Private equity insurance deals stalled by authorities' probe. The sale of private equity insurance encountered a road block as regulators decided to review these transactions.
Legal & Regulatory
Nasdaq Asks Judge to Dismiss Facebook IPO Role Suit
Nasdaq asked a judge to dismiss lawsuits filed by investors and argued that it is a self regulatory organization and could not be sued for actions taken as a part of its regulatory responsibilities.
HSBC settles a record US$1.92 billion money-laundering case
HSBC Holdings Plc settled with the federal and state investigators's charges against it for US$1.92 billion.
Barclays to cut down lending to comply with PRA rules
Barclays may need to cut down on lending to comply with the Bank of England's leverage ratio requirements.
European Commission Extends Review Period for Crane Co Acquisition
Crane Co, a diversified maker of engineered industrial products said today that the European Commission has extended its initial review period for the acquisition of MEI Conlux.
Latest News
Sinovel was charged with stealing AMSC's trade secrets and using the same illegally. (Photo : Reuters)Sinovel imported its wind turbines to the US.
China started its investigation on the "dumping" of EU wine in the country. (Photo : Reuters)Chinese authorities started probe on EU wine imports today.
Citi Group would pay Fannie Mae US$968 million for potential mortgage repurchase claims incurred between 2000-2002.
Banks, Markit, and ISDA were charged with cutting off two credit derivatives transactions by the EU.
Sinovel, formally charged with source code theft, divested four of its units outside China. (Photo : Reuters)This is the headquarters of Sinovel in China.
The European Union accused 13 investment banks for conniving against rivals in the credit derivatives industry.
The government of India may allow foreign retail stores such as Walmart and Tesco to come into the industry without any of those conditions given that their multi-brand retail venture is less than 50%.
Canadian investors fear the lack of transparency and inappropriate conduct from Pakistani government.
TrimTabs has reported losses amounting to US$47.2 billion for bond mutual funds and bond ETFs. (Photo : Reuters)The image is the gold inset sign of Wall Street.
