Wednesday, 23 July 2014
Last updated 13 min ago
Jan 28 2014 | 1:11am ET
Online marketplace eBay Inc. has enlisted Goldman Sachs to help it fend off an attack from Carl Icahn.
The activist investor last week called on eBay to spin off its online payments business, PayPal. eBay quickly rejected the proposal, leading Icahn to nominate director candidates and threaten a proxy battle.
To help deal with the threat, eBay has turned to Goldman, a long-time adviser, Bloomberg News reports. It is the second company to engage Goldman for such a task; the investment bank is also working with Apple to handle Icahn's approaches.
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…