A 2009 lawsuit brought against Charles Schwab & Co Inc had been revived by a New York state appeals court.
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Janes departs as co-head of investment banking at Barclays Australia
Daniel Janes stepped down as co-head of investment banking for Barclays PLC to "pursue new challenges," according to an internal memo held by Reuters.
Syrian Electronic Army owns hack on New York Times and Twitter
The Syrian Electronic Army took responsibility of hacking sites like the New York Times and Twitter by targeting host Melbourne IT.
Cash flow concern pushed three directors to resign, says Suntech
Three Suntech Power Holdings Co Ltd directors resigned amid the company's struggling financial difficulties.
PwC pension fund to buy stake in German skyscraper
A PricewaterhouseCoopers (PwC) pension fund had been talking with CA Immo on buying a stake in Tower 185, Germany's fourth-tallest skyscraper.
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A source told Reuters that JPMorgan has bee pressured by finance authorities to settle at least USD6 billion in mortgage claims.
Crowdfunding sites like Kickstarter would now be used by entrepreneurs to find testers for their products.
Australia's AGL Energy Ltd said that weakened demand prompted the company to delay the development of its power plants.
Plains All American Pipeline LP offered USD740 million in stock to buy the 54% of PAA Natural Gas Storage LP that it does not already own.
A Philippine regulator postponed the bid for a ticketing system to be used by the MRT and LRT. The Department of Transportation and Communications (DOTC) in the Philippines deferred the submission of bids for the ticketing system of the country's rail transportation systems.
AssuredPartners closed its purchase of GBP Risk Solutions, an Arizona-based insurance firm. Florida-based AssuredPartners Inc announced the completion of its acquisition of Golseth & Gregson Insurance Services which does business as GBP Risk Solutions.
The Merrill Lynch unit of Bank of America corp would pay USD 160 million to settle a discrimination lawsuit filed by African-American financial advisers.
Sources told Bloomberg that Inner Mongolia Sanwei Resources Group Co submitted an application for an IPO in Hong Kong worth USD 200 million.
The US Court of Appeals in Denver ruled for the National Credit Union Administration and allowed it to use the extender statute to pursue its claims against big banks regarding MBS.
