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WASHINGTON, April 26 /PRNewswire-USNewswire/ -- Crowell & Moring LLP is pleased to announce the addition of partner Mark A. Egert to the firm's New York office. Egert will draw upon 15 years of in- house counsel experience to spearhead the firm's regulatory and compliance practice serving broker-dealers, banks, asset management firms, and a variety of alternative investment clients. Egert, who joins from his role as Managing Director & Chief Compliance Officer of Cowen Group, Inc., is also the former Vice President & Associate General Counsel of the Securities Industry and Financial Markets Association (SIFMA) and Executive Director & Chief Legal Officer for the Wholesale North America Region of ABN AMRO Bank, N.V. Egert will be a partner in the firm's Corporate and Financial Services g...
NEW YORK (Reuters) - The court-appointed trustee seeking to recoup money for victims of Bernard Madoff on Wednesday [Dec. 8] said he filed complaints against seven global financial institutions in hopes of recovering more than $1 billion. Irving Picard, the trustee for the liquidation of Bernard L. Madoff Investment Securities LLC (BLMIS), filed complaints against Citigroup's Citibank, Natixis SA, Fortis, ABN AMRO Bank N.V., Banco Bilbao Vizcaya Argentaria, Nomura and Merrill Lynch, now owned by Bank of America Corp. None of the banks were available for immediate comment.
Inspire Pharmaceuticals marketing rights from Boehringer Ingelheim International - Verizon Communications recruiting plans for workers and contracts with ABN AMRO Bank N.V. - Progress Energy sold Progress Telecom to Level 3 Communications
NEW YORK Stocks spiked higher Monday as Wall Street joined overseas markets in riding a wave of merger news to bounce back from a losing week. The Dow Jones industrials rose 115 points. The buyout news, particularly the possibility of an enormous deal that would unite Dutch bank ABN Amro Holding NV with British bank Barclays PLC, propelled stocks higher as investors theorized that companies remain upbeat about the economy if they're willing to cut new deals.
Stocks retreated from historically lofty levels Monday as rising oil prices chilled investor enthusiasm for strong earnings reports and new takeover activity. The Dow Jones industrials came within 17 points of 13,000 before pulling back. The blue-chip index hit a new trading high of 12,983.92 after British bank Barclays PLC said it will acquire Dutch bank ABN Amro NV for $91.16 billion, and British drugmaker AstraZeneca PLC said it will buy U.S. drugmaker MedImmune Inc. for $15.6 billion.
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