The US Senate investigation panel had asked energy regulators to hand over documents from an investigation with JP Morgan Chase & Co.
Legal & Regulatory
US judge dismisses iShares compensation case against Blackrock
Blackrock Inc victorious in court battle as U.S. district judge dismisses compensation lawsuit. A U. S. judge dismissed a lawsuit filed against BlackRock claiming it looted securities-lending revenues from iShares exchange-traded funds investors.
US widens probe into JPMorgan hiring practices - Bloomberg
US government widened probe into JPMorgan's hiring practices to include countries across Asia. An investigation into JPMorgan's hiring practices in China uncovered evidence that links hires to specific deals.
Blackstone settles IPO suit
Blackstone finalized a settlement with its investors over alleged misrepresentations during its IPO.
Fonterra faces legal action from Danone-owned milk formula maker
After global food safety scare, Danone SA unit plans to take legal action against New Zealand's Fonterra.
Latest News
JP Morgan Chase & Co. said that M&As within the UK water industry still exits amid regulatory price review.
China's corruption goes on overdrive with PetroChina officials falling in its wake. In a widening effort to push its anti-corruption campaign, China has included the country's most valuable company in its dragnet.
Deutsche Telekom was cleared of any wrongdoing in lawsuit filed by Kabel Deutschland. Deutsche Telekom emerged victorious when a Frankfurt court dismissed an overcharging case filed against the telecommunications company.
The Thai government would be looking to appeal Philip Morris International Inc's victory in tobacco case requiring larger health warnings on cigarette packs.
A 2009 lawsuit brought against Charles Schwab & Co Inc had been revived by a New York state appeals court.
A source told Reuters that JPMorgan has bee pressured by finance authorities to settle at least USD6 billion in mortgage claims.
U.S. Justice Department asked a federal court to set trial date on March 3 to hear arguments on whether it should halt a planned merger between US Airways and American Airlines.
A Philippine regulator postponed the bid for a ticketing system to be used by the MRT and LRT. The Department of Transportation and Communications (DOTC) in the Philippines deferred the submission of bids for the ticketing system of the country's rail transportation systems.
The Merrill Lynch unit of Bank of America corp would pay USD 160 million to settle a discrimination lawsuit filed by African-American financial advisers.
