| Q&A with banking attorney Peter Weinstock Weinstock, 48, is well-aware of the turmoil in the financial services industry. As the co-leader of the financial institution corporate and regulatory section at Hunton & Williams LLP in Dallas, Weinstock helps banks comply with federal regulations while continuing to grow their businesses. According to Weinstock, he and his team have been involved in about 10% of the new financial institution charters in the United States over the last three years, and they have been involved in more than 200 bank mergers and acquisitions over the last 11 years. They also have had major roles in initial public offerings, private equity investment and other capital raising for banks. Weinstock was interviewed by correspondent James Pecht. feeds.bizjournals.com |
Foreclosure complaint filed against Hawaii resort (AP) The owners of Makena Resort on Maui have been hit with a foreclosure complaint filed by the resort's trustee, Wells Fargo Bank. us.rd.yahoo.com |
Phibro deal brings welcome relief to Citi (at FT.com) Occidental Petroleum's deal to acquire Citigroup's in-house commodities unit solves regulatory problems for the bank and could add a group of savvy arbitrageurs to an oil company not known for its trading prowess. us.rd.yahoo.com |
CIT, Goldman in tentative pact: report (Reuters) CIT Group Inc , a large finance company trying to avoid bankruptcy, reached a tentative agreement with Goldman Sachs Group Inc over a disputed payment on a $3 billion loan, Dow Jones Newswires reported on Thursday, citing people familiar with the matter. us.rd.yahoo.com |
NASDAQ Halts UCBH Holdings Inc. (GlobeNewswire) NEW YORK -- The NASDAQ Stock Market announced that trading was halted in UCBH Holdings Inc. today at 7:00:04 a.m., Eastern Time, for "additional information requested" from the company at a last price of $0.84. us.rd.yahoo.com |