Legal & Regulatory
After Two Years, Bank of America Is Finally Set For Settlement Trial
The Manhattan State Supreme Court finally got Bank of America set for trail with its US$8.5 billion settlement with home loans bundled into securities.
Brent Crude Trades Lower Than US$100 Per Barrel
Brent Crude trades lower than US$100 per barrel after OPEC keeps its production target constant. (Photo : Reuters)A gas station employee filling up a vehicle.
Greenlight for latest Greek bailout tranche given
After completion of prerequisites, the second tranche of the Euro bailout plan for Greece was released.
UBS AG French unit under investigation
UBS AG France is under investigation for its bank practices. (Photo : Reuters)The image is the UBS sign on its corporate headquarters. The French unit of UBS AG has been placed under formal inquiry as part of an investigation started in 2012 over the practices conducted by the bank in France, according to a spokesperson.