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.
Legal & Regulatory
Rongsheng Share Trading in HK Bourse Halted
Shipbuilder Rongsheng shares were stopped from trading in the Hong Kong Stock Exchange. (Photo : Reuters)The image is the Rongsheng Shipyard now under pressure.
Carbon Market Glut-Fix Plan gains Approval from EU Parliament
The European Parliament approved a plan that would fix carbon market glut and resolve problems regarding its price plunge.
Packer’s Crown Beats Echo Proposal
James Packer’s Crown Ltd advanced on to the third stage of government approval process beating rival proposal from Echo Entertainment Group.
IHS Receives Hart-Scott-Rodino Approval for Acquisition of R.L. Polk
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.
Latest News
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.
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 Holdings Plc settled with the federal and state investigators's charges against it for US$1.92 billion.
Barclays may need to cut down on lending to comply with the Bank of England's leverage ratio requirements.
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.
