It's not over 'til it's over, but as IMD was going to press, it appeared that an announcement of the sale of Knight-Ridder Financial to Welsh Carson Anderson & Stowe was imminent. Sources say that a deal was agreed to about 10 days ago and that the contracts were in the hands of lawyers. Barring any unforeseen hitches, the agreement should be made public this week, they say.
Although there were "no comments" all around, several sources suggest the purchase price that the two had settled on wa
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