NEWS
February 2011
28 Feb 2011
America's big international banks may have to restructure and downsize their operations now, unless they can prove they will be easy to dismantle in another financial crisis...
28 Feb 2011
Abercrombie & Fitch postponed a special shareholders' meeting after the teen apparel retailer failed to win backing for a plan to move its incorporation to Ohio...
28 Feb 2011
A senior U.S. Treasury official said he did not see any national security concerns with Deutsche Boerse's…
28 Feb 2011
A federal appeals court on Monday gave new life to a shareholder lawsuit accusing MBIA Inc of securities fraud over a reinsurance transaction...
28 Feb 2011
Private equity firm Blackstone Group LP has struck a deal to buy nearly 600 U.S. strip malls and other properties from Australia's Centro Property Group...
28 Feb 2011
Politics may trump the idea of globalization in deciding the fate of a proposed takeover of the TMX Group, raising the specter of a second foreign-backed deal blocked by Canada in a matter of months...
28 Feb 2011
Ventas Inc said it will buy Nationwide Health Properties for about $7.4 billion in stock...
28 Feb 2011
Mutual fund manager Bruce Berkowitz got a big victory in his quest to shake up Florida landowner St Joe Co...
28 Feb 2011
Swaps dealers and corporate end-users have never been completely on the same side when it comes to regulating…
28 Feb 2011
Ventas Inc is to buy Nationwide Health Properties for $5.8 billion in a stock deal that strengthens its position as the biggest U.S. owner of senior housing and assisted living facilities...
28 Feb 2011
The United Arab Emirates government has an initial draft for a new bankruptcy law, an official at the ministry of economy said…
28 Feb 2011
The top attorney for the U.S. securities regulator was advised not to recuse himself from handling Bernard Madoff matters for the agency, even though his family's estate...
28 Feb 2011
Africa-focused copper miner Equinox Minerals threatened to kick off a bidding war on Monday by launching a C$4.8 billion unsolicited takeover of Canada's Lundin Mining, a move that could scuttle the...
28 Feb 2011
Glencore, the world's largest commodities trader, is briefing analysts ahead of a possible flotation that could be one of the biggest listings ever seen in London, sources familiar with the situation said...
28 Feb 2011
To get a measure of what financial markets think about plans to make trading in derivatives more uniform and transparent, ask no further than the regulators themselves...
28 Feb 2011
China faces acute environmental and resource strains that threaten to choke growth unless the world's second-biggest economy cleans up, the nation's environment minister said in an unusually blunt warning...
28 Feb 2011
Japan's Shinsei Bank said on Monday it would raise up to 69.4 billion yen ($850 million) by offering newly issued shares to overseas investors as it tries to bolster its capital base to meet tougher global rules...
28 Feb 2011
Hutchison Whampoa's ports unit is looking to raise as much as $5.8 billion in an initial public offering (IPO) in Singapore, allowing investors to tap into China's booming infrastructure business...
27 Feb 2011
Shares of Mizuho Securities Co and two other units of Mizuho Financial Group jumped on Monday after a source said Japan's second-largest bank plans to buy them out in a roughly $4 billion share swap deal...
27 Feb 2011
Malaysia's Sime Darby is considering a $2.5 billion plantation expansion deal in Cameroon, the Financial Times reported on Sunday, signalling the global grab for land is well underway as food prices soar...
27 Feb 2011
Australia's financial regulator has ruled certain assets, including quasi-sovereign bonds…
27 Feb 2011
Attorneys general in Massachusetts and Illinois have investigated State Street Corp's currency trading dealings…
27 Feb 2011
The Dodd-Frank Wall Street reforms of 2010 gave the U.S. government a weapon to slay the "too big to fail"…
27 Feb 2011
Italian luxury goods maker Ferragamo, whose shoes have been worn by stars including Marilyn Monroe and Al Pacino, is not considering a share listing in Hong Kong like its fashion peer Prada...
27 Feb 2011
Swiss commodities trader Glencore has opened up talks with sovereign wealth funds in China and Qatar to bring in a cornerstone investor ahead of its planned listing on the London Stock Exchange...
25 Feb 2011
States, local governments and public pension funds across the United States are objecting to a proposal by U.S. securities regulators…
25 Feb 2011
Supervisors will give an update mid-year on whether banks can count bonds that turn into equity at times of stress…
25 Feb 2011
Bank of America Corp said the wide-ranging probe into banks' foreclosure problems could lead to "significant" legal costs…
25 Feb 2011
U.S. regulators are investigating Citigroup Inc's subprime mortgage bond business, the bank said…
25 Feb 2011
Fund manager Legal & General Property it had raised a further 117 million pounds ($189 million) from three corporate pension schemes to invest in...
25 Feb 2011
Nippon Steel Corp will ask auto makers and other major customers to accept a roughly 20,000 yen ($242) a tonne price rise for steel products starting in April, the Nikkei business daily said, as soaring material costs take their toll...
25 Feb 2011
A Taiwan-owned plant making parts for Apple Inc said it is offering around 80,000 yuan ($12,177) as compensation to each of the 115 workers hit by chemical poisoning but...
25 Feb 2011
Global listings activity has been the highest on record so far this year, with firms raising a total of $24 billion (14 billion pounds) to date...
25 Feb 2011
Financial regulation reform worldwide is splintering in some critical areas as the acute pain…
25 Feb 2011
On Christmas Eve 2008, in the depths of the global financial crisis, Katanga Mining accepted a lifeline it could not refuse...
25 Feb 2011
Credit Suisse's move to issue $2 billion of contingent convertible bonds, or CoCos, is set to trigger interest…
25 Feb 2011
Share trading on the London Stock Exchange was halted at the open on Friday with the operator blaming a technical problem...
25 Feb 2011
Italy's market watchdog Consob has introduced stricter corporate governance rules that will require companies to be more transparent on executive pay, bonuses and succession planning...
25 Feb 2011
A London court may decide on Friday whether to protect Telenor's voting rights in a decision that could derail a $6 billion telecoms deal and re-ignite tensions with Russia's Alfa Group...
25 Feb 2011
Japan aims to cut rare earth consumption by a third within a few years and reduce its reliance on China, by providing subsidies for recycling and investing in new ways to limit their use...
24 Feb 2011
Australia's competition regulator will scrutinise merger deals more closely in the future as consolidation…
24 Feb 2011
China's Baosteel said on Friday it has exchanged ideas with Australia's major miner Rio Tinto on how to improve iron ore pricing, as part of efforts to strengthen cooperation...
24 Feb 2011
The Korea Exchange said on Friday it had imposed a 1 billion won ($881,200) fine on Deutsche Bank's local brokerage unit, the largest ever imposed by the bourse, for failing to notify it about...
24 Feb 2011
A unit of China Unicom (Hong Kong) Ltd, the country's No.2 mobile operator, will make a 16 billion yuan ($2.4 billion), 180-day short-term commercial paper issue, sources said on Friday...
24 Feb 2011
A top Freddie Mac executive received notice the government may file charges against him for allegedly violating securities …
24 Feb 2011
A U.S. regulator charged two financial firms and three individuals with running a fraudulent "portfolio pumping" scheme…
24 Feb 2011
E*Trade Corp's largest stakeholder, hedge fund Citadel, is moving to sell...
24 Feb 2011
BP's Russian venture, TNK-BP, said it had fully replaced its 2010 hydrocarbon reserves on the back of high oil prices, increased exploration activity and oil recovery methods at brownfields...
