Anonymous sources
San Francisco Chronicle
Corzine Sought 'Yes Man' for MF Global Debt Bet, Lawmakers Say - San Francisco Chronicle
Investigators have located almost all of the $1.2 billion in client money that went missing as the firm unraveled, a person briefed on the matter said yesterday. The probe has traced 90 percent of the money to other customer or bank accounts, ...
Barclays Capital Said to Plan 25% to 30% Banker Pay Cut - San Francisco Chronicle
The lender is preparing to tell employees at Barclays Capital next week that overall pay will be down by 25 percent to 30 percent on average from a year earlier, said the people, who declined to be identified because the plans haven't yet been made ...
Record Bugatti Vies $32 Million Ferrari GTO as Cars Lure Buyers - San Francisco Chronicle
The Ferrari racer was an early example, had a competition history and was in well-preserved condition with original paint, said dealers, who asked not to be named. Cars often fetch higher prices through discreet transactions than they do at auction.
Glencore Said to Be Near Agreement to Combine With Xstrata - San Francisco Chronicle
The two Switzerland-based companies may announce a deal as early as this week, said the people, who declined to be identified because the plans are confidential. The combined company may be valued at 52 billion pounds ($82 billion) after excluding ...
MF Global Investigators Said to Trace 90 Percent of Client Money - San Francisco Chronicle
1 (Bloomberg) -- Investigators probing the collapse of MF Global Holdings Ltd. have located almost all the client money that went missing when the broker filed for bankruptcy last year, according to a person briefed on the matter.
Barclays' Edgar Said to Plan Start of Atreaus Macro Fund in May - San Francisco Chronicle
1 (Bloomberg) -- Todd Edgar, former global head of macro trading at Barclays Plc in London, is starting hedge fund Atreaus Capital LLC in May, according to a person familiar with his plans. Edgar, 39, is opening New York-based Atreaus with former ...
Obama Said to Plan Assistance for Home Mortgage Refinancing - San Francisco Chronicle
The FHA refinancing plan, if it wins funding from Congress, would be open to borrowers who have been current on their payments and have had no more than one delinquency in the previous six months, a senior administration official said.
Soros Sits Out Obama Super-PAC Money Race Beside Big Givers - San Francisco Chronicle
Former House Speaker Newt Gingrich has benefitted from $10 million in donations from Las Vegas billionaire Sheldon Adelson and his wife Miriam, according to a person close to him. Bing, who gave $13 million in 2004 to Democratic committees, ...
WORLD - News of the Day From Across the Globe - San Francisco Chronicle
7 Pakistan fighting: Fighting between soldiers and Taliban militants over a strategic mountaintop in Pakistan's northwestern Kurram tribal area has killed more than 60 people, a government official said Tuesday. 8 Movie star ambassador: Actor Sean Penn ...
UBS May Purchase Brazilian Lender as Banking License Stalls - San Francisco Chronicle
... a Brazil license for the past two years to open its own business trading stocks and bonds, investing proprietary funds, and offering derivatives and syndicated loans, according to the person, who asked not to be named because the matter is private.
AP Sources: Iowa GOP head Strawn to resign - San Francisco Chronicle
The officials requested anonymity to speak because the party had yet to make a formal announcement. They said Strawn had planned to resign at a party meeting on Feb. 11, but now say the announcement could come as early as Tuesday.
Samsung Securities Said to Close Most of Hong Kong Unit - San Francisco Chronicle
The company will shut equity sales and research operations in Hong Kong, said the people, who declined to be identified because the plan hasn't been publicly announced. It wasn't immediately clear how many jobs will be eliminated, the people said.
UBS May Purchase Brazilian Lender as Banking License Stalls - San Francisco Chronicle
UBS has sought a license for the past two years to open its own business trading stocks and bonds, investing proprietary funds, and offering derivatives and syndicated loans, according to the person, who asked not to be named because the firm's ...
Bank Foreclosure Agreement Deadline for States Set for Feb. 3 - San Francisco Chronicle
Separately, Joseph Smith, the North Carolina commissioner of banks, will serve as monitor to ensure banks comply with terms of the settlement, according to a person familiar with the matter who wasn't authorized to speak publicly about it.
Peru 6.2-Magnitude Earthquake Injures 119 and Damages Homes - San Francisco Chronicle
Southern Copper Corp., Peru's largest producer of the metal, didn't sustain any damage at its mines or smelter, said a company official briefed on the matter, declining to be named because of company policy. Pluspetrol SA said its Camisea natural gas ...
YPF Plunges on Government Takeover Concern: Buenos Aires Mover - San Francisco Chronicle
A YPF official, who refused to be named because of corporate policy, declined to comment in an e-mail today. An official at the Planning Ministry wasn't immediately available when called by Bloomberg News. President Cristina Fernandez de Kirchner is ...
Nomura Said to Hire Aird as Europe Head of Equity Syndicate - San Francisco Chronicle
Aird will start at the Japanese bank's London office in the beginning of February, said the person, who declined to be identified because the plans are private. He was with Credit Suisse for more than a decade. While there, he worked in London as a ...
EU Stumbles on Greek Plan as Merkel Signals Debt Deal Delay - San Francisco Chronicle
Creditors are willing to take an average coupon of as low as 3.6 percent on new 30-year bonds, said a person familiar with the matter, who declined to be identified because a final deal hasn't been struck yet. As recently as Jan.
ABB Said to Near Purchase of Thomas & Betts for $4 Billion - San Francisco Chronicle
ABB, based in Zurich and the world's largest provider of power-transmission gear, may announce a deal as soon as today, said the person, who spoke on condition of anonymity because the negotiations are private. The talks for Thomas & Betts, ...
IIF Says It Expects to Finish Deal on Greek Debt Swap This Week - San Francisco Chronicle
Creditors are prepared to accept an average coupon of as low as 3.6 percent on new 30-year bonds, said a person familiar with the talks, who declined to be identified because a final deal hasn't been struck yet. Juncker, who also leads the group of ...
New Raiders coach Allen granted time, authority - San Francisco Chronicle
Allen signed a four-year deal, according to a source close to Allen, twice as long as the two-year deals the past five got. Tom Cable and Hue Jackson were fired after 8-8 records the past two seasons, and more job security is not the only thing Allen ...
New Raiders coach Allen granted time, authority - San Francisco Chronicle
Allen signed a four-year deal, according to a source close to Allen, twice as long as the two-year deals the past five got. Tom Cable and Hue Jackson were fired after 8-8 records the past two seasons, and more job security is not the only thing Allen ...
Citigroup Said to Cut Bonuses in Investment Bank By About 30% - San Francisco Chronicle
28 (Bloomberg) -- Citigroup Inc., the third-biggest US lender by assets, cut 2011 bonuses in its investment banking division by about 30 percent on average amid slumping revenue, according to a person briefed on the matter. Some businesses within the ...
Berkeley barber mourns slain nephew - San Francisco Chronicle
The woman had been about to open the door when Warren was shot, said the friend, who asked not to be named because he feared for his safety. "If she had opened the door, she would have died and got sprayed up, too," he said as he swept up glass and ...
Citigroup Said to Cut Bonuses in Investment Bank About 30% - San Francisco Chronicle
27 (Bloomberg) -- Citigroup Inc., the third-biggest US lender by assets, cut 2011 bonuses in its investment banking division by about 30 percent on average, according to a person briefed on the matter. Some businesses within the securities and banking ...