After Two Years, Bank of America Is Finally Set For Settlement Trial

The Manhattan State Supreme Court finally got Bank of America set for trail with its US$8.5 billion settlement with home loans bundled into securities.


Smallest Gains for London’s Luxury Homes Since 2009

London's luxury homes experience the smallest gains since 2009 as the decline was listed at 0.3% from December of last year.

SAC Insider: Most Client Cash Will Be Redeemed by 2014

SAC Capital Advisors LP are faced with more clients redeeming their money that is predicted to be all gone by 2014, says SAC insider.

Brent Crude Trades Lower Than US$100 Per Barrel

Brent Crude trades lower than US$100 per barrel after OPEC keeps its production target constant. (Photo : Reuters)A gas station employee filling up a vehicle.


Latest News

DBS Group Holdings Ltd. has extended the deadline to takeover PT Bank Danamon Indonesia from Temasek Holdings PTE.
Dubai shares moves up to its highest since 2008 and could end up being reclassified by HSBC to emerging market status.
SAC Capital Advisors LP is bracing for more than US$3.5 billion redemption notices from outside investors.
Mayor Kevin Johnson's efforts to retain the NBA franchise in the city of Sacramento succeeds after its approval by the NBA Board of Governors.
ENRC founders together with the Kazakh government is seeking to privatize the mining firm. The three pillars of Eurasian Natural Resources Corp is set to lead a consortium seeking to privatize the mining firm.
Telecom Italia Chairman Franco Bernabe, through an interview, updates the process of the buyout from Hutchison Whampoa.
ISS advises its shareholder clients to accept the bid of Softbank over Dish Network for Sprint. (Photo : Reuters)The image is the logo of the largest US proxy advisor firm, ISS.
HSBC is planning to sell off shares totalling of 98.94% of its stake with the PT Bank Ekonomi in Indonesia.
Erajaya Swasembada and Foxconn Technology Group are said to be discussing a deal of partnership for the Indonesian market.
The Kingdom Hotel Investment sells a hotel in Mauritius to Hawaiian-based Outrigger Hotels and Resorts.