JP Morgan Chase & Co. was mandated to pay USD389 million in penalties and restitution after the bank was alleged in unfairly charging its customers for credit monitoring programs.
Investors
JPMorgan Chase & Co, Gates Foundation form Global Health Investment Fund
JPMorgan Chase & Co and the Bill & Melinda Gates Foundation formed the Global Health Investment Fund to combat deadly diseases in developing countries.
Farmer Mac courts investors even with talk of farm bubble- report
Farmer Mac has continued to pitch itself to potential investors even as analysts continue to warn of a fall in farmland prices in 2014.
Donations to US colleges rebound - report
A Bloomberg report showed how gifts to institutions of higher learning in the US had rebounded this year.
Abraaj Group exits from DMMC
The Abraaj Group announced its exit from the Daniel O. Mercado Medical Center (DMMC). The Abraaj Group said it had exited from its investment in Daniel O.
Latest News
Chiel Industries Inc., a unit of Samsung Group, announced to sell its fashion business and focus more on electronics materials.
The sales of BlackBerry BB10 devices in India dropped to more than half so far this year, said a report from The Economic Times.
The world's richest soccer club Real Madrid scrapped its soccer resort plan in UAE after payments defaulted with no provided guarantees.
New Treasuries demand showed a solid improvement following the retreat of Wall Street dealers and rising yields.
According to Philippine Central Bank Governor Diwa Guinigundo, the country had been prepared for the eventual stimulus reduction by the US Federal Reserve.
Brooklyn Brewery would open a brewery in Stockholm in collaboration with Carlsberg A/S, D. Carnegie & Co. and a few private investors.
AirAsia India investor Arun Bhatia said he would question the Tata-Singapore Airlines joint venture after claiming he and AirAsia head Tony Fernandes were not informed about the transaction.
Hong Kong's Wing Hang Bank Ltd. and Chong Hing Bank Ltd. might go on sale after valuations approached levels that were last seen during the 2008 global financial crisis.
Wang Jianlin announced his biggest single investment in the movie and television industry valued USD8.17 billion.
