Search Results for: BNY
Investors are eager for African sovereign debt, despite risks
October 24th, 2014
Five men in dark business suits gathered before Maria Kiwanuka in a semicircle. They were international bankers and they had a pitch to make. Ms. Kiwanuka, the finance minister of Uganda, was sitting up on a small riser, her ...
Drug maker seeks to block competitor’s inversion
September 17th, 2014
Pharmaceutical company, Endo International, which struck an inversion last year and reincorporated in Ireland, tries to stop an inversion by Auxilium Pharmaceutical, a smaller rival. Endo made on Tuesday an unsolicited offer to buy Auxilium for $28.10 a share ...
Brazilian Mogul faces charges of Insider Trading
September 15th, 2014
The Brazilian businessman Elike Batista was accused of manipulating the share price of his now-bankrupt petroleum company, OGX, and engaging in insider trading. The investigation from the public prosecutor began in April. If a trial takes place and Mr. ...
Cities Compete to Be the Arena for Global Legal Disputes
September 12th, 2014
The 48-mile Panama Canal expansion is an engineering marvel that promises to speed up international commerce and may be a boon for global ports. It is also one that involves lots of disputes over cost overruns and construction delays, ...
Coinbase Extends Bitcoin Access to International Customers
September 11th, 2014
Coinbase is taking its Bitcoin services to Europe in a move that could help expand the virtual currency’s reach. The company, one of the most popular digital wallet providers, said on Wednesday that it was expanding to 13 European ...
Phone Giants close to Joint Bid for Telecom Italia’s Brazil Unit
September 10th, 2014
América Móvil of Mexico, Oi of Brazil and Telefónica of Spain are coming together on a joint offer to buy Telecom Italia’s Brazil operations, TIM Participações, a person with close knowledge of the negotiations said on Tuesday. TIM’s market ...
Brokers Battle Deutsche Bank Over Selling In-House Products
September 9th, 2014
Since the market collapse of 2008, scrutiny has intensified on the way large banks and securities firms treat their brokerage customers, particularly when it comes to steering them into the firms’ own products. One possibility raised in the 2010 ...
Shifting Polls in Scotland Send Investors Rushing for Shelter
September 9th, 2014
Scotland, home to just five million people, has never weighed on the minds of currency traders and market investors the way that Russia or China or the eurozone has — until now. A poll this weekend showed Scottish voters ...
Promise From European Central Bank Is Also a Gamble
September 5th, 2014
By promising to rev up the printing presses, the European Central Bank has created hope in the markets that Europe may finally start to overcome its economic challenges. Yet the central bank is taking a big gamble in directing ...
Investment in Latin America Falls 10% in First Half
September 5th, 2014
Private equity and venture capital investments in Latin America dropped by 10 percent in the first half of this year compared with figures in the period a year earlier, the Latin American Private Equity and Venture Capital Association said ...
