An investor aiming for the top, again. | Hess and hedge fund end proxy fight in compromise. | Big banks get break in rules limiting risks. | Shareholders denied access to Chase vote results. | Jesse Eisinger on why fund managers may be right on the Fed. | In role reversal, Goldman chief advises Jamie Dimon. | Clients fear Bloomberg is becoming their rival. | Uninvited guest gives Japan a jolt. | American investor targets Sony for a breakup. | Andrew Ross Sorkin makes a case for one leader at JPMorgan. | Chase vote may hinge on director.
A look back on our reporting of the past week’s highs and lows in finance.
Aiming for the Top, Again | Fred Eckert was once a star investor, but by 2011, he was bankrupt, divorced and had spent two months in a coma. DealBook »
Shareholders Denied Access to Chase Vote Results | In the midst of a closely watched investor vote â€" over whether to separate the roles of chairman and chief executive at JPMorgan Chase â€" the firm providing tabulations of the vote stopped giving voting snapshots to the proposal’s sponsors. DealBook »
- In Role Reversal, Goldman Chief Advises Dimon | It is now Jamie Dimon, not Lloyd Blankfein, who is caught in a harsh public spotlight, seemingly at odds with regulators. DealBook »
- Deal Professor: Dispute at JPMorgan Grows, for All the Wrong Reasons | Steven M. Davidoff says that a proposal to separate the chairman and chief executive positions at JPMorgan Chase has turned into a backdoor referendum on Jamie Dimon. DealBook »
- DealBook Column: Making a Case for One Leader at JPMorgan | Andrew Ross Sorkin says that it may not be popular to say, but the incontrovertible fact remains that JPMorgan Chase has remained one of the best-performing banks on Wall Street under Jamie Dimon. DealBook »
- Chase Vote May Hinge on Director | A vote on whether to split Jamie Dimon’s roles as chief executive and chairman could hinge on whether the board’s lead director is seen as strong enough to stand up to Mr. Dimon. DealBook »
As Larger British Rivals Start to Perk Up, a Heralded Small Bank Stumbles | The Co-operative Bank now has too many risky real estate loans and a buffer against losses that is too thin. Last week, its rating was cut to junk status. DealBook »
Clients Fear Bloomberg Is Becoming Their Rival | Long thought of as a company that serves Wall Street firms, Bloomberg is quietly becoming more like them. DealBook »
Regulatory Pressure Drives Commerzbank to Seek Out New Capital | The German bank will try to raise 2.5 billion euros ($3.2 billion), to protect against future shocks and to help repay a 2009 government bailout. DealBook »
Hess and Hedge Fund End Proxy Fight in Compromise | Hess gave the activist hedge fund Elliott Management three board seats in exchange for the fund’s support of the company’s slate of five directors. DealBook »
- Hedge Fund Rejects Proposal by Hess to End a Proxy Fight | The Hess Corporation offered a concession to an activist investor after the investor’s board nominees waived their rights to a contentious compensation plan. DealBook »
Uninvited Guest Gives Japan a Jolt | How Sony reacts to an American investor’s demands for a breakup could be a test of Japan’s pledge to open up to greater foreign investment. DealBook »
- Sony Meets With an Outspoken Activist Investor, but Courtesy Reigns | Daniel S, Loeb, often caustic dealing with others, had a polite meeting in Tokyo with executives of Sony, where he is trying to engineer a major shake-up. DealBook »
- American Investor Targets Sony for a Breakup | Daniel S. Loeb is said to have plans to press Sony to spin off part of its entertainment arm, including a successful film studio and one of the largest music labels in the world. DealBook »
Ex-BlackRock Manager Said to Be Arrested | Mark Lyttleton, who left BlackRock in London in March, was arrested in the investigation, two people briefed on the matter said. DealBook »
Ex-Hedge Fund Manager Sentenced in Insider Trading Case | Anthony Chiasson, a founder of Level Global Investors, was ordered to pay a $5 million fine and forfeit illegally obtained proceeds of as much as $2 million. DealBook »
Forging Its Own Path, British Hedge Fund Finds Success | Cantab Capital Partners has been turning heads in London and New York with a new fund that aggressively undercuts its competitors on fees. DealBook »
New Accounting Proposal on Leasing Portends Big Change | Proposed changes on reporting leases, backed by the International Accounting Standards Board and the Financial Accounting Standards Board of the United States, are unlikely to satisfy many corporations. DealBook »
Regulators Tighten Rules on Trading of Derivatives | The C.F.T.C. pushed the risky trading into the light of trading platforms, but effectively empowered a handful of select banks to continue controlling the derivative market. DealBook »
- Big Banks Get Break in Rules Limiting Risks | Pressure from big banks led to a compromise that some say could help them maintain their dominance in the market for derivatives contracts. DealBook »
The Trade: Why Fund Managers May Be Right About the Fed | Jesse Eisinger of ProPublica says that what hedge fund investors are expressing should trouble all of us: they have almost no confidence in the Federal Reserve or the economics profession. DealBook »
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‘Before He Cheats’ | Daniel Loeb called for the breakup of Sony. Carrie Underwood has some advice on how to handle an activist investor. YouTube »
