North America

Dodd Frank Now Becomes Brown Vitter Legislation

Brown Vitter seeks to remove the issues created in the banking world that Dodd Frank started. How the tides have turned. A year ago, the big US banks lobby was focused on the amendment and/or total repeal of the Dodd-Frank financial reform law.


Bayer AG Purchases Conceptus

Bayer AG purchases US contraceptive maker Conceptus. Bayer AG of Germany has entered into an agreement to purchase Conceptus, the American contraceptives maker for US$1.

Mitsubishi UFJ Financial Group Lands Two Major Deals

Mitsubishi UFJ Financial Group deals with Morgan Stanley and Deutsche Bank AG for deals. The American unit of Mitsubishi UFJ Financial Group Inc is in discussion about its sale of its trust banking services to clients of Morgan Stanley.

US economic indicators show tough week ahead

While many indicators say that there would be a worldwide economic slowdown, central banks aim to reverse or even control that.


Latest News

According to Morningstar's analysis, Vanguard Global REIT offers stable returns on investment.
McClendon, after his exit from Chesapeake Energy, is now undertaking a new venture, American Energy Partners.
With the proposed US$400 billion asset ceiling and 10% equity retention limit, banks may be forced into complicated situations.
BD Diagnostics inks a distributor agreement with Bruker Daltronics Inc. In an announcement it was disclosed that BD Diagnostics inked an international distributor agreement with Bruker Daltonics Inc.
MBIA engages the law firm of Weil, Gotshal and Manges on ways to avoid rehabilitation of its structured finance business unit.
Valeant Pharmaceuticals is in discussion to acquire Actavis for about US$13 billion. Valeant Pharmaceuticals International Inc, the largest publicly listed drug maker in Canada, is in discussion to purchase generics pharmaceutical firm Actavis Inc for US$13 billion.
Vodafone shareholders, should the US$100 million bid be offered, wants to either merge with Verizon Communications.
PIMCO's head of credit portfolio management is seeking to acquire investments and loans that have high risk but provide high returns.
Recent research indicate US investors are again looking to snap up real estate ventures and investments located overseas.
SEC Chair Jo White is caught between a promise made during her confirmation hearings and the ire of consumer advocates she has sworn to protect.