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Legal

HSBC-Europe

HSBC, Nomura Lose Bid to Block U.S. Regulator Lawsuits

29/08/2014(0)
HSBC Holdings Plc (HSBA) and Nomura Holdings Inc. (8604) lost a bid to block claims by a U.S. regulator the banks say were brought too late, clearing the way ... Read More
bank of america

Bank of America seeks to void verdict in $1.27 billion ‘Hustle’ case

29/08/2014(0)
Bank of America Corp on Thursday asked a federal judge to throw out a jury verdict finding it liable for fraud over defective mortgages sold by its Countrywide unit ... Read More
deloitte

Wachtell to pursue Deloitte in HP Autonomy row

28/08/2014(0)
Wachtell Lipton Rosen & Katz is to pursue Deloitte on behalf of Hewlett-Packard (HP) in an escalation of the company’s row with software firm Autonomy over its doomed 2011 ... Read More
Apple logo is pictured on the front of a retail store in the Marina neighborhood in San Francisco

Apple loses bid to block sales of 9 Samsung phones

28/08/2014(0)
A federal judge has rejected Apple’s attempt to block the sale of several older Samsung smartphones that copied features in the iPhone. Wednesday’s rebuff comes nearly four months after ... Read More
PwC-building

PwC must face $1 billion lawsuit over MF Global advice

28/08/2014(0)
A federal judge on Wednesday ordered PricewaterhouseCoopers to face a $1 billion (603 million pounds)lawsuit claiming that its bad accounting advice was a substantial cause of the October 2011 ... Read More
stocks-traders -tyson

Tyson wins U.S. Justice Dept antitrust nod for Hillshire deal

28/08/2014(0)
Tyson Foods Inc (TSN.N), the largest U.S. meat processor, on Wednesday won U.S. antitrust approval for its $8.5 billion purchase of Hillshire Brands Co (HSH.N). To win approval for ... Read More
George-Soros

BNY Mellon hit as Argentina revokes licence

27/08/2014(0)
Bank of New York Mellon was yesterday hit by a double whammy after Argentina stripped its licence to operate in the country. And it was revealed that George Soros ... Read More
Merrill Lynch building is shown in downtown San Diego, California

Merrill Lynch gets fine of $1.2 million for supervision failures

27/08/2014(0)
The U.S. futures regulator said on Tuesday it had fined a unit of Bank of America Corp $1.2 million for failures to supervise the processing of fees charged to ... Read More
large_Hank-Greenberg-exits-court-061509

U.S. loses bid to dismiss ex-AIG CEO’s $25 billion lawsuit over bailout

27/08/2014(0)
A federal judge has rejected the United States’ bid to dismiss a more than $25 billion lawsuit filed by Maurice “Hank” Greenberg, the former chief executive of American International ... Read More
exxon

Exxon Mobil unit to pay $1.4 million penalty

27/08/2014(0)
An Exxon Mobil Corp unit has agreed to pay $1.4 million to resolve U.S. government claims over a 2012 crude oil spill in Louisiana, the U.S. Justice Department said ... Read More
Broker Cyprus TopFX