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.