Legal & Regulatory

Deutsche Bank Needs More Capital under Basel Proposal

To achieve the 3% leverage ratio target proposed by Basel, analysts claimed that Deutsche Bank still has to increase its capital or decrease its assets by 409 billion Euros.


Gazprombank rather wait, postpones negotiations on Swiss Franc Tier 2 Bond Deal

Russia's Gazprombank has withdrawn from the Swiss franc Tier 2 Bond deal, source revealed. (Photo : maximzimin. com)Gazprombank pulls out of deal allegedly While the third largest bank belonging to the Russian Federation, Gazprombank, has yet to give an official statement on this move, the source confirmed that the bank preferred to wait for better market conditions before continuing on with the Swiss Franc Tier 2 deal.

Dayli Admitted to Concept Failure, Filed for Restructuring

Dayli, an Austrian drug store chain acknowledged that its neighborhood stores concept is not effective, and therefore filed for a restructuring on Thursday.

Infant Milk Price Cuts from Nestle and Danone as a response to China's probe

Two food giants, Nestle and Danone faced China's probe on the food sector for unethical practices with price cuts on infant milk formula.


Latest News

James Packer’s Crown Ltd advanced on to the third stage of government approval process beating rival proposal from Echo Entertainment Group.
IHS Inc. was granted early termination of waiting period for its acquisition of RL Polk & Co under the Hart-Scott-Rodina Antitrust Improvements Act of 1976, subjected to the satisfaction of closing conditions.
GSK under scrutiny from China's NDRC. (Photo : Reuters)GSK under probe in China The National Development and Reform Commission or NDRC began a survey concerning production costs of over 60 firms situated in China.
Bank of America expected to face Texas lawsuit and its corresponding fees (Photo : Reuters)Bank of America expected to face property fee suit filed Nueces County, Texas Bank of America Corp.
JP Morgan's US$546 million settlement with MF Global Trustee finally resolved (Photo : Reuters)JP Morgan $546 million settlement with MF Global relsolved US Bankruptcy Judge Martin Glenn and US District Judge Victor Marrero finally approved the settlement deal for JP Morgan Chase & Co.
Owning Bitcoin could become illegal if governments outlawed the digital currency due to unusual risks and decentralization.
JP Morgan Chase cleared Hannam of market abuse charges today. (Photo : Reuters)This is the logo of JP Morgan Chase. Ian Hannam said today that JP Morgan Chase & Company cleared him of any charges previously attributed to him.
Unipol dropped its own appeal against Italy's anti-trust regulator decision. The ruling required Unipol to sell US$2.2 billion worth of assets.
The Reserve Bank of India is implementing a notification for private placements from non bank financial firms.
Rifco Inc. issued common shares to employees under its Employee Share Ownership Plan. (Photo : Reuters)TSX Venture Exchange is a Canadian stock exchange that trades Rifco shares.