Blackrock Inc victorious in court battle as U.S. district judge dismisses compensation lawsuit. A U. S. judge dismissed a lawsuit filed against BlackRock claiming it looted securities-lending revenues from iShares exchange-traded funds investors.
Legal & Regulatory
TH Lee Partners LP obtains dismissal of conspiracy charges filed against them
TH Lee Partners LP is discharged as a defendant in the case of an 'overarching' conspiracy regarding buyouts and the collusion between private equity firms.
JPMorgan conducts internal bribery investigation
JP Morgan had conducted an internal probe on approximately 200 employees in Asia regarding the possibility of illegal nepotism.
EU will approve Nynas's Royal Dutch Shell deal - source
A source told Reuters that the European Union Commission will approve Swedish oil refiner Nynas and Royal Dutch Shell's deal despite antitrust concerns.
Philippine regulator declares failed bidding for LRT 1 extension project
A Philippine regulator said that the bidding for the LRT Line 1 Cavite extension project had failed.
Latest News
US government widened probe into JPMorgan's hiring practices to include countries across Asia. An investigation into JPMorgan's hiring practices in China uncovered evidence that links hires to specific deals.
Blackstone finalized a settlement with its investors over alleged misrepresentations during its IPO.
After global food safety scare, Danone SA unit plans to take legal action against New Zealand's Fonterra.
American Airlines said that the scheduled March trial for antitrust issues would put its planned merger with US Airways Group at risk.
Goldman Sachs' managing director Jason Lee had been indicted with rape by a grand jury. Jason Lee, managing director at Goldman Sachs Group Inc. was charged with rape.
The US Senate investigation panel had asked energy regulators to hand over documents from an investigation with JP Morgan Chase & Co.
JP Morgan Chase & Co. said that M&As within the UK water industry still exits amid regulatory price review.
China's corruption goes on overdrive with PetroChina officials falling in its wake. In a widening effort to push its anti-corruption campaign, China has included the country's most valuable company in its dragnet.
Deutsche Telekom was cleared of any wrongdoing in lawsuit filed by Kabel Deutschland. Deutsche Telekom emerged victorious when a Frankfurt court dismissed an overcharging case filed against the telecommunications company.
