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Sunday, February 5, 2012

Silicon Valley calls the help desk on Volcker rule

Posted by Reuters: Business News on January 12, 2012

WASHINGTON (Reuters) – While Wall Street giants fight to get regulators to loosen the broad trading restrictions of the Volcker rule, a bank that sits in the heart of California’s high-tech corridor has mounted its own aggressive and more focused lobbying effort.



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AT&T’s T-Mobile deal could be affected by election

Posted by Reuters: Business News on November 29, 2011

NEW YORK (TheWrap.com) – The chances of an AT&T-T-Mobile merger grow dimmer by the day, but there may yet be hope on the horizon for the telecommunications giants — next year’s election.



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California attorney general subpoenas Fannie, Freddie: report

Posted by Reuters: Business News on November 18, 2011

(Reuters) – The California attorney general’s office has sent subpoenas to Fannie Ma e and Freddie Mac in a wide-reaching probe into the government-backed mortgage giants’ lending and foreclosure practices, the Los Angeles Times reported Thursday.



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Exclusive: China quizzes audit giants on documents

Posted by Reuters: Business News on October 19, 2011

SINGAPORE/NEW YORK (Reuters) – China’s financial regulators have asked the world’s biggest audit firms to urgently review their work on U.S.-listed Chinese companies and give details on information they may have provided to overseas regulators, two sources told Reuters.



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China quizzes audit giants on foreign regulator contact

Posted by Reuters: Business News on

NEW YORK/SINGAPORE (Reuters) – China’s financial regulators have asked the world’s biggest audit firms to urgently review their work on U.S.-listed Chinese companies and give details on information they may have provided to overseas regulators, two sources told Reuters.



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China quizzes audit giants on foreign regulator contract

Posted by Reuters: Business News on

NEW YORK/SINGAPORE (Reuters) – China’s financial regulators have asked the world’s biggest audit firms to urgently review their work on U.S.-listed Chinese companies and give details on information they may have provided to overseas regulators, two sources told Reuters.



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Insight: Gucci, Tiffany target Chinese banks

Posted by Reuters: Business News on October 4, 2011

NEW YORK (Reuters) – Two Western luxury-goods giants are taking a controversial tack in the fight on Chinese knockoffs, by targeting the U.S. branches of major Chinese banks that allegedly do business with the pirates.



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Regulator to sue major banks over mortgages

Posted by Reuters: Business News on September 2, 2011

WASHINGTON (Reuters) – A U.S. regulator is filing lawsuits against major banks, accusing them of bundling subprime home loans into bonds that never should have been sold to investors, and causing mortgage giants Fannie Mae and Freddie Mac to lose billions, a source said.



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Unilever, P&G fined 315 million euros for price fixing

Posted by Reuters: Business News on April 13, 2011

BRUSSELS (Reuters) – Consumer goods giants Unilever and Procter & Gamble were fined 315.2 million euros ($456 million) by EU regulators on Wednesday for fixing washing powder prices in eight EU countries.



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Unilever, P&G fined 315.2 million euros for price fixing

Posted by Reuters: Business News on

BRUSSELS (Reuters) – Consumer goods giants Unilever and Procter & Gamble were fined 315.2 million euros ($456 million) by EU regulators on Wednesday for fixing washing powder prices in eight EU countries.



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