Knight Said to Get $400 Million Infusion
Knight Capital Group Inc., stepping back from the brink of insolvency, agreed to a $400 million infusion through the sale of convertible preferred securities, according to two people with direct knowledge of the matter.
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Mizuho's Sato: Looking at Post-Brexit Locations in Europe
12:15 - Yasuhiro Sato, chief executive officer and president at Mizuho Financial Group, discusses how Japanese banks are weathering negative interest rates, post-Brexit location options, and the prospect of banking deregulation under U.S. President-elect Donald Trump. He speaks with Bloomberg's Francine Lacqua from the World Economic Forum in Davos, Switzerland on "Bloomberg Markets: European Open." (Updates reporter's name in description.) (Source: Bloomberg)