Exclusive: Chinese supplier, VL Automotive bid for Fisker - sources

A boutique carmaker led by a former General Motors Co executive Bob Lutz and China's largest auto parts supplier submitted an offer to buy cash-strapped "green" car company Fisker Automotive, people familiar with the matter said.

Sprint raises Clearwire offer, not enough for some

Sprint Nextel Corp raised its buyout offer for wireless service provider Clearwire Corp to $3.

SAC's Martoma says U.S. impedes defense in fraud case

Former SAC Capital Advisors portfolio manager Mathew Martoma said the government is impeding his ability to defend against criminal insider trading charges by trying to link him to an alleged long-running conspiracy for which it has only "vague" details.

Risky Bank Debt Insurance Costs Drop as New Rules Loom

Traders and investors are dumping contracts designed to protect them against losses on bank bonds, not because they feel more relaxed about the risk on these bonds, but because proposed new rules on how these insurance-like instruments work could render older contracts worthless.

Credit Suisse replaces Morgan Stanley as No. 2 Asia prime broker

The Asian prime brokerage unit of Credit Suisse has replaced Morgan Stanley as the second largest firm servicing the region's $148 billion hedge funds industry, a survey showed.

Dimon Keeps CEO, Chairman Titles

J.P. Morgan's Jamie Dimon has prevailed over a shareholder revolt that sought to strip him of one of his titles. He will remain the banking giant's CEO and chairman.

Sprint Raises Clearwire Bid, Starts Talks With Dish

The wireless carrier boosted its offer for the remaining stake in Clearwire by 14%, averting a shareholder vote Tuesday that was expected to go against Sprint. Meanwhile, Sprint got the OK to enter talks with Dish about the satellite TV provider's competing bid for the wireless carrier.

JPMorgan, under pressure, gives polling information to investors

JPMorgan Chase & Co , under pressure from the New York Attorney General's office, has agreed to give investors information about upcoming ballot votes, after the company that collects votes on the measures stopped giving out polling information last week.

Prosecutors' subpoena of SAC's Cohen puzzles defense lawyers

The decision by prosecutors to compel Steven A.

Trade group SIFMA names ex-Senator Gregg as CEO

SIFMA, the U.S. securities industry's largest trade group, named former Senator Judd Gregg as chief executive officer, in a move that may signal a desire to mend fences with ordinary Americans and U.S. Congress.