Posted by Reuters: Business News on February 3, 2012
NEW YORK (Reuters) – Despite the determination of President Obama to take Wall Street to court for the financial crisis, prosecutors face an uphill struggle to win more convictions like the two they scored on Wednesday against former Credit Suisse Group AG mortgage traders.
Posted by Reuters: Business News on February 2, 2012
(Reuters) – Competition watchdogs are stifling those companies still braving economic uncertainty to attempt mergers and acquisitions, say bankers and lawyers who claim the burden of bureaucracy has intensified with the financial crisis.
Posted by Reuters: Business News on January 31, 2012
(Reuters) – U.S. authorities are preparing to charge four former Credit Suisse Group AG employees with criminal and civil fraud related to write-downs on subprime mortgage derivatives at the height of the financial crisis, sources familiar with the matter said.
Posted by Reuters: Business News on January 12, 2012
TORONTO (Reuters) – Deep in the financial crisis, a Canadian pension fund entrusted with the nest eggs of 17 million workers bet a chunk of that money on Internet phone service Skype, venturing well outside its tradition of long-term, conservative investing.
Posted by Reuters: Business News on January 10, 2012
LONDON (Reuters) – A group of specialist banks are profiting from Europe’s financial crisis, thanks to a surge in demand for securities which allow traders to bet against bank stocks and government bonds.
Posted by Reuters: Business News on January 6, 2012
BUDAPEST (Reuters) – A rating downgrade on Friday left Hungary’s debt rated “junk” across the board, underscoring investors’ doubts about the government’s willingness to change its controversial policies in return for aid to stave off a financial crisis.
Posted by Reuters: Business News on December 16, 2011
NEW YORK (Reuters) – Six former top executives at Fannie Mae and Freddie Mac were sued by U.S. regulators on charges of misleading investors about the mortgage finance companies’ exposure to risky home loans in the run-up to the 2008 financial crisis.
Posted by Reuters: Business News on
NEW YORK (Reuters) – Six former top executives at Fannie Mae and Freddie Mac were sued by U.S. regulators on charges of misleading investors about the mortgage finance companies’ exposure to risky home loans in the run-up to the 2008 financial crisis.
Posted by Reuters: Business News on
NEW YORK (Reuters) – Six former top executives at Fannie Mae and Freddie Mac were sued by regulators, who said they misled investors over the mortgage finance companies’ exposure to risky home loans in the lead-up to the 2008 financial crisis.
Posted by Reuters: Business News on November 30, 2011
LONDON (Reuters) – The world’s top four audit firms will have to split up and rename themselves under a far-reaching draft European Union law to crack down on conflicts of interest and shortcomings highlighted by the financial crisis.