24 Feb 2011
Qatar is open to buying stakes in part state-owned lenders RBS and Lloyds Banking Group and has discussed investing in the UK...
24 Feb 2011
Private equity firms face mounting competition from deal-hungry strategic buyers with the cash and appetite to outbid them, stealing away some of the companies...
24 Feb 2011
Royal Bank of Scotland's high bad debt charges in Ireland and a weak investment banking performance overshadowed the bank's return to profit in the final months of 2010...
24 Feb 2011
Resources and media firms are expected to dominate a surge in corporate takeovers involving Australian companies in 2011 but regulators may play hard ball when looking at high-profile deals, leading bankers and lawyers say...
24 Feb 2011
Abu Dhabi's IPIC has appointed banks for a potential sterling and euro-denominated bond issue, a document showed on Wednesday, after the firm acquired Spain's Cepsa in a $5 billion deal earlier this month...
24 Feb 2011
Anadarko Petroleum Corp shut its Ivory Coast operations in February because of political unrest in that country...
23 Feb 2011
Following are details of countries and companies evacuating nationals and employees from Libya or closing operations due to the political turmoil in the country...
23 Feb 2011
JPMorgan Chase & Co has raised $1.22 billion for a new fund to invest in the social media sector, above the $500 million to $750 million it had been expected to raise, The New York Times said on Wednesday...
23 Feb 2011
Bank of America Corp has been sued by investors who want the largest U.S. bank to buy back mortgage loans that underlie more than $1.06 billion of securities they hold...
23 Feb 2011
China will add more than 45 airports over the next five years, bringing the total to more than 220, the country's aviation regulator said on Thursday...
23 Feb 2011
Japanese credit card firm Mitsubishi UFJ Nicos said it would raise about 100 billion yen ($1.21 billion) by selling new shares to Mitsubishi UFJ Financial Group and Norinchukin Bank...
23 Feb 2011
Assets raised by new hedge funds in Asia surged nearly 50 percent to $3.84 billion in 2010 from a year earlier, yet another sign that investor interest in regional funds has been on the mend since a tough 2008...
23 Feb 2011
Apple Inc shareholders rejected demands that the company disclose a succession plan for ailing chief Steve Jobs, and the company kept mum on how many had backed that proposal...
23 Feb 2011
Global miner Rio Tinto has extended its $3.9 billion takeover offer for Africa-focused coal miner Riversdale Mining to March 18, after Riversdale's top shareholder said it had yet to decide whether to hold or sell its stake...
23 Feb 2011
A judge overseeing a long-running fight between over the dangers of tobacco unsealed on Wednesday statements that the government wants cigarette companies to publish...
23 Feb 2011
Online brokerage E*Trade Financial Corp says it may face disciplinary action from Wall Street regulator FINRA over purchases of auction-rate securities by its customers...
23 Feb 2011
The top attorney at the Securities and Exchange Commission is being sued over allegations his family's estate wrongfully received over $1.5 million in phony profits from Bernard Madoff's massive fraud...
23 Feb 2011
Most of South East Asia's stock exchanges are several years away from getting involved in the global wave of bourse consolidation, the head of Thailand's market regulator said...
23 Feb 2011
Schlumberger Ltd, the world's largest oilfield services company, is shutting down operations in Libya and moving staff out in response to what Chief Executive Andrew Gould called a "disturbing" situation...
23 Feb 2011
Santander and Zurich Financial Services AG struck a $1.67 billion deal to free up capital at the acquisitive Spanish bank and give the Swiss insurer access to fast-growing Latin American markets...
23 Feb 2011
Alternative options have emerged for the sale of Kuwaiti telecoms carrier Zain's Saudi unit...
23 Feb 2011
China should account for 8-9 percent of global mergers and acquisition activity this year, continuing close to its strong levels in 2009 and 2010, JPMorgan's head of China M&A said Tuesday…
23 Feb 2011
UK fund firm FIM Limited, which is facing a barrage of legal actions from investors duped by Bernard Madoff's $65 billion fraud, is to shut down its operations after...
23 Feb 2011
Deutsche Boerse on Wednesday said derivatives unit Eurex Zuerich AG will take a majority stake in energy exchange EEX, cutting the exchange operator's dependence on trading stocks and derivatives...
23 Feb 2011
Nasdaq OMX Group Inc could launch a rival bid for NYSE Euronext to avoid being left on the sidelines, a source said, as traditional exchanges race to merge to see off upstart electronic rivals...
23 Feb 2011
Tobu Railway, a Japanese rail operator and property developer, said on Wednesday it would raise as much as 93.2 billion yen ($1.12 billion) in a share offering to buy back convertible bonds maturing in 2014...
23 Feb 2011
Barclays shares rose after a U.S. federal judge ruled the British bank's 2008 transaction to buy much of...
23 Feb 2011
Rio Tinto, the world's third-largest miner by market value, said it received a binding $340 million (209 million pounds) offer from industrial materials group Imerys for its talc business...
23 Feb 2011
Oracle Corp should be paid no more than $408.7 million for copyright infringement carried out by a SAP AG subsidiary, the European software company argued in a court...
22 Feb 2011
Proxy adviser Institutional Shareholders Services Inc recommended that J Crew Group Inc investors vote against the...
22 Feb 2011
Theratechnologies, a Canadian pharmaceutical company that recently won U.S. regulatory approval for an HIV-related drug, said it planned to list on the Nasdaq exchange in New York...
22 Feb 2011
Vivendi SA won a court victory on Tuesday when a federal judge significantly narrowed a multi-billion-dollar lawsuit accusing the French media company of...
22 Feb 2011
Billionaire activist investor Carl Icahn offered $1.73 billion for Mentor Graphics Corp, and predicted the...
22 Feb 2011
Wind Telecom, the holding company of Egyptian telecoms tycoon Naguib Sawiris, said on Monday it had obtained "firm commitments" to refinance about 420 million euros ($575 million) of debt issued by one of its subsidiaries...
22 Feb 2011
Mukesh Ambani does not do small. He is the richest man in Asia, chairman of India's biggest listed company, and lives in one of the largest and most expensive homes in the world...
22 Feb 2011
Independent refiner Holly Corp will buy rival Frontier Oil Corp for $2.85 billion in stock...
22 Feb 2011
Harris Corp moved to expand its footprint in healthcare information technology by announcing plans to acquire Carefx Corp, a private company that develops healthcare and patient information systems, for $155 million...
22 Feb 2011
The U.S. Supreme Court ruled on Tuesday that a federal law shielded vaccine manufacturers from certain product-liability lawsuits in state court that seek damages for...
22 Feb 2011
Forest Laboratories Inc said it would acquire Clinical Data Inc for $1.2 billion to add to its portfolio of drugs to treat depression...
22 Feb 2011
NYSE Blue, a joint venture between NYSE Euronext and exchange operator APX Inc., was created on Tuesday after the deal was approved by regulators and APX shareholders...
22 Feb 2011
A U.S. appeals court upheld a lower court's decision to dismiss a case that claimed broker-dealers were misled about the 2007 deal that created the Wall Street regulator FINRA...
22 Feb 2011
Norwegian fertiliser giant Yara is closing its Lifeco joint venture in Libya as fear of growing turmoil in the country could put its employees at risk...
22 Feb 2011
China's banking regulator is drafting a new set of rules for banks to ensure lenders have adequate capital, provisions and liquidity to fend off risks...
