Legal & Regulatory
Radian Group files case against former worker for giving trade secrets to Arch Capital Group
Radian Group filed a case against former account manager Rhiannon Bolen for giving confidential data to Arch Capital Group.
New amendments to pending Volcker rules may postpone implementation
New inclusions to avoid the London Whale scandal is sought to be included in the new Volcker Rules, which may result in failure to meet the mandated year end deadline.
Judge to proceed with civil trial on defective mortgages against Countrywide Financial
US District Judge Jed Rakoff had set a hearing on the issues and a date for his rulings by December on the civil case against Countrywide Financial Corp's defective loan transactions with Fannie Mae and Freddie Mac.
HSBC's USD2.46 billion judgment just tip of iceberg
As ordered by US District Judge Ronald Guzman, HSBC and individual plaintiffs would go into the process of evidentiary discovery.
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Called expedited processing, the Telecommunications Regulatory Authority of UAE would allow direct offers of prepaid products to be made by telcos.
Upon appointment of the Dubai ruler, the Dubai Financial Market has a new chairman in Essa Kazim. The ruler of Dubai had appointed Essa Kazim to the position of chairman of the bourse operator Dubai Financial Market.
Nearly USD1 billion would be the settlement amount to be paid by Rabobank for allegations of interest rate manipulation for the Japanese yen.
A final decision would be made on the commencement date for submission of tax returns for 2013 by the IRS in December.
In a bid to get past the Macy's suits filed against the retailer and Martha Stewart, JCPenney had decided to amend the agreement it had entered into with Martha Stewart Living Omnimedia.
While there was an offer made for the club, Birmingham City management said that there were 'no immediate plans' to sell.
Canadian Prime Minister Stephen Harper had removed many hurdles for US and European investors in Canadian enterprises.
Aside from the monetary penalties, the Attorney General required some form of admission of criminal liability on the part of JPMorgan.
The Telecommunications Regulatory Authority of UAE would, after a five year wait, put the mobile phone number portability system operational by December.
TrueEX's application for interest rate swap facilities is the next step to consolidate the market.