EU Advocate General Cruz Villalon on Wednesday gave legal support to the European Central Bank (ECB) plan to purchase government bonds as an attempt to remedy the financial crisis ... Read More
JP Morgan Chase, the US’s largest bank, has reported a 6.6% fall in quarterly profits after being hit by legal costs. The bank paid almost $1bn (£659m) in costs ... Read More
Deutsche Bank AG was sued in Singapore by Stanley Pan Fang-Jen, a co-founder of Hong Kong-based TPV Technology Ltd. (903), over a $32 million trading loss due to alleged ... Read More
Apple Inc. sued Ericsson , alleging the patents being asserted by the Swedish networking giant aren’t “essential” to high-speed wireless technology the iPhone maker uses in its mobile devices. ... Read More
Fraud cases in UK The volume of fraud cases going through British courts has climbed in the past 12 months, according to an audit firm’s latest Fraud Barometer. According ... Read More
US Supreme Court decision on ex-Goldman Sachs director The US Supreme Court on Monday rejected an appeal by Rajat Gupta, the former Goldman Sachs director convicted of insider trading. ... Read More
Latest news on Money transfer firm Xoom fraud Glancy Binkow & Goldberg LLP announces that it is investigating potential claims on behalf of shareholders of Xoom Corporation (“Xoom” or ... Read More
More than 140 current KPMG US fee-earning female staff have opted in to a lawsuit against the firm. Lawyers contacted 9,000 current and former fee-earning female staff from KPMG in the US, ... Read More
Moody’s Investors Service began an appeal Thursday against a decision by the Hong Kong Securities and Futures Commission to fine the company HK$23 million (roughly US$3 million) for breaching ... Read More
A young Saudi woman has fled the Kingdom accompanied by her husband with SR500 million in fake investments obtained from unsuspecting citizens, a local daily reported. In Jeddah, Al-Salama ... Read More
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