22 Feb 2011
A Credit Suisse banker has been arrested in the United States in connection with a federal investigation into the Swiss bank's work with offshore accounts, The New York Times reported on Monday...
22 Feb 2011
Shares in Indian energy major Reliance Industries bucked a subdued Mumbai market and rallied nearly 5 percent on Tuesday morning after a $7.2 billion deal with BP was seen as boosting the company's outlook...
22 Feb 2011
The United Arab Emirates awarded $1.1 billion of defence contracts to local and international firms with more deals to come this week, signalling continued military spending by the oil exporter...
22 Feb 2011
Wintershall, the oil and gas exploration arm of BASF, prepared to shut down its output in Libya and fly out international staff as violence spread in Africa's third-largest oil producer...
21 Feb 2011
The following bids, mergers, acquisitions and disposals involving European, U.S. and Asian companies were...
21 Feb 2011
Moody's Investors Service on Tuesday warned that it may cut Japan's sovereign rating if government policies fall short of a comprehensive tax reform needed to keep public debt under control...
21 Feb 2011
BP Plc is making one of the biggest foreign direct investments in India, with a $7.2 billion tie-up with Reliance Industries to explore for deepwater oil and gas...
21 Feb 2011
BHP Billiton is buying shale gas assets from Chesapeake Energy Corp for $4.75 billion (2.94 billion pounds), pitting itself for the first time against oil giants and China in the battle for...
21 Feb 2011
BP lined up one of the biggest foreign direct investments in India to date with a $7.2 billion tie-up with the country's Reliance Industries to explore for deepwater oil and gas...
21 Feb 2011
Private equity fund CVC Capital Partners has hired Goldman Sachs Group Inc, HSBC Holdings Plc and Morgan Stanley as joint global co-ordinators for the planned Hong Kong initial public offering...
21 Feb 2011
Dynegy Inc's top management announced their resignations on Sunday after failing to sell the company for the second time in a year...
21 Feb 2011
The Federal Deposit Insurance Corp. has sent letters to unnamed former executives of the failed Washington Mutual Bank, warning of possible legal action and potential damages of $1 billion, The Wall Street Journal reported on Monday...
21 Feb 2011
Chesapeake Energy Corp said it is selling its holdings in Arkansas' Fayetteville shale natural gas field to a unit of BHP Billiton for $4.75 billion in cash...
21 Feb 2011
Movie rental chain Blockbuster Inc, which filed for bankruptcy last year, said it has started the process to sell itself and has entered into an agreement with "stalking horse" bidder Cobalt Video Holdco for $290 million...
21 Feb 2011
Petroleum distributor Shell Mauritius Ltd said on Monday that parent Royal Dutch Shell planned to sell three quarters of its stake in the company to two joint venture partners...
21 Feb 2011
Bankers won't have to pay tax upfront on parts of their bonus that have been deferred, Britain's government said on Monday...
21 Feb 2011
China's Huawei said it would back away from its acquisition of U.S. server technology company 3Leaf's assets, bowing to pressure from a U.S. government panel that had suggested…
21 Feb 2011
Tata Motors' Jaguar and Land Rover unit is in talks with top Chinese sport utility vehicle maker Great Wall Motor Co about a potential China tie-up, two executives…
21 Feb 2011
A wave of mega-mergers between the world's major stock exchanges might persuade policymakers in the United Arab Emirates to push ahead with consolidation of the...
20 Feb 2011
China Investment Corp, the country's $300 billion sovereign wealth management fund, has teamed up with private equity fund Blackstone Group LP to buy...
20 Feb 2011
Anglo-Dutch oil giant Shell has agreed to divest the majority of its stake in most of its downstream businesses in Africa to two firms for $1 billion (£615 million)...
20 Feb 2011
Kuwait telecoms carrier Zain rejected all three offers for its Saudi unit on Saturday, with approaching deadline making it more unlikely that its proposed buyout by Etisalat would go through...
19 Feb 2011
Federal prosecutors have shelved a criminal investigation of former Countrywide Financial chief executive Angelo Mozilo after determining that his actions in...
18 Feb 2011
Del Monte Foods Co said it hired Perella Weinberg to look for a buyer for the company who would be willing to pay more than its current $19 per share takeover pact from...
18 Feb 2011
Bats Global Markets, the U.S.-based trading platform, is taking over peer Chi-X Europe in a deal aimed at challenging the dominance of national exchanges in share and futures trading...
18 Feb 2011
U.S. regulators should stem the growing tide of anonymous stock-trading and consider charging high-frequency traders...
18 Feb 2011
Chinese oil majors are set to accelerate their overseas buying spree in unconventional oil and gas assets, with an eye on technology key to help shift China's reliance on coal…
18 Feb 2011
Brazil's BM&FBovespa and China's state-owned Shanghai Stock Exchange will sign a deal that could lead to joint ventures between two of the…
18 Feb 2011
China's securities' watchdog regulator on Friday gave the greenlight for the Shanghai Futures Exchange to launch lead futures as a trading product...
18 Feb 2011
Dogan Yayin said a court had overturned 679 million lira ($430 million) of tax penalties, the latest of a series of victories for Turkey's biggest media company in its fight against crippling fines...
18 Feb 2011
Mining group Anglo American is to hive off its unwanted Tarmac UK building materials business into a joint venture with French cement giant Lafarge after failing to make an outright sale...
18 Feb 2011
Affinity Equity Partners is among the private equity firms planning to bid for meat products specialist Primo Smallgoods, an asset that could be worth up to A$900 million ($910 million)...
18 Feb 2011
A German court ruled on Friday the world's top cellphone maker Nokia infringed on a patent of German company IPCom, both companies said...
18 Feb 2011
The European Central Bank declined to comment on Friday on the exceptionally elevated use of its emergency overnight lending facility...
17 Feb 2011
Privately owned retail chains Burlington Coat Factory and Claire's Stores are the latest in a collection of lower rated corporate borrowers taking advantage of...
17 Feb 2011
At a time when securities trading has become much more closely regulated, the sprawling U.S. foreign exchange market stands as a glaring exception…
17 Feb 2011
Swatch Group AG, the world's largest watchmaker, has sued Bloomberg LP, accusing the news service of secretly recording a conference call with securities analysts and...
17 Feb 2011
Bankrupt bond insurer Ambac Financial Group Inc has filed new legal claims stemming from its insurance of Bear Stearns mortgage-backed securities, after another court dismissed the case...
17 Feb 2011
Masergy Communications Inc, a virtual network services provider, scrapped its plan to go public...
17 Feb 2011
Liverpool's American former co-owners have failed to overturn a London High Court order preventing them pursuing damages through U.S. courts over the sale of...
17 Feb 2011
Jailed financier Allen Stanford, accused of running a massive Ponzi scheme, filed a $7.2 billion lawsuit accusing federal prosecutors and regulators of depriving him of his constitutional rights...
17 Feb 2011
The new U.S. financial risk council has divided non-bank financial institutions that could be subject to additional oversight into four categories, including hedge funds and insurers...
17 Feb 2011
EasyJet shareholders led by largest shareholder Stelios Haji-Ioannou voted against a resolution to approve directors' pay including the salary paid to former Chief Executive Andy Harrison...
17 Feb 2011
Wall Street dipped on Thursday as indexes hovering at multi-year highs after both inflation and weekly jobless claims rose more than expected...
