Finance/Venture
US District Judge denies HSBC motion
HSBC Holdings had lost its bid to undo a 2009 securities fraud trial verdict, according to a Reuters report.
EU-US trade pact face uphill climb
The Transatlantic Trade and Investment Partnership had faced gale winds and now stands to undergo rough seas.
VTB shares in Rosbank to be sold to Societe Generale
VTB would sell off its shareholdings in Rosbank to Societe Generale and Societe Generale would sell some Russian assets to VTB.
Bay Investment Group LLC to build largest transit oriented development in Oakland
Bay Investment Group LLC, the venture firm of Hayah Holdings and Colony Capital, will head the master development in the city of Oakland.
Latest News
Identified as an integral part of US interests in Asia, the Trans Pacific Partnership is being outlined between the US and eleven other countries.
As the budget deadlock continues, the stock market's fear index is rising and many investors are preparing for future stock volatility.
FINRA, in its oversight powers, is contemplating the imposition of a requirement of having insurance to cover payouts should the brokerage firm fail.
Chief executives of major banks and President Barack Obama on October 2 had met and discussed financial repercussions of the government shutdown.
Japan Prime Minister Shinzo Abe was reportedly able to reduce the country's debt his predecessors were not able to do so in the past 15 years.
A Reuters report said Dubai made its plans public to become the center for Islamic business and sukuk issuance in the world.
SEC Lawyer Jan Folena said Mark Cuban cheated when he sold his shares in an Internet firm nine years ago.
New EU rules had been set to be implemented in 2018 left investors uncertain of their next move. The European Commission had set a new framework for bank bailouts in July as taxpayers expressed outrage over using tax money to fund lenders in financial trouble.
Market sources had told Reuters that Bank Gospodarki Żywnościowej (BGZ) SA would be getting a potential bid from PZU Group-backed Alior, a Polish lender.
The Chinese government would be easing regulations for foreign lenders seeking to do business in the newly-opened Shanghai free trade zone.