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| Closing Glance: Investment Banks rise |
| NEW YORK Shares of investment banks rose Tuesday along with the broader market as Federal Reserve chairman Ben Bernanke said the central bank might extend its lending efforts to investment banks to help improve liquidity in the credit markets. Here's a |
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GeoVera Insurance cancels proposed IPO (AP)
Residential property insurer GeoVera Insurance Holdings Ltd. has canceled its planned initial public offering of 5.9 million shares, according to a regulatory filing Thursday with the Securities and Exchange Commission.
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JPMorgan hires veteran Bear Stearns private banker
JPMorganPrivate Bank has hired a senior private banker from Bear Stearns for its UK domestic private banking team, having closed Bear Stearn's UK-based private client team at the end of last month. Darren McDermott will report to Olivier de Givenchy,