17 Feb 2011
Top Asian oil refiner China Petroleum & Chemical Corp plans to sell 23 billion yuan ($3.5 billion) in convertible bonds next week, the company said...
17 Feb 2011
Credit Suisse is today set to raise $2bn dollars of contingent capital, the first such deal with an equity convert feature and not part of an exchange...
17 Feb 2011
The private equity owners of Danish outsourcing group ISS plan to raise around 13.3 billion Danish crowns ($2.41 billion) via a share offering in Europe's biggest IPO this year so far if it goes ahead...
17 Feb 2011
Kingfisher, Europe's biggest home improvements retailer, is hoping an extra public holiday to celebrate the royal wedding will draw out shoppers worried about a squeeze on their finances...
17 Feb 2011
European Union officials are pushing for a merger of two strategic gas pipeline projects, Nabucco and smaller Italian rival ITGI, to help secure supplies from Azerbaijan to Europe, industry and EU sources say...
17 Feb 2011
Hong Kong shares rose on Thursday as gains in financials and energy companies helped lift the benchmark on the day on better volume, while shares in Lenovo rose after the company reported its best quarter in two years...
16 Feb 2011
Satyam Computer Services Ltd has agreed to pay $125 million to settle U.S. shareholder litigation arising from an accounting fraud that in 2009 turned into India's biggest corporate scandal...
16 Feb 2011
Tuesday's legal decision to uphold Airgas's use of a "poison pill" defense against rival Air Products & Chemicals' takeover bid is a bonus for corporate board members...
16 Feb 2011
Emerging markets focused lender, Standard Chartered Bank, has shuttered its global loans trading unit, sources familiar with the matter told Reuters on Wednesday, ending a unique experiment in Asia, as it moves to focus on lending to clients...
16 Feb 2011
Billionaire investor Nelson Peltz's bid for Family Dollar Stores Inc underscores growing investor appetite for...
16 Feb 2011
Borders Group Inc filed for bankruptcy protection and said it planned to close nearly one-third of its bookstores...
16 Feb 2011
French drugmaker Sanofi-Aventis SA agreed to buy Genzyme Corp with a sweetened $20.1 billion cash offer...
16 Feb 2011
U.S. exchange Bats Global Markets, in talks to buy its main European rival Chi-X Europe, might launch a stock market in the key South American market of Brazil as a wave of consolidation sweeps the sector...
16 Feb 2011
Israeli mobile phone operator Pelephone said on Tuesday it had signed a deal allowing retailer Rami Levi to use its infrastructure to provide cellular services...
16 Feb 2011
Saudi Telecom is not violating market regulations, it said on Wednesday, after smaller rival Atheeb Telecom filed a lawsuit against it for allegedly breaching anti-monopoly laws...
16 Feb 2011
Dogan Yayin, Turkey's biggest media group, said a court had overturned 1.04 billion lira ($653 million) of tax court rulings against several units, boosting its battle against a series of major tax fines...
16 Feb 2011
Spain's economy underperformed the euro zone average in 2010 for the first time since joint data began in 1996 and is likely to stay weak through 2011, stuck with the legacy of a construction boom that went bust...
16 Feb 2011
Iraq said on Tuesday it has fined Kuwait-based telecoms provider Zain $262 million for putting 5 million Sim cards in the local market without permission, contravening its licence...
16 Feb 2011
China's securities watchdog is planning to allow select asset management units of brokerages to launch private equity funds for the first time…
15 Feb 2011
China's new review body for inward M&A could bring some much-needed transparency to the deal approval process and even make it quicker for foreign companies to get tie-ups with mainland firms past the authorities.
15 Feb 2011
Hedge funds posted positive returns for a seventh consecutive month in January, with Japan-focussed managers leading gainers, Singapore-based fund tracker Eurekahedge said on Wednesday...
15 Feb 2011
Air Products & Chemicals Inc ended its year-long battle to buy Airgas Inc after a judge upheld Airgas's use of...
15 Feb 2011
Tougher global bank capital rules will barely hinder economic growth, said a study on Wednesday, casting doubt on claims from the banking sector they would result in a credit squeeze that would derail economic recovery...
15 Feb 2011
Global miner BHP Billiton's boss, Marius Kloppers, confirmed on Wednesday he had harboured concerns about Chinese and competitor espionage on his business, citing it as a reason behind his push for market pricing of key commodities...
15 Feb 2011
Deutsche Boerse AG and NYSE Euronext say they hope their planned merger will create a more attractive partner for exchange operators around the world, especially in Asia...
15 Feb 2011
It is 50 years since the last U.S.-backed invasion of Cuba but the island's communist leaders believe another one has begun -- not on the shores of the Bay of Pigs as in 1961...
15 Feb 2011
A Delaware judge put a 20-day delay on the shareholder vote for Del Monte Foods Co's takeover by a consortium led by KKR...
15 Feb 2011
Sanofi-Aventis SA has agreed in principle to acquire Genzyme Corp for $19.2 billion in cash plus future payments based on the performance of an experimental drug...
15 Feb 2011
The Canadian government said it would appeal a court ruling that overturned its decision to allow foreign-backed Globalive to launch wireless service over the objections of the telecom regulator...
15 Feb 2011
Deutsche Boerse will take over NYSE Euronext to create the world's largest exchange operator in a deal worth $10.2 billion, but the two exchanges dodged key questions that could yet threaten its completion...
15 Feb 2011
Starbucks Corp will provide ground coffee for use with Courtesy Products' CV1 one-cup brewers in as many as 500,000 upscale hotel rooms in the United States beginning this autumn...
15 Feb 2011
ING will sell most of its real estate management operations for about $1 billion to U.S.-based property broker CB Richard Ellis Group, helping the Dutch bancassurer to pay down state aid...
15 Feb 2011
Borse Dubai has not been asked to reduce its stake in London Stock Exchange to facilitate a merger between the LSE and the Toronto share market operator TMX...
15 Feb 2011
European banks are set to get a "single rulebook" under plans being pushed by the bloc's banking watchdog aimed at preventing regulatory competition between countries...
15 Feb 2011
British consumer price inflation surged to double the Bank of England's target in January, official data showed on Tuesday, raising pressure on the central bank to look seriously at increasing interest rates...
15 Feb 2011
Growth in the popularity of sharia-compliant asset management is often tied to expectations of demand from a rapidly expanding global Muslim population...
15 Feb 2011
A Cypriot court has revoked a freeze on Russian assets worth $6 billion, including a stake in potash maker Uralkali and mining group Polyus Gold, because of a serious non-disclosure of facts...
15 Feb 2011
Wm Morrison Supermarkets, the country's fourth-biggest grocer, is buying online baby products retailer Kiddicare for 70 million pounds to kick-start an online business selling non-food goods...
15 Feb 2011
New lending by Chinese banks fell well below forecasts in January after the government toughened restrictions on credit issuance and succeeded in slowing the pace of money growth in the face of high inflation...
15 Feb 2011
A Chinese company has won a 900 million euro ($1.21 billion) contract to build a new international airport in the Sudanese capital Khartoum, underscoring the close links between China and sanctions-hit Sudan...
15 Feb 2011
A court in Ecuador's Amazon told Chevron Corp on Monday to pay $8.6 billion in environmental damages, but the U.S. oil company vowed to fight on in a lawsuit seen as a global test case...
15 Feb 2011
Brazil's BM&FBovespa, the world's fourth-largest financial exchange operator, is closely watching for tie-up opportunities amid a global wave of consolidation in the industry...
