American Airlines said that the scheduled March trial for antitrust issues would put its planned merger with US Airways Group at risk.
Legal & Regulatory
RHJ says German regulator to give decision on BHF purchase by end of September
RHJ International had said that Germany's banking regulator would probably give its decision on its planned acquisition of BHF-Bank by September's end.
Martin-Artajo awaits extradition process in JPMorgan “Whale” case
Although Javier Martin-Artajo had bought himself time by getting arrested in Madrid, lawyers involved in getting the JP Morgan ex-employee back believed that his extradition, though delayed, was inevitable.
US judge dismisses iShares compensation case against Blackrock
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.
US widens probe into JPMorgan hiring practices - Bloomberg
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.
Latest News
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.
The Thai government would be looking to appeal Philip Morris International Inc's victory in tobacco case requiring larger health warnings on cigarette packs.
A 2009 lawsuit brought against Charles Schwab & Co Inc had been revived by a New York state appeals court.
A source told Reuters that JPMorgan has bee pressured by finance authorities to settle at least USD6 billion in mortgage claims.
U.S. Justice Department asked a federal court to set trial date on March 3 to hear arguments on whether it should halt a planned merger between US Airways and American Airlines.
