Allied Capital shares rise on debt restructuring (AP)
Shares of Allied Capital Corp., which provides financing for buyouts, advanced Wednesday after the firm announced a private debt restructuring. us.rd.yahoo.com
Bank4Texas skips de novo, makes acquisition
A fledgling Houston-area financial institution intends to take a shortcut through the regulatory process by purchasing the assets of a rural Texas bank. feeds.bizjournals.com
Lazard names insider Jacobs as CEO and chairman (AP)
Lazard Ltd. on Tuesday appointed Kenneth M. Jacobs as CEO and chairman, choosing a longtime executive at the investment advisory firm to fill vacancies from last month's sudden death of Chairman and CEO Bruce Wasserstein. us.rd.yahoo.com