Major banking institutions including JPMorgan Chase might have predicted the direction of the probe conducted by the Financial Conduct Authority in Britain.
Legal & Regulatory
Odisha Industries Federation petition for tax holiday and moratorium on bank payments
Odisha Industries Federation Vice Chairman for the South Zone Rajendra Kumar Mishra filed memoranda with government to intervene and grant tax holidays and moratorium on bank payments.
Embraer under investigation by US and Brazilian authorities
Embraer under fire for corruption charges in the Dominican Republic. American and Brazilian authorities are determining whether Embraer SA had bribed Dominican Republic officials for the grant of a USD90 million contract for attack planes for the country's armed forces.
US Fed Reserve require stress tests on banks
Several banks required to undergo Fed Reserve stress tests to determine capacity of capital cushions on hypothetical adverse conditions.
Housing sector growth slows, borrowing costs jump due to effects from US government shutdown
Analysts who were quoted at Reuters anticipated the effects stemming from the US Federal Reserve's moves after the government shutdown.
Latest News
A suit was filed in New Jersey District Court against Actavis by Ranbaxy Laboratories for its attempt to produce a generic version of Absorica.
Recovery measures such as arbitration, negotiation and litigation are the means that MMG would recover due amounts receivable.
NBAD Group CEO Alex Thursby identified seven highly urbanized cities where the bank would set up its operations.
Daylight Savings Time was meant to conserve energy, but it creates more losses in the US economy. WIth temperatures falling and landscapes needing less tending, these are the reminders that daylight savings time would be coming to an end by Sunday.
Upon entry into Terminal 3, Paul Ciancia asked people if they were TSA before opening fire on them. According to news reports, the suspect had entered Terminal 3 wearing camouflage outfit and at around 9:20 am local time, had opened fire into the passenger area.
New Jersey Police Chief Allen Cummings in an interview with Associated Press, said family members received text messages on suicide from Paul Ciancia, the LAX shooter.
After thirty of its employees got involved in the manipulation of interest rates, Rabobank had paid a combined EUR774 million in fines.
Various investors and strategists react to the decision of the Federal Reserve. On Wednesday, The Federal Reserve had extended support for the slowing economy of the US.
Disagreements slowed down talks about the USD 13 billion settlement of JPMorgan Chase & Co and the US Department of Justice, sources told Reuters.
