud for failing to disclose vital information to its investors.
Deals of the Year 2010
March 31, 2010With the economic environment still uncertain and markets often volatile, last year's deals demanded every ounce of tenacity and expertise available at corporates' relationship banks. The Banker's Deals of the Year are testament to those qualities.
SWFs move towards greater transparency
March 31, 2010Abu Dhabi: home of the world's largest SWF
Abu Dhabi Investment Authority (ADIA), the world's largest sovereign wealth fund (SWF), has published its first annual review detailing its investment aims and portfolio. The report groups the fund's asset allocation by asset class and geographical distribution. ADIA declined to reveal its total assets, which are estimated at between $350bn and $450bn.