14 Feb 2011
Corruption scandals have consumed Indian political life, wrecked its parliament's work and rattled its markets, but they will not stop long-term investors ploughing money into the country..
14 Feb 2011
Everyone who is willing Japan to find the elixir to revive its listless economy and put off its day of reckoning with the bond markets should pencil June in their calendars...
14 Feb 2011
China's Huawei is resisting calls to divest recently acquired U.S server technology firm 3Leaf, opting instead to wait for a decision from the White House before taking action...
14 Feb 2011
China is likely to create a rare earth industry association in May to help its miners obtain more pricing power in the global market, official media reported on Tuesday...
14 Feb 2011
Australian bourse operator ASX and suitor Singapore Exchange are reviewing board arrangements for their planned $7.9 billion tie-up to overcome political hurdles amid a wave of stock exchange consolidation globally...
14 Feb 2011
A top U.S. regulator tried to do "an end run" around U.S. Supreme Court precedent by pressing a civil fraud complaint against a Goldman Sachs Group Inc executive...
14 Feb 2011
The Obama administration is proposing a much smaller $30 billion tax on the largest financial institutions, in line with shrinking U.S. corporate bailout costs...
14 Feb 2011
Big pharmaceutical companies could face increased competition from generic drugmakers under two proposals put forth by the Obama administration on Monday...
14 Feb 2011
CME Group Inc, the biggest U.S. futures exchange operator, said that the 10 top swaps dealers signed up to be founding members of CME's interest-rate swaps clearing service...
14 Feb 2011
Libya said it had agreed with Switzerland on the appointment of a chief arbitrator to help repair relations that were stretched to breaking point by a diplomatic dispute last year...
14 Feb 2011
The White House proposed on Monday large funding increases for U.S. market regulators, a move already coming under fire from Republicans who...
14 Feb 2011
Private equity investment in emerging markets rose 30 percent in 2010 to $28.8 billion, driven by an increase in deal volume and a slight increase in transaction size, according to a survey released on Monday...
14 Feb 2011
EchoStar Corp agreed to buy Hughes Communications Inc for about $1.33 billion as the digital set-top box maker looks to...
14 Feb 2011
Ventana Gold Corp said on Monday it agreed to a sweetened bid from Brazilian billionaire Eike Batista to buy the shares he doesn't already own and which values the company at around C$1.5 billion...
14 Feb 2011
Billionaire investor Carl Icahn extended his tender offer to buy Dynegy Inc for the third time as not enough shares have been tendered, but refused to raise his...
14 Feb 2011
Private equity firm Clayton, Dubilier & Rice said it would buy healthcare and physician services company Emergency Medical Services Corp for a discount price of about $3 billion.
14 Feb 2011
The London Stock Exchange moved its main trading platform to a faster system, putting past technology glitches behind it just days after launching a bid to...
14 Feb 2011
General Electric Co is to buy a unit of British energy services firm John Wood Group for about $2.8 billion...
14 Feb 2011
German Finance Minister Wolfgang Schaeuble said on Monday there was no need to boost the firepower of the euro zone rescue fund and that discussion of the matter was fuelling market...
13 Feb 2011
Barclays Plc is linking the pay of over 1,000 senior bankers to the British bank's capital strength under pay awards to be unveiled this week...
13 Feb 2011
Bonds that lose half their value if the issuing bank's capital falls below a set level could be an alternative to convertible contingent bonds...
11 Feb 2011
Citigroup Inc won a victory over actor Larry Hagman this week when a judge threw out an arbitration award against the bank for over $11 million in damages...
11 Feb 2011
A former chief executive of failed mortgage lender IndyMac Bancorp and two former chief financial officers were accused of securities fraud for concealing the...
11 Feb 2011
Internet radio company Pandora Media Inc filed to raise up to $100 million in an initial public offering of common stock...
11 Feb 2011
Freescale Semiconductor Holding I Ltd filed with U.S. regulators to raise up to $1.15 billion in an IPO...
11 Feb 2011
A bill to revive Build America Bonds has been introduced in the U.S. House of Representatives, though the popular program faces steep hurdles for a comeback...
11 Feb 2011
The Justice Department filed a federal suit over the restructuring of bond insurer Ambac, saying that a state court did not have the power to prevent the federal government from...
11 Feb 2011
Lawyers are pushing for a $4.5 million fee for their work for investors challenging a corporate merger. The recovery for shareholders? Probably zero...
11 Feb 2011
The drip drip of disappointing dividend news in the latest batch of European bank earnings will continue for some time as the regulatory vice squeezes the ability of...
11 Feb 2011
Elliott Associates, the $17 billion U.S. hedge fund, added its voice to demands that chemicals giant DuPont raise its $5.8 billion bid for Danisco, the Danish maker of...
11 Feb 2011
Network operators France Telecom and Deutsche Telekom are to explore potential areas of co-operation in several fields of technology...
11 Feb 2011
EU regulators will scrutinise the economic implications of three complaints against Internet search engine giant Google before deciding whether to proceed or drop its probe, the EU's antitrust chief said on Friday...
10 Feb 2011
Google Inc and Facebook Inc, plus others, have held low level takeover talks with Twitter that give the Internet sensation a value as high as $10 billion (6 billion pounds), the Wall Street Journal reported...
10 Feb 2011
UAE telecoms firm Etisalat reiterated on Wednesday that it had no involvement in a telecoms corruption scandal in India that saw an executive at its joint venture arrested on allegations of wrongdoing...
10 Feb 2011
LeapFrog Enterprises Inc's disappointing outlook last month battered its shares, making the educational…
10 Feb 2011
Casual dining chain Red Robin Gourmet Burgers Inc may have put itself on...
10 Feb 2011
District cooling firm Tabreed reached a deal with creditors to refinance 2.63 billion dirhams ($716 million) in debt, with state-owned fund Mubadala stepping up again with financial aid...
10 Feb 2011
The South Korean government will again push forward a bill to introduce sukuk, or Islamic bonds…
10 Feb 2011
The Supreme Court may decide as early as next week whether to lift a 6-1/2-month ban on iron ore exports from Karnataka, a ruling that could dampen a surge in spot prices since the start of the year...
10 Feb 2011
PetroChina is purchasing half of a prolific shale gas project from Canada's Encana Corp for C$5.4 billion...
10 Feb 2011
CSN , Brazil's largest diversified steelmaking group, has raised its stake in Australian miner Riversdale which is subject to a $3.9 billion takeover bid from global miner Rio Tinto...
9 Feb 2011
The U.S. Securities and Exchange Commission is investigating whether exchange-traded funds…
9 Feb 2011
The U.S. Federal Reserve has denied requests from financial industry players to give them more leeway…
9 Feb 2011
Transocean Ltd, the world's largest rig contractor, is concerned that a recent rig-building trend could get out of hand as companies opt to build them simply because others are doing so...
9 Feb 2011
Investors may be more finicky when it comes to emerging markets after violence in Egypt and stronger U.S. data drove record net redemptions from the sector's biggest exchange traded fund last week...
9 Feb 2011
French agricultural group InVivo plans to join Saudi Arabia's Fruitful Seed to set up plants to produce up to 2 million tonnes of animal feed annually by 2014...
9 Feb 2011
Germany's Deutsche Boerse is in advanced talks to buy NYSE Euronext, and the London Stock Exchange has agreed to buy Canadian stock market operator TMX...
