Sources told Bloomberg that hedge funds were asking the consumer bureau to investigate World Acceptance Corp.
Legal & Regulatory
BaFin announces top to bottom review of RHJI acquisition of Deutsche Bank's BHF Bank.
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.
DoT seeks opinion on legality of fine imposition on Uninor
To provide credence to their power to fine, the Telecommunications Department had a legal opinion drafted on the matter.
Claims of money laundering haunt Urban Cooperative Banks
A meeting of local and state financial authorities relate the possible misuse of Urban Cooperative Banks by unscrupulous money launderers.
India imposes anti- dumping duty on imported paracetamol
Paracetamol is an active ingredient in many drug formulations which now is subject to a USD787 per tonne anti-dumping duty.
Latest News
Ally Financial wrote down a USD170 million charge for its third quarter earnings after reaching a settlement with two US housing regulators.
Former Co-operative Group chief executive Barry Tootell said he and other company executives had doubts over the capability of the mutual fund to acquire 632 Lloyds Banking Group branches for USD750 million.
Intellectual Ventures (IV) wanted to collect a combined USD310 million in patent licensing fees from security firms Symantec and Trend Micro.
An anonymous People's Bank of China (PBOC) official had met with local money dealers in the bank's efforts to stave off investor worry about rising short-term rates.
Judge Mariana Pfaelzer of the US District Court of Los Angeles temporarily approves Countrywide settlement for devalued residential mortgage backed securities.
A Wall Street Journal report cited sources who said Morgan Stanley plans to seek approval from the US Federal Reserve regarding its plans to widen its share repurchase program.
Chrysler amended some of the statements it made for its initial public offering filing. Chrysler Group made changes to its registration statement for its initial public offering.
A stockholder of NQ Mobile Inc filed a case against the Chinese firm for incurring losses after a research report said NQ had inflated its revenues.
A report from the Associated Press revealed that more US troops were taking refuge in military lipo to meet strict physical fitness requirements.
