European stocks fell as the German court began hearings on ECB's bond-buying proposal. Due to Bank of Japan's (BOJ) refusal to undertake programs for stimulus expansion, stocks from Europe fell.
Legal & Regulatory
Government gives big banks 2 years to comply
Bank of America, Chase, CitiGroup and other big banks were given two years to comply with the Dodd-Frank requirement that pushed swaps trading out of banks.
Coda affiliates file for bankruptcy
Lio Energy Systems Holdings and Miles Electric Vehicle filed for Bankruptcy last May 1. Sales have been slow for the electric automobile company. The same mishap has been experienced even by industry leaders GM, Ford, Nissan, and Honda Motor Co, when despite their heavy investments still experienced slow sales from electric vehicles.
Ambow Facing Court Ordered Liquidation
Ambow Education has been ordered liquidated by a Cayman Islands court. (Photo : Reuters)The image is the team logo of Avenue Capital Group. Ambow Education Holdings Ltd of China was ordered by a court to go into provisional liquidation.
Updates on – Australia’s Virtus IPO
Virtus Health Pty Ltd great IPO start at 7% its premium and brings possible renewed interest on investing at private equity-backed firms.
Latest News
Fannie Mae and Freddie Mac challenged the US through a lawsuit filed in the US Court of Federal Claims after stating that the takeover of the Federal Housing Finance Agency in 2008 was illegal and damaging to the companies.
Las Vegas Sands Corp asked trial judge in Nevada to cancel the US$101.6 million verdict award in favor of businessman Richard Suen.
Telus drops plans to buy-out Mobilicity. (Photo : REUTERS)Canada's 2nd largest wireless company The transfer of the license for Mobilicity's wireless spectrum to Telus was declined.
The Reserve Bank of India (RBI) fined three banks that includes Axis Bank, HDFC Bank and ICICI Bank for violating the "know your customer" policy.
Robert Ramnarine, former Bristol-Myers executive pleaded guilty to the insider trading charges filed against him.
The following bids, mergers, acquisitions and disposals were reported on Monday. The following bids, mergers, acquisitions and disposals were reported on Monday.
The Reserve Bank of India enforces penalties against three banks for money laundering and fraud violations.
Greece is required to sell off its energy company shareholdings as part of their bailout deal. (Photo : REUTERS)A Greek flag flies behind a statue to European unity outside the European Parliament in Brussels The largest refinery in Greece, Hellenic Petroleum was one of the assets identified in the privatization plan of the country.
Wal-Mart CEO Michael Duke is under fire after allegations of bribery of the Mexican government. (Photo : Reuters)Wal-Mart Stores Inc, which is facing bribery investigations by the U.
