Wells Fargo said it had intended to expand its fund services clients in the Asian region by as much as 20% a year.
Sectors
Removing Fannie and Freddie from the mortage market is a challenge: analysis
Bethany McLean of Reuters wrote that it would be a challenge to remove government sponsored enterprises from the US mortgage market.
Encouraging euro zone indicators and US trends hints at positive global economic recovery: analysts
Eurozone indicators and US trends point to a recovery in the global economy. Positive results from business surveys conducted in the Euro Zone as well as encouraging trends in the US all point to better prospects for the global economy.
Federal judge allows FIRREA law interpretation against Bank of America
A federal judge allowed the lawsuit filed by the Justice Department against a unit of Bank of America to proceed by endorsing a broad interpretation of the FIRREA.
EU looks at using economic pressure to end violence in Egypt
The European Union said it would study the possibility of using economic pressure to end the bloodshed in Egypt.
Latest News
Al Jazeera America filed a lawsuit against AT&T for terminating their contract unfairly. Al Jazeera America filed a case against AT&T for unfairly terminating their Affiliation Agreement.
A federal judge upheld a jury decision against Marvell Technology on the patent infringement case filed Carnegie Mellon University.
The sales of US homes unexpectedly fell in July that had caused the US dollar to plunge against the Euro.
Argentina lost an appeal in a 2nd district circuit court in New York and deemed to wait until the US Supreme Court had finished reviewing their case.
Time Warner Cable offered free antennas for its cable subscribers after CBS had shut down cable programs
Mt. Gox's financial worries further increased after the US Department of Homeland Security took USD2.9 million from its Dwolla account and another USD2.1 million worth of frozen assets from the company's Wells Fargo accounts.
HopeFed Bancorp Inc. announced today that it had signed a Mutual Termination Agreement to end a previous merger contract with Sumner Bank & Trust of Gallatin Tennessee.
Uber, a startup company, confirmed that it had raise a total of USD258 million from Google Ventures and TPG and had taken several new members into its Board of Directors.
The central bank of Brazil had created an intervention plan of USD60 billion in loans and foreign currency swaps as inflation threatened the country's economy following the plunged of the real to a four year low this week.
