The Federal Reserve announcement that it would continue with its monthly bond purchases caused US stocks to drop.
Legal & Regulatory
Citigroup Inc. and JPMorgan Chase & Co. decide to put their top London currency dealers on a sabbatical after regulatory probe ensued, according to three sources.
Investment banks Citigroup Inc. and JPMorgan Chase & Co. put their top London currency dealers after regulatory probe.
OGX sells stake in unit hours before seeking bankruptcy protection
OGX Petroleo & Gas Participacoes sold the stake it held in its only producing asset shortly before filing for bankruptcy.
Federal Home Loan banks drop objections to BofA settlement of Countrywide
Three Federal Home Loan Banks withdrew their objections at the settlement of a New York lawsuit offered by the Bank of America for its Countrywide unit.
Merger settlement considered between US Airways and American Airlines
A billion dollar merger has been settled between US Airways Group and American Airlines In the hopes of winning regulator approval of the USD11 billion merger, US Airways Group and American Airlines considered to give up landing and take-off slots at the Washington Ronald Reagan National Airport.
Latest News
The US central bank said it was going to continue its purchases of bonds worth USD 85 billion a month to keep interest rates low.
Infosys settled with US Department of Justice for US$34 million over visa fraud case. Infosys Ltd. , has announced that it has entered into a settlement with the U.
The term sheet indicated a USD150 million note with a maturity of five years for Modern Land offered to the bond market.
Deutsche Bank China was granted an interbank bond settlement license. An interbank bond settlement agent license was obtained by Deutsche Bank China from the People's Bank of China.
Microsoft sought an approval from the European Commission to take over Nokia's phone business in USD7.49 billion deal.
BaFin had said they would review the whole transaction of RHJI purchase of BHF Bank. BaFin, the German financial watchdog, had announced last Wednesday it would be needing to start from scratch in the review of the sale of Deutsche Bank AG's unit BHF Bank after BlackRock had exited from the auction.
To provide credence to their power to fine, the Telecommunications Department had a legal opinion drafted on the matter.
A meeting of local and state financial authorities relate the possible misuse of Urban Cooperative Banks by unscrupulous money launderers.
Paracetamol is an active ingredient in many drug formulations which now is subject to a USD787 per tonne anti-dumping duty.
