Herman Gref, the Chief Executive of state-run Russian bank OAO Sberbank, has called on the Kremlin to prevent restrictions to the Bitcoin as lawmakers consider curbs, Bloomberg reported.
Legal
Hedge fund manager George Jarkesy Jr asks Washington federal court to block SEC hearing
George Jarkesy Jr, a hedge fund manager, has filed a case in a Washington federal court to block a hearing by the US Securities and Exchange Commission which alleged that he defrauded hedge fund investors, Bloomberg reported.
China auditors ban may lead Chinese firms to list in Hong Kong than New York- report
A ruling from a US court that banned the affiliates of the four biggest accounting firms may lead Chinese companies to seek an IPO in Hong Kong than in New York, Bloomberg reported.
England-based firm QualitySolicitors secures multi-million investment from Palamon Capital
Leicester, England-based legal franchise QualitySolicitors secured a multi-million-pound investment from its majority shareholder, Palamon Capital Partners, to drive its expansion plans in the UK for 2014.
Online legal startups plans to demystify and make law less expensive- report
Online legal startups like LegalForce, RocketLawyer and others intend to bring law closer to the people and make it less expensive in the process, the San Jose Mercury News reported.
Latest News
Cooley LLP announced today that 2013 was a record year for capital markets work. Cooley advised on a total of 60 public offerings in 2013, including 23 initial public offerings, raising more than $8.4 billion.
JPMorgan ceases work on Chinese IPO candidate as US regulators investigate hiring practices- sources
JPMorgan Chase & Co has stopped working on the planned initial public offering of Chinese firm Tianhe Chemicals as US regulators continue its probe of the bank's hiring practices in China, Reuters reported.
The Federal Reserve is optimistic that the US economy will grow strong this year and is expected to announce the next reduction of its bond-buying program on January 28-29, the Wall Street Journal reported.
The Bank of Finland said that digital currencies like the Bitcoin cannot be considered an official currency but is more comparable to a commodity, Bloomberg reported.
The Office of the New York Attorney General will continue with the lawsuit without claim to damages it lodged against Bank of America over its 2009 purchase of Merrill Lynch, Bloomberg reported.
The Office of the Comptroller of the Currency ordered Rabobank in December to straighten out the issues plaguing its anti-money laundering programs in an order made public recently, Reuters reported.
Gary Newsome, a former CEO of Health Management Associates Inc, was named a defendant of a whistleblower lawsuit alleging kickbacks at the company, Bloomberg reported.
Apple and Samsung consented to have a mediator to help put an end to their patent disputes before their next trial will begin in March, Bloomberg reported.
The Knesset or the Israeli parliament has voted to approve the dismantling of the corporate conglomerates in the country to overhaul the economy and address the issue of inequality.
