Bank of America, Chase, CitiGroup and other big banks were given two years to comply with the Dodd-Frank requirement that pushed swaps trading out of banks.
Investors
WSJ: Carlyle Looks to Raise US$4 Billion Property Fund
According to a Wall Street Journal report, Carlyle Group seeks a hefty US$4 billion property fund, the biggest property fund since the financial crisis once gotten successfully.
Customs: US$386 Million Order against HP India Remains
Hewlett Packard's (HP) Indian unit faced a US$386 million order after the Indian customs department stated that the company has underpaid dues while importing spare parts and other products into India.
Another Asian Supervisor Leaves Providence Equity
Patrick Corso departs Providence Equity, the fourth senior departure in the company since 2008. (Photo : Reuters)The image shows a view of Hong Kong's business district.
Vodafone Makes Informal Bid for Kabel
Within the past week, an informal takeover bid for Kabel Deutschland Holding AG was initiated by Vodafone.
Latest News
Newcastle Investment Corp. announced today, a public offer of 30,000,000 shares of its common stock.
Berkley Properties and 601W Companies emerged in a partnership for the recapitalization of Chicago's Prudential Plaza.
Actavis and Medicines360 announced partnership to be able to deliver affordable intrauterine device in the US market.
Doug Suttles has three-decades of experience as an oil and gas veteran. (Photo : )Oil and gas veteran Dough Suttles (left) formerly of BP, is now CEO of Escana Doug Suttles preceded interim CEO Clayton Woitas.
Oregon LNG files export application with FERC that is necessary for its site operation and pipeline construction.
The Indian government is asking for an explanation about a premature statement issued by ONGC regarding its US$2.5 billion deal with Videocon.
Infosys, India's second biggest software exporter is said to be globally hunting for a new CEO that is a non-founder of the company.
Facebook CEO Mark Zuckerberg faces a lot of questions during first shareholder meeting regarding slumping stock prices after the company's IPO last May.
Eighty percent of Afren's investors were angered and voted against the company's renumeration report.
