According to sources, Google voluntarily complied with the initial inquiry of the Federal Trade Commission on its Waze acquisition earlier this month although it has not yet reached a level of investigation

Spain's Repsol will look into a non-cash offer over the expropriation of its majority stake in energy firm YPF, a source said.

Flagstar Bancorp Inc had agreed to pay $105 million to Assured Guaranty Ltd as settlement to a lawsuit against the bank for misrepresenting loan quality contained in $900 million of mortgage-backed securities.

Kuwaiti Sheik Meshal Jarah al-Sabah sued UBS AG in a Dubai court valuing the case at US$21.4 million.

Billionaire Kumar Mangalam Birla's daughter Ananyashree Birla offered credit to women in villages in Maharashtra state.

Lloyds Banking Group asked for a two year extension from the European Commission for the sale of its 631 branches.

Barclays is under investigation by German tax authorities for possible tax evasion according to German newspaper.

Bank regulators are now considering increasing the simple leverage ratio to 6%. (Photo : REUTERS)The JP Morgan Chase & Co. headquarters is pictured in New York In a surprising move, US regulators are now studying a proposal to double the minimum capital requirements for its largest banks.

The contraction of the economy and cash shortages have been stretching the management abilities of the newly installed leadership of the Chinese Communist Party.

Fed Reserve Chairman Ben Bernanke's remarks have caused major tumbles in world financial markets.