Deal with Hong Kong-based PAG could provide exit at a discount for US pension funds
Administrators expect to recoup only 30 per cent of recognised claims through asset sales
Veteran dealmaker’s consolidator reports £27mn in losses after writing down ETF business
Preliminary decision by regulator marks first detailed allegations against developer and its founder Hui Ka Yan
MassMutual arm files for temporary restraining order and preliminary injunction after 20 employees defect