Raiffeisen Bank International Chairman says that it would tighten compliance rules due to the latest Stepic controversy.
Legal & Regulatory
Google Purchase of Waze Creates Ripples
Google's US$1.3 billion purchase of Waze would create a ripple effect deep into the Israeli economy.
Exide Tech seeks bankruptcy
Battery producer Exide Technology files for Chapter 11 bankruptcy after losing against competition. Global battery producer Exide Technologies filed for bankruptcy after it faced $31 million in interest payments in August and losing against rivals.
Indian Communications Minister to Meet with Telecom Firms to End Lawsuits
Kapil Siba, Indian Communications Minister, has called to meet different telecom companies to end lawsuits after a decrease in overseas investment transpired in the country.
Royalty Pharma Urges NY Federal Court to Proceed With Elan Bid
Royalty Pharma urged the federal court in New York to lift the temporary restraining order it has ordered for the Royalty-Elan bid.
Latest News
French President Francois Hollande calls out European Union to resolve the row with China on importations.
Whittier Trust Co. and fund manager Victor Dosti agreed to pay around US$1.68 million to settle the civil regulatory case filed against them.
US Bankruptcy Court Judge, Christopher Sontchi granted planned acquisition deal without legal challenge between Micron Technologies Inc. and Elpida Memory Inc.
The Federal Communications Commission through its website announces no objection with the SoftBank offered bid of US$20.1 billion to acquire Sprint Nextel.
China's Securities Regulatory Commission became stricter as its new Chairman, Xiao Gang aims to tackle fraud crack down to protect investors.
China's regulatory watchdog has unveiled new IPO rules. Last Friday, the Chinese government had published new draft rules designed to improve the transparency and pricing structure of initial public offers in its domestic stock markets.
Walmart and Tesco are restricted to acquire existing Indian retailers because of the new policy set by the Indian government stating foreign companies should start from scratch.
Royalty Pharma's bid was threatened to be dismissed after the takeover panel released rulings that the US based company could no longer revise the terms on its proposed deal.
JPMorgan Chase & Co. (JPM) loses its challenge to the cost-recovery plan that the California grid operator requires as set by the Federal Energy Regulatory Commission (FERC).
