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Legal

JPMorgan

JPMorgan faces cyber attack with more than 76 Million accounts compromised

03/10/2014(0)
The disclosure by the bank dwarfs earlier estimates that hackers had gained access to roughly one million customer accounts. A cyberattack this summer on JPMorgan Chase compromised the accounts ... Read More
Fannie Mae in Washington

Fannie, Freddie shares slump after investor lawsuits dismissed

02/10/2014(0)
Shares of government-controlled Fannie Mae (FNMA.OB) and Freddie Mac (FMCC.OB) plummeted on Wednesday, the day after a judge upheld the U.S. Treasury’s right to seize the mortgage finance companies’ ... Read More
apple

WiLan says loses LTE patent case against Apple

02/10/2014(0)
WiLan Inc (WIN.TO), a Canadian patent licensing company, told that a U.S. judge had ruled in favor of Apple Inc (AAPL.O) in a litigation case against it. “WiLan has been ... Read More
eu us

Arbitration may be dropped from EU-US trade deal

30/09/2014(0)
The EU’s incoming trade chief on Monday raised the possibility that controversial investor protections which she described as politically “toxic” could be dropped from a new transatlantic trade deal, ... Read More
argentina

Judge finds Argentina in contempt in bond payment case

30/09/2014(0)
For more than a year, Judge Thomas P. Griesa of Federal District Court in Manhattan has warned that Argentina would suffer repercussions if it defied his orders regarding payments ... Read More
aig-picture

AIG Trial Begins for the Case of Hank Greenberg

30/09/2014(0)
The case of Starr International Co. Inc. v. United States is about the legality of Washington’s move to stave off AIG’s bankruptcy in exchange for about 80 percent of ... Read More
The logo of UBS bank

Swiss bank UBS started FX trading settlement talks

29/09/2014(0)
UBS, Switzerland’s largest bank, has begun settlement talks over allegations it was involved in manipulating foreign exchange rates, the bank said, and warned that it could face a material ... Read More
miuccia-prada

Prada’s CEO being investigated by Italian authorities over tax

29/09/2014(0)
Italian luxury fashion house Prada SpA said on Monday its chairwoman Miuccia Prada and her husband, chief executive officer and fellow shareholder Patrizio Bertelli, are under investigation by Italian ... Read More
apple

Illegal Irish corporate tax deals for Apple

29/09/2014(0)
Preliminary findings of an investigation into tax deals have found Apple Inc.(AAPL.O) being accused of benefiting from illicit state aid in Ireland after striking illegal deals with Irish authorities and will ... Read More
Chinese flag

China uncovers $10bn fake trading of finance companies

26/09/2014(0)
China has uncovered $10bn (£6.1bn) worth of fake trades as part of a nationwide crackdown on finance companies. The currency regulator said 15 fraud cases had been handed over ... Read More
Broker Cyprus TopFX