Legal & Regulatory
Lloyds Banking Group conducts internal inquiry
An internal inquiry is to be conducted by Lloyds Banking Group as to its foreign currency trading operations after being advised by the Financial Conduct Authority to review its processes and report irregularities.
Vimpelcom's third quarter earnings affected by regulatory pressures and fee mandates
Vimpelcom's third quarter earnings affected by African and Asian regulations as well as Italy's fee charging ceiling for use of competitor networks.
Deutsche Bank AG set to face administrative probe for actions on Kirch companies
The companies comprising the Kirch conglomerate testified the bank had assisted in the demise of the firm.
Freeborn & Peters hires Gary A. Jungels
Chicago based law firm Freeborn & Peters had announced the hiring of Gary A. Jungels as Partner for its Corporate Practice Group.
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ING Groep NV's Canadian online bank is to be known as Tangerine. ING Groep NV's Canadian online bank was purchased by the Bank of Nova Scotia.
The Norwegian oil fund sought prevented from investing in specific markets. The opposition Labour Party of Norway had proposed a ban on the country's USD800 billion wealth fund from investing in coal producers.
PPF Group NV agreed to purchase Telefonica Czech Republic's majority shareholdings. The PPF Group NV of billionaire Petr Kellner had agreed to purchase the controlling stake in Telefonica Czech Republic.
With vigorous criticism of the rules on banking exposure related to government related debt, the UAE central bank was forced to review the rules and study on how to lessen its harsh effects.
US Attorney General Eric Holder said his comments that confirmed talks of a settlement between American Airlines and the US Airways regarding the airline's planned merger.
Cooper Tire & Rubber and Apollo Tyres would be meeting in court today over its planned buyout deal.
School bus company Atlantic Express Transportation Corp filed for debt relief. Atlantic Express Transportation Corp sought Chapter 11 bankruptcy protection, according to a court filing.
Twitter reprices its IPO shares to USD23 and USD25 per share, pegging the volume price at USD1.75 billion.
Top equity fund manager in Thailand reduced domestic shares holdings and sold off stocks while protests against government amnesty bill continued.
SAC Capital pleaded guilty to five counts of criminal charges amounting to USD1.2 billion in penalty.