Trust Goldman Sachs to make a record fine look like a good result

Bank of America, Citigroup, BNP Paribas and JPMorgan are all universal banks. The FHFA got Bank of America Merrill Lynch to pay $6bn and made it buy back . some mortgage securities. And then there is the big one: towards the end of last year JPMorgan had to. cough up a massive $13bn (unlucky for some), including $4bn related to. issues around mortgage securities. Earlier this month, BNP Paribas had to pay nearly $9bn and plead guilty to a. criminal charge for helping clients to evade US sanctions. which offer a wider range of services than a pure-play investment bank such. The French bank. of the loans it was turning into securities had a decided whiff about them. as Goldmans and therefore have the potential to get into bigger trouble when. was also banned from conducting US dollar-clearing transactions for a year,.

KKR in deal to buy 70 pct of Melbourne office project

  1. Per the definitive agreement, Kohlberg Kravis, in partnership with Abacus, will buy a controlling stake in Towers 2, 3 and 4 of the WTC complex, which adds up to 70% of the total ownership interest. The seller company will retain the remaining ownership.
  2. The deal, KKR's first real estate investment in Australia, sees the firm and Abacus buy an interest in Towers 2, 3 and 4 of the World Trade Centre, in a deal which will provide an initial yield of 9.3 percent a year, Abacus said. KKR has previously
  3. Abacus & KKR buy into World Trade Centre (00:52). Abacus Property Group (ASX:ABP) buys a stake in the World Trade Centre, Melbourne with global private equity firm KKR. 19/08/14. Return to video