9 Feb 2011
JPMorgan Chase & Co accused the trustee seeking $6.4 billion for victims of Bernard Madoff's Ponzi scheme of doing an end run around the law in pursuing his case, and said it has a right to a jury trial...
9 Feb 2011
The London Stock Exchange is to buy Canada's TMX to claw back lost market share and create the...
9 Feb 2011
The British government has struck a deal with banks to curb bonuses and boost lending, people familiar with the matter said on Wednesday, but the accord could prove hard to enforce...
9 Feb 2011
Hong Kong's securities regulator is seeking to freeze the assets of the chairman of China Forestry Holdings Co Ltd, which is being investigated for accounting irregularities...
9 Feb 2011
Indian police have made the first arrest of a company executive in a multi-billion dollar telecoms corruption scandal that has rocked the Congress party-led government and undermined Prime Minister Manmohan Singh...
9 Feb 2011
Newspaper group Daily Mail & General Trust's underlying revenue rose 5 percent in its first quarter to January 2, as strong business-to-business operations outweighed weakness in local consumer advertising...
9 Feb 2011
The Australian M&A loan market is set to extend positive momentum from the end of last year with Australia & New Zealand Banking Group , Commonwealth Bank and National Australia underwriting a...
9 Feb 2011
U.S. securities regulators on Wednesday will move to scale back markets' reliance on credit rating agencies...
9 Feb 2011
German rail technology company Vossloh AG is currently eyeing various takeover targets in Brazil, its chief executive told a newspaper...
9 Feb 2011
Norway's Telenor ramped up criticism of estranged affiliate Vimpelcom for losing focus on its home market and said it was sure it would win a legal case over the Russian telecom company's $6 billion foreign expansion drive...
8 Feb 2011
Chevron Corp has settled a lawsuit against its proposed $3.2 billion Atlas Energy takeover by agreeing to pay an extra 10 cents per share to non-director shareholders in the U.S. natural gas producer...
8 Feb 2011
The largest McDonald's franchisee globally is planning a U.S. listing that could raise as much as $1 billion (622 million pounds), the Financial Times said on Wednesday...
8 Feb 2011
U.S. environmental regulators issued a draft plan on Tuesday outlining how they will determine whether a technique for drilling natural gas harms supplies of drinking water...
8 Feb 2011
CSN , Brazil's largest diversified steelmaking group, has raised its stake in Austalian miner Riversdale which is subject to a $3.9 billion takeover bid from global miner Rio Tinto...
8 Feb 2011
A possible global economic slowdown sparked by Europe's sovereign debt problems could affect currency and stock markets and weigh heavily on Japan's growth prospects, an International Monetary Fund official warned on Wednesday...
8 Feb 2011
China will stick to its gradual approach of tightening monetary policy even though the latest rate rise showed heightened concerns over inflation, an academic adviser to the central bank said in remarks reported on Wednesday...
8 Feb 2011
Investors in Diamondback Capital, one of four hedge funds raided last year as part of the government's insider trading probe, have asked to take out $534 million by the end of March, the firm said...
8 Feb 2011
Washington Mutual Inc shareholders were given permission by a judge on Tuesday to investigate allegations…
8 Feb 2011
The city of Buffalo banned the natural gas drilling technique of hydraulic fracturing on Tuesday in a largely symbolic vote that fuels debate over the potential harm to ground water...
8 Feb 2011
A U.S investigation into allegations of insider trading in the hedge fund industry for the first time reached former employees of billionaire trader Steven A. Cohen's SAC Capital Advisors...
8 Feb 2011
Foreign investors face a long wait before Canada opens up its telecommunications sector as Ottawa eyes a possible election this year and battles the industry's regulator...
8 Feb 2011
Calpers sued a group of ex-Lehman executives and underwriters, alleging it bought over $700 million in bonds and Lehman stock without knowing the true condition of the now-bankrupt financial company...
8 Feb 2011
Washington Mutual Inc scrapped a rights offering after hedge funds pulled out of a settlement at the heart of the company's latest plan to exit bankruptcy, according to court documents...
8 Feb 2011
U.S. regulators put a bit more flesh on a bare-bones plan to determine which market players other than banks should be deemed "systemic," subjecting them to costly oversight...
8 Feb 2011
India is probing two new cases involving the allocation of telecoms spectrum, increasing the pressure on Prime Minister Manmohan Singh's government already hit by a telecoms graft scandal, local media reported...
8 Feb 2011
Plans by Nippon Steel Corp and Sumitomo Metal Industries to merge and create the world's second-largest steelmaker have once again put the spotlight on Japanese companies' need to combine forces to better compete globally...
8 Feb 2011
A key lawmaker called on U.S. securities regulators to work with criminal authorities to crack down on hackers following reports that cyber attackers have repeatedly tried to...
8 Feb 2011
The U.S. government is pressing ahead with plans to enhance transparency for auction-rate and variable-rate municipal bonds, with the Municipal Securities Rulemaking Board...
8 Feb 2011
Billionaire activist investor Carl Icahn said he plans to nominate at least three members to...
8 Feb 2011
Two hedge fund managers were arrested on insider trading charges, while another portfolio manager and an analyst agreed to...
8 Feb 2011
Kuwait's Investment Dar, owner of half of luxury carmaker Aston Martin, reached an agreement to restructure $3.58 billion in debt, potentially ending a protracted battle with its creditors...
8 Feb 2011
Kindred Healthcare Inc agreed to buy RehabCare Group Inc for about $900 million in a cash-and-stock deal to create one of the largest post-acute healthcare services company in the United States...
8 Feb 2011
Britain slapped an extra 800 million pound ($1.3 billion) tax on banks this year, taking a harder line on the sector as it negotiates a deal to curb bonuses and free up business lending...
8 Feb 2011
The Bombay High Court on Tuesday deferred a hearing on Vodafone Plc's dispute with the Indian tax office, a spokesman for Vodafone said...
8 Feb 2011
Spain's Telefonica said it issued $2.75 billion in bonds in the United States on Monday, divided into two parts, with one maturing in 2016 and one in 2021...
8 Feb 2011
Thomas Cook said it expected the unrest in Egypt and Tunisia to wipe around 20 million pounds off its second quarter profits with holidaymakers being advised to stay away from the region...
8 Feb 2011
U.S. fund firm T. Rowe Price is looking to start managing South Korean assets and win more institutional clients in Greater China as it prepares to sustain growth in the Asia-Pacific...
8 Feb 2011
Software services provider Mastek is scouting for acquisitions worth $10-$30 million in insurance vertical, its chief financial officer said on Tuesday...
8 Feb 2011
A surge in weather-related disasters in Australia could push global mining firms to overhaul supply contracts and rethink how bad weather will affect their operations and customers worldwide...
7 Feb 2011
The following bids, mergers, acquisitions and disposals involving European, U.S. and Asian companies were reported by 0400 GMT on Tuesday...
7 Feb 2011
Smartphone maker HTC Corp will buy shares in a U.S. online gaming company and acquire a British digital technology company as it seeks to bolster its offerings in the competitive market for hi-tech handsets...
7 Feb 2011
Private equity-owned radio and outdoor displays company Clear Channel Communications plans to sell $750 million of notes due 2021...
7 Feb 2011
Japanese bank lending marked its 14th straight month of annual declines in January, a sign the central bank's ultra-easy monetary policy has yet to boost loan growth amid weak corporate fund demand...
