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IMF's Lagarde questioned over French arbitration case
ReutersPARIS (Reuters) - IMF chief Christine Lagarde was questioned in court by French magistrates on Thursday over her role in a 285-million-euro ($366 million) arbitration payment made to a supporter of former president Nicolas Sarkozy. Lagarde, in court...Tags: International Organizations, Economy, Business and Finance, International Monetary Fund, Nicolas Sarkozy, Dominique Strauss-Kahn
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IMF chief Lagarde appears in court in French fraud investigation over arbitration deal
Associated PressPARIS (AP) — International Monetary Fund chief Christine Lagarde faced hours of questioning at a special Paris court Thursday over her role in the 400 million euro ($520 million) pay-off to a controversial businessman when she was France's finance...Tags: European Debt Crisis, International Organizations, Government, Economy, Business and Finance, Government Ministers
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87-year-old woman loses to Donald Trump at trial alleging bait and switch by 'Apprentice' star
Associated PressCHICAGO (AP) — An 87-year-old grandmother took on billionaire Donald Trump. And on Thursday, she lost. Jurors sided with the real estate mogul-turned-TV showman in a weeklong civil trial focused on Jacqueline Goldberg's claim that Trump cheated her...Tags: Agatha Christie, Chicago Hotels, Hotel and Accommodation Industry, Trials, Justice System
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Argentina, Repsol struggle to bridge gap over YPF compensation
Reuters* Repsol open to an out-of-court YPF compensation package * Argentina needs foreign funds for YPF shale field * Argentine laws and cash shortages obstacles to any deal By Tracy Rucinski and Karina Grazina MADRID/BUENOS AIRES, May 23 (Reuters) - A year...Tags: International Court or Tribunal, Petroleum Industry, Economy, Business and Finance, Trials, Argentina
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IMF chief Christine Lagarde questioned by French judge
PARIS -- Christine Lagarde, the head of the International Monetary Fund, was questioned by a judge Thursday over her role in a $366-million payout to a businessman supporter of former French President Nicolas Sarkozy. Lagarde appeared in a Paris court to...
Tags: International Organizations, Government, Government Ministers, International Monetary Fund, Dominique Strauss-Kahn
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IMF's Lagarde in court for French arbitration case
ReutersPARIS (Reuters) - IMF chief Christine Lagarde was questioned in court by a French magistrate on Thursday over her role in a 285-million-euro ($366 million) arbitration payment made to a supporter of former president Nicolas Sarkozy. Lagarde risks being...Tags: International Organizations, Economy, Business and Finance, International Monetary Fund, Dominique Strauss-Kahn, Nicolas Sarkozy
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IT firm iGate sacks CEO over undisclosed relationship
ReutersMUMBAI/BANGALORE (Reuters) - IT outsourcing company iGate Corp sacked Chief Executive Phaneesh Murthy after a company sexual harassment investigation revealed that he had not disclosed a relationship with a subordinate. Shares of the company fell 13...Tags: Sexual Misconduct, Wipro Limited, India, Companies and Corporations, Economy, Business and Finance
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Gap willing to sign Bangladesh safety accord, if tweaked
Reuters(Reuters) - Gap Inc's chairman and CEO said on Tuesday the U.S. retailer was ready to sign a global accord designed to prevent another deadly disaster in Bangladesh's garment industry, provided there were some "very minor accommodations." A series of...Tags: Consumer Goods Industries, Old Navy, Bangladesh, Gap Inc., Abercrombie & Fitch Company
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Bankia compensation qualms signal loss of faith in Spain's banks
ReutersMADRID (Reuters) - Many duped savers at Spanish lender Bankia are shunning a state-supervised compensation scheme in favor of expensive lawsuits, prolonging a mis-selling scandal and complicating efforts to restore faith in the banking system. The...Tags: Alzheimer's Disease, Trials, Restructuring and Recapitalization, Crime, Law and Justice, Justice System
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SEC review of brokerages use of arbitration not seen in 2013
ReutersWASHINGTON (Reuters) - Wall Street brokerages' use of mandatory arbitration clauses merits a regulatory review, but the Securities and Exchange Commission will not have time to undertake one before 2014, an SEC commissioner said on Monday. The agency...Tags: U.S. Securities and Exchange Commission, Economy, Business and Finance, Financial and Business Services, Securities, Elisse Walter
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RPT-Bankia compensation qualms signal loss of faith in Spain's banks
Reuters* Spanish govt created compensation scheme to defuse scandal * Bankia expects around 150,000 people to seek arbitration * Lawyers say many people inquiring about taking cases to court By Sonya Dowsett MADRID, May 19 (Reuters) - Many duped savers at...Tags: Alzheimer's Disease, Trials, Banking, Crime, Law and Justice, Justice System
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U.S. judge blocks $13 million arbitration award against SunTrust
Reuters* Judge finds fund not a customer under FINRA rules * Turnberry sought at least $13 mln in arbitration * Case focused on mortgage-backed securities By Nate Raymond NEW YORK, May 17 (Reuters) - SunTrust Banks Inc won an court order on Friday preventing...Tags: Laws, Economy, Business and Finance, Derivative Securities, Mortgages, Securities
May 23, 2013
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May 23, 2013
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May 23, 2013
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May 23, 2013
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May 23, 2013
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May 23, 2013
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May 21, 2013
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May 21, 2013
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May 20, 2013
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May 20, 2013
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May 19, 2013
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May 17, 2013
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