The companies comprising the Kirch conglomerate testified the bank had assisted in the demise of the firm.
Legal & Regulatory
METRIX Capital Group closes latest funding round
METRIX Capital Group closed its latest funding round at USD5 million in pledged amounts for its alternative loan program.
Lower Indian wireless spectrum pricing - government panel
A panel from the telecom ministry recommended cutting down the price for wireless spectrum in India.
Zambian government at odds with Konkola Copper Mines
Issues over tax payments and retrenchment of workers caused Konkola Copper Mines to seek court intervention.
ING Groep NV says capital buffers sufficient for ECB testing
Regulatory authorities are reviewing the capital buffers ING Groep NV for real estate financial loans prior to ECB testing to be conducted.
Latest News
Chicago based law firm Freeborn & Peters had announced the hiring of Gary A. Jungels as Partner for its Corporate Practice Group.
Zamin Ferrous purchases Anglo American shareholdings in Amapa iron ore mine in Brazil. The mining consortium established by Pramod Agarwal, Zamin Ferrous, had completed the purchase of the Amapa iron ore mine located in Brazil.
Brussels had launched a full state investigation on the joint venture between Solvay and Ineos due to antitrust concerns.
ING Groep NV's Canadian online bank is to be known as Tangerine. ING Groep NV's Canadian online bank was purchased by the Bank of Nova Scotia.
The Norwegian oil fund sought prevented from investing in specific markets. The opposition Labour Party of Norway had proposed a ban on the country's USD800 billion wealth fund from investing in coal producers.
PPF Group NV agreed to purchase Telefonica Czech Republic's majority shareholdings. The PPF Group NV of billionaire Petr Kellner had agreed to purchase the controlling stake in Telefonica Czech Republic.
With vigorous criticism of the rules on banking exposure related to government related debt, the UAE central bank was forced to review the rules and study on how to lessen its harsh effects.
US Attorney General Eric Holder said his comments that confirmed talks of a settlement between American Airlines and the US Airways regarding the airline's planned merger.
Cooper Tire & Rubber and Apollo Tyres would be meeting in court today over its planned buyout deal.
