Tuesday, 29 July 2014
Last updated 12 min ago
Feb 13 2007 | 9:07am ET
Cerberus Capital Management is opening an office in Hong Kong as part of a strategy to become active in China, the firm’s chairman said.
John Snow, the former U.S. Treasury secretary, told The Wall Street Journal that the $22 billion New York-based fund is expanding its Asian focus, which currently is on Japan, where it owns a controlling stake in Aozora Bank. Snow, who is in China this week lobbying for better corporate governance, said Cerberus is considering a number of possible transactions, including helping Chinese companies acquire overseas firms.
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…