Global Financial Information's acquisition of Knight-Ridder Financial for $275 million was set to close at press time--two months after GFI first announced the deal (IMD, May 20). With the acquisition of Knight-Ridder Financial--which will now be called KRF--almost finalized, GFI has named its new senior management team and has set plans to integrate products. The venture is also looking at ways to cut costs.
In order for this deal to be successful, GFI is going to have to realize some substa
James talks about his trip to Chicago and some of the interesting topics that came up (including a look at disaster recovery demands). Then Anthony and James touch on ISDA's initial margin rules, with Phase 3 going live next year.Subscribe to Weekly Wrap emails