Pope Francis meets with ECB President Mario Draghi for unspecified matters. The head of the Roman Catholic Church, Pope Francis, had held discussions with European Central Bank President Mario Draghi during a private audience held last Saturday.
Legal & Regulatory
Former JP Morgan executive to clear name in London Whale scandal
Achilles Macris, former CIO of JPMorgan, said he was denied due process for he was denied the opportunity to respond to the allegations.
Deutsche Bank conducts internal inquiry
Like many other regulatory authorities, Deutsche Bank is conducting an internal review of conversations and electronic communication for allegations of rigging the the benchmark interest rates.
Apollo sought dismissal of Cooper suit
In a letter to presiding judge Sam Glasscock III, Apollo Tyres lawyer sought the dismissal of the case filed against them by Cooper Tire & Rubber Co.
Renaissance, through Topaz Marine, set to offer senior notes
The offered senior notes from Renaissance is worth USD350 million with a five year term. Renaissance Services, an Omani based firm, announced last Monday that its subsidiary, Topaz Marine was in the process of marketing a five year USD350 million senior note offer.
Latest News
A bid from a private equity firm for its cash solutions business is being mulled by G4S. Charterhouse Capital Partners LLP is contemplating the bid amounting to GBP1 million or USD1.
Because of findings by gaming authorities as to alleged Russian mob ties, Caesars Entertainment drops Ganesvoort Hotel from its partner-investors listings.
A total of USD13 billion is to be paid out by JPMorgan under the tentative settlement agreement forged with US authorities related to mortgage backed securities.
According to banking sources, the Financial Times said the IPO of UK's Royal Mail was underpriced.
Bernie Madoff's sons were vindicated for the civil case over the properties of their father in the UK.
The five year ban on holding public office for Silvio Berlusconi was upheld but reduced from five years to two years.
The Chairman and two other senior executives of China Solar Energy Holdings Ltd were arrested by Chinese authorities.
A report from the Daily Telegraph said the UK government would be deciding on the future of Royal Bank of Scotland by next month.
Trial began Tuesday for the case filed by Chevron Corp against villagers in Ecuador and their lawyer Steven Donziger.