7 Feb 2011
U.S. regulators began their most forceful attempt yet to clamp down on bank bonuses since...
7 Feb 2011
Ensco Plc plans to buy rival Pride International Inc for about $7.3 billion in a deal to create the...
7 Feb 2011
Private equity firm Blackstone Group has taken a majority stake in San Diego's historic Hotel del Coronado in return for a cash infusion that that will reduce the...
7 Feb 2011
Canada's Khan Resources, which had sued Russia's state-owned uranium miner ARMZ for alleged interference in its Mongolian operations, said...
7 Feb 2011
Spain's stock exchange regulator has warned savings banks that they usually need a free float of at least 25 percent…
7 Feb 2011
Activist hedge fund Laxey Partners demanded changes at 123-year-old investment company Alliance Trust to boost its shares, the latest example of...
7 Feb 2011
Former BP boss Tony Hayward has been approached to launch a new Abu Dhabi-backed oil firm less than six months after he quit in the wake of the Gulf of Mexico oil spill...
7 Feb 2011
The United States on Monday is moving forward with its most concrete proposal yet to reform banker pay…
7 Feb 2011
Starting next week, underwriters of new U.S. municipal bonds will have to publicly post key bits…
7 Feb 2011
The Bank of Israel on Monday implemented yet another measure in its battle against the speculative flow of capital into the country that has led to an appreciation of the local currency...
7 Feb 2011
Dewey & LeBoeuf LLP has bulked up its municipal bankruptcy practice with the hiring of Hennigan Bennett and Dorman LLP's founding partner and nine other lawyers...
7 Feb 2011
Chesapeake Energy Corp wants to sell holdings in Arkansas' Fayetteville shale natural gas field and stakes in two companies to raise $5 billion and trim its heavy debt load...
7 Feb 2011
Warren Buffett's Berkshire Hathaway Inc will buy the 19.9 percent it does not own of Wesco Financial Corp...
7 Feb 2011
Cuba's production of unrefined nickel plus cobalt bounced back in January, official media reported, after perhaps the industry's worst performance in a decade last year when...
7 Feb 2011
Denmark was lumbered with a $2.8 bln bill on Monday as Amagerbanken became the country's tenth bank to fall…
7 Feb 2011
Plans by Nippon Steel Corp and Sumitomo Metal Industries to merge and create the world's second-largest steelmaker have once again put the spotlight on Japanese companies' need to combine forces to better compete globally...
7 Feb 2011
Spain's top lender Santander has announced a tender to buy all of Poland's Bank Zachodni WBK for 16.6 billion zlotys ($5.8 billion), or 226.89 zlotys per share, a brokerage running the bid said...
7 Feb 2011
Russian potash miner Uralkali said on Monday that Silvinit shareholders had voted to approve their merger, which will create the world's second largest producer of the soil nutrient...
7 Feb 2011
AOL Inc has agreed to buy The Huffington Post, the influential and rapidly growing news, analysis and lifestyle website, for $315 million, the struggling U.S. Internet company announced on Monday...
7 Feb 2011
Afghanistan's central bank expects an Islamic banking law to be enacted by September, drawing billions in deposits from citizens wary of the conventional banking system...
7 Feb 2011
Egypt's Orascom Telecom and Italy's Wind continue to work on a merger with Russia's Vimpelcom despite arbitration over the telecom deal...
7 Feb 2011
Saudi investment firm Kingdom Holding said on Sunday it had extended its offer to buy the Saudi telecoms assets of Kuwait-based operator Zain to Feb. 13...
6 Feb 2011
Al Gore's Generation Investment Management LLP is starting a $500 million (£310 million) fund to invest in Asian stocks, Bloomberg reported on Sunday...
6 Feb 2011
Australian rail and ports operator Asciano has appointed the former head of DHL Express John Mullen as its new chief executive following the sudden departure of its founding boss Mark Rowsthorn...
6 Feb 2011
Qatar's central bank asked conventional lenders to close down their Islamic operations amid worries of overlap between the two, banking sources said on Sunday...
6 Feb 2011
India's oil secretary said on Sunday he was hopeful of finding a "positive solution" to Cairn India's plans to sell a controlling stake in its Indian unit to Vedanta Resources...
6 Feb 2011
Egypt's commercial banks will take a leap into the unknown when they reopen on Sunday after a week-long closure due to political unrest...
5 Feb 2011
The operator of the Nasdaq Stock Market said it found "suspicious files" on its U.S. computer servers…
5 Feb 2011
U.S. regulators will propose on Monday that executives at the largest financial institutions have half of their bonuses…
4 Feb 2011
Canadian banks will have to redeem or convert more than C$70 billion ($71 billion) in securities…
4 Feb 2011
Tighter budgets at the SEC could mean killing vital technology upgrades needed to catch swindlers...
4 Feb 2011
As Indian companies farm out across the globe chasing business where they can through a slew of M&As and joint ventures, stodgy Indian banks are spreading following suit...
4 Feb 2011
Tips from whistleblowers to the Securities and Exchange Commission have increased significantly since the Wall Street reform law was enacted last year...
4 Feb 2011
Public furor over bankers' pay seems to be abating in the United States but is still strong in Europe, which could give American...
4 Feb 2011
Tips from whistleblowers to the Securities and Exchange Commission have increased significantly since the Wall Street...
4 Feb 2011
TransCanada Corp said on Friday that regulators have approved its plan to build a C$310 million ($313 million) pipeline to carry gas from...
4 Feb 2011
The owners of the New York Mets turned a blind eye to Bernard Madoff's Ponzi scheme and should give up roughly $300 million of fictitious...
4 Feb 2011
Tighter budgets at the Securities and Exchange Commission could mean killing vital technology upgrades needed to catch swindlers...
4 Feb 2011
Europe's top stock exchanges and investment banks have crossed swords over new European Commission plans to make the banks' controversial dark pool platforms...
4 Feb 2011
U.S. securities regulators are eyeing a spring target to unveil market structure reform proposals in the wake…
4 Feb 2011
Securities regulators are moving too fast on implementing new rules under the Dodd-Frank law and could face legal challenges in the future...
4 Feb 2011
Securities regulators are eyeing a spring target to unveil market structure reform proposals in the wake of the May 6 flash crash...
4 Feb 2011
The independent studio behind the hit "Twilight" films wants a judge to force bankrupt movie rental chain Blockbuster Inc...
4 Feb 2011
From Wall Street to the City of London, "doughnuts" are on the menu this bonus season...
3 Feb 2011
Delaware touts itself as a business-friendly haven, but a new strategy by a well-known whistleblower takes the rules in an unexpected direction...
3 Feb 2011
U.S. states are stepping up probes into whether banks overcharged public pension funds millions of dollars in converting currencies for securities trades, a lucrative area of banking...
3 Feb 2011
JPMorgan Chase & Co executives stood by silently as their client Bernard Madoff ran his epic Ponzi scheme, hoping to protect the bank's investments and continue doing business with him…
3 Feb 2011
SEC brings expert network insider trading charges against primary global research employees and consultants...
3 Feb 2011
TD Ameritrade Holding Corp will reimburse about $10 million to customers to settle U.S. Securities and Exchange Commission charges it misled them about the safety of a mutual fund...
3 Feb 2011
Rhode Island's general treasurer said on Thursday that the U.S. Securities and Exchange Commission is investigating the state's municipal bond offerings...
