Finance

Lead Editor: Sean McMahon

About This Industry

SmartBrief brings you all the latest news from every corner of the financial services sector. When you need more intel about how market trends and policymakers are going to affect you and your business, SmartBrief has you covered.

Cross-border deals boost U.S. IPO market

9/30/2014

  • Wall Street Journal (tiered subscription model), The

The U.S. initial public offering market has grown 42% in the first nine months of 2014, fueled by Alibaba Group Holding's $25 million IPO and offerings from other foreign-based companies, including co… Read More

Civeo opts against becoming a REIT, will relocate to Canada

9/30/2014

  • Bloomberg
  • News & Observer (Raleigh, N.C.), The

Houston-based Civeo, a company that owns worker housing mostly located in Canada and Australia, has decided not to become a REIT but to relocate its headquarters to Canada. Civeo said the move would b… Read More

South Korea sets out bond-issue plans for Oct.

9/30/2014

  • Yonhap News Agency (South Korea) (subscription required)

After selling 7.86 trillion won worth of bonds in September, the South Korean government plans to issue state bonds worth about 6.6 trillion won this month. The issue will include 1.7 trillion won eac… Read More

Biotechs aim to cut taxes by transferring patent rights

9/30/2014

  • New York Times (tiered subscription model), The

More biotechnology firms are aiming to transfer patents overseas in search of substantial tax cuts, taking a cue from larger drug companies. Critics say these companies benefit from the U.S. higher-ed… Read More

Expert: South Florida could face volatile weather next month

9/30/2014

  • Sun-Sentinel (Fort Lauderdale, Fla.)

October has a strong likelihood of bringing unpredictable temperatures and more storms to South Florida, said Robert Molleda of the National Weather Service. More hurricanes have hit the region in Oct… Read More

Overdraft, ATM fees rise to record highs, survey shows

9/30/2014

  • National Public Radio

Overdraft fees rose over the past year to an average $32.74, the highest level on record, according to a survey by Bankrate.com. Out-of-network ATM fees also reached a record at $4.35 per transaction. Read More