3 Feb 2011
Kinder Morgan Inc expects to raise as much as $2.3 billion, more than first expected, in an initial public offering of 80 million shares, the private equity-backed pipeline company said...
3 Feb 2011
Tunisia has suspended plans to launch an initial public offering for state-owned Tunisie Telecom...
3 Feb 2011
Saudi Telecom Company and its closest competitor Mobily could sell a large stake in a combined $2.5 billion merged towers business...
3 Feb 2011
A senior executive at state oil company Rosneft, whose alliance with BP has a drawn a legal challenge from the British major's co-investors in rival TNK-BP, scoffed at the prospect of TNK-BP as a potential partner...
3 Feb 2011
Russian mobile operator Vimpelcom will not be able to keep its $6 billion purchase of assets from Wind Telecom on track for much longer in the face of Telenor's opposition...
3 Feb 2011
Newmont Mining Corp has agreed to buy Fronteer Gold Inc for C$2.3 billion ($2.3 billion), extending its presence in the western United States as bullion prices hover near record highs.
3 Feb 2011
BJ's Wholesale Club Inc said it may put itself up for sale, under pressure from a private equity firm that may make a hostile bid...
3 Feb 2011
Carl Icahn further raised his stake in Hain Celestial Group Inc, according to a regulatory filing...
3 Feb 2011
PepsiCo Inc said it completed its acquisition of 66 percent of Russian juice and dairy company Wimm-Bill-Dann and said it expects to make an offer for the remaining shares by March 11...
3 Feb 2011
Santander, the euro zone's largest bank, reported an 8.5 percent drop in net profit on Thursday, dragged lower by provisioning against bad Spanish assets following a property crash...
3 Feb 2011
The "Volcker rule" aimed at curbing risky bank trading and new limits on the derivatives market are being targeted for review by Republicans on a key U.S. House committee, according to a draft oversight plan...
3 Feb 2011
BTG Pactual, Brazil's largest independent securities firm, agreed to buy an undisclosed stake in video and home appliance retailer Casa&Video...
2 Feb 2011
U.S. securities regulators proposed giving investors more anonymity in making derivatives trades than...
2 Feb 2011
Bank of Ireland offered on Wednesday to exchange 300 million euros ($415.3 million) of subordinated debt in return for government guaranteed securities at...
2 Feb 2011
R LJ Lodging Trust filed with U.S. regulators on Wednesday to raise up to $550 million in an initial public offering of its common stock...
2 Feb 2011
Egyptian telecoms tycoon Naguib Sawiris said he did not expect the country's political protests to have a big impact on his business and would not hamper a planned sale of assets to Vimpelcom...
2 Feb 2011
Private equity fund KKR has agreed with a Turkish partner to bid for assets belonging to Turkey's biggest media group Dogan Yayin...
2 Feb 2011
Institutional investors would get a chance to see the prices at which swaps are trading under a key proposal unveiled by U.S. securities regulators...
2 Feb 2011
Bank of America Corp was hit with a lawsuit on Wednesday claiming the lending giant hid foreclosure problems that eventually led to a decline in its share price...
2 Feb 2011
Sri Lanka's Amana Bank on Wednesday said it had received central bank approval to start the island nation's…
2 Feb 2011
The United Arab Emirates central bank will come up with new rules to prevent the Gulf Arab country's banks from charging excessive fees...
2 Feb 2011
Euro zone states should coordinate fiscal and economic policy more closely, but Germany needs to make concessions over its plans to harmonise tax and labour laws, Spain's Prime Minister Jose Luis Rodriguez Zapatero said...
2 Feb 2011
Expectations that GlaxoSmithKline will restart a share buyback programme in 2011 have risen with the sale of its stake in Quest Diagnostics for some $1.7 billion (1 billion pounds), or $1.1 billion after tax...
2 Feb 2011
Sportswear retailer JD Sports Fashion has approached its struggling rival JJB Sports about a possible takeover offer, the two companies said on Wednesday...
2 Feb 2011
Philippine conglomerate Metro Pacific Investments Corp said on Wednesday it has offered $1.1 billion…
2 Feb 2011
BP said U.S. regulators were considering filing charges against it related to alleged manipulation of the gas market...
2 Feb 2011
Shopping mall operator Sonae Sierra Brasil raised 478.3 million reais (US$288 million) in an initial public offering on Tuesday, the second Brazilian company in two days to go public as a busy IPO period gets under way...
2 Feb 2011
Israeli police questioned the chief executive of Bank Hapoalim regarding a loan given to the bank's former chairman Dan Dankner...
2 Feb 2011
Britain's BP Plc put half its U.S. refining assets up for sale on Tuesday, including the huge Texas City plant, a potentially prize asset but one that carries the stigma of a 2005 blast that killed 15 workers...
1 Feb 2011
Japan's economy will emerge from a lull shortly and is certain to pull out of deflation over time, a Bank of Japan policymaker said, offering a somewhat upbeat take on the outlook on budding signs of a recovery...
1 Feb 2011
Borders Group Inc, the second-largest U.S. book chain, may file for bankruptcy later this month, a source familiar with matter said...
1 Feb 2011
A New York state appeals court on Tuesday dismissed a lawsuit in which bond insurer MBIA Inc accused Merrill Lynch & Co of fraudulently misleading it into providing...
1 Feb 2011
Technology-focused hedge fund STG Capital, which did business with an expert network firm that has figured prominently in an ongoing U.S. insider trading investigation...
1 Feb 2011
U.S. bank Citigroup took control of troubled music company EMI from private equity owner Guy Hands, bringing an end to a long ownership battle and teeing up the firm behind...
1 Feb 2011
Five U.S. luxury resort hotels, including the Arizona Biltmore, filed for bankruptcy, just days after...
1 Feb 2011
Brazil's BM&FBovespa, the world's third-biggest exchange operator, expects that at least 13 companies will go public in Brazil through April, suggesting strong activity in the equity markets as...
1 Feb 2011
BP's Russian partners in its TNK-BP joint venture turned up the heat on the British company to scrap or modify a rival tie-up with state oil group Rosneft by resolving to block a $1.8 billion dividend...
1 Feb 2011
Moly Mines said it received a commitment letter from China Development Bank for up to $250 million for its...
1 Feb 2011
U.S. banking regulators will meet next week to consider a proposal that would ban bonus payments that promote "inappropriate" risk-taking by financial industry executives and employees...
1 Feb 2011
The Depository Trust and Clearing Corporation will open an office in Washington, D.C., as lawmakers and regulators look to such securities clearinghouses to...
1 Feb 2011
Top trader Cargill has seen more buying and stockpiling of food commodities in the Maghreb region alongside the Egypt unrest, a senior executive said on Tuesday...
1 Feb 2011
Indian mobile phone operator Essar is downplaying plans to inject part of its 33 percent stake in the Vodafone Essar venture into a listed shell company after objections by its partner Vodafone...
1 Feb 2011
Input prices jumped in Chinese and Indian factories in January, adding to pressure from food inflation that the fast-growing economies are already struggling to contain, business surveys showed on Tuesday...
1 Feb 2011
No direct threat to ships passing through the strategic Suez Canal waterway exists at the moment, despite unrest in Egypt...
1 Feb 2011
Specialist insurer Pension Insurance Corporation (PIC) said on Monday it will insure a portion of Japanese car company Honda Group's UK pension scheme, as it seeks to reduce risks in the scheme...