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French public bank could be used to avert foreign takeovers: MD
ReutersPARIS (Reuters) - France's new Public Investment Bank will usually buy minority stakes in French firms but could take a majority holding to prevent a foreign takeover, its managing director Nicolas Dufourcq said on Wednesday. The bank, set up at the...Tags: Investments, Politics, Elections, Finance, France
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Experts: Smartphones another avenue for hackers, thieves to steal financial info
Associated PressMIAMI (AP) — Smartphones are increasingly popular not only with consumers, but also with thieves who see the devices as another way to tap into bank accounts and other sensitive information, experts say. Many consumers simply don't realize how...Tags: Criminals, Email, Consumers, Computer Hardware, Media Industry
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Deutsche Bank names head of Americas asset and wealth
Reuters(Reuters) - Deutsche Bank AG said on Wednesday it has named Jerry Miller to run the German bank's asset and wealth management business in the Americas. Miller, a Morgan Stanley and Merrill Lynch veteran, will be based in New York and report to Michele...Tags: Deutsche Bank AG, North America, Bank of America Corp., Morgan Stanley Dean Witter & Company
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Pre-paid cards, phones and codes are inmates' currency
In the black market of Maryland's prisons and jails, where the right price can secure cellphones and drugs, transactions unfold through a complex system of currency. Among the key elements: 14-digit codes, prepaid debit cards and text messages. One...
Tags: Prosecution, Howard County, Blackmail and Extortion, Crime, Law and Justice, Mount Vernon
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Motor racing's Ecclestone denies bribery in German case - lawyers
ReutersFRANKFURT (Reuters) - Lawyers for Formula One Chief Executive Bernie Ecclestone reiterated on Wednesday that he had not bribed a German banker during the 2005-2006 sale of a stake in the motor racing business, after a newspaper reported he had been...Tags: Munich (Germany), Prosecution, Bribery, Corporate Crime, Auto Racing
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Dish lines up banks to finance Sprint bid -sources
ReutersBy Soyoung Kim and Olivia Oran NEW YORK, May 15 (Reuters) - Dish Network Corp has lined up four banks to finance its $25.5 billion bid for Sprint Nextel Corp, escalating the bidding war against Japanese telecom company SoftBank Corp, according to two...Tags: Royal Bank of Canada, Finance, Economy, Business and Finance, Barclays PLC
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Private equity looks to pounce on cut-price India infrastructure
ReutersBy Indulal PM and Sumeet Chatterjee MUMBAI, May 16 (Reuters) - Private equity investment in Indian infrastructure is poised to pick up following a lengthy dry patch as debt-stressed operators of toll roads and other projects come under pressure from...Tags: Bank of America Corp., Bonds, Australia, Heavy Engineering, Manufacturing and Engineering
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UBS Americas hires in-house experts to spur life insurance sales
ReutersNEW YORK (Reuters) - After years of urging its financial advisers to sell more life insurance, UBS Wealth Management Americas is bringing in full-time experts and offering financial incentives to prod its tradition-bound sales force outside its comfort...Tags: Politics, Insurance, UBS AG, Bank of America Corp., Pension and Welfare
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Dish lines up banks to finance Sprint bid: sources
ReutersNEW YORK (Reuters) - Dish Network Corp has lined up four banks to finance its $25.5 billion bid for Sprint Nextel Corp, escalating the bidding war against Japanese telecom company SoftBank Corp, according to two people familiar with the matter. Dish, run...Tags: Royal Bank of Canada, Finance, Economy, Business and Finance, Barclays PLC, Sprint Nextel Corporation
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Palm Beach County man accused of stealing over $380K in loan fees from 12 victims
From a rented office in Palm Beach Gardens, investigators say a Palm Beach County man stole thousands of dollars from around the world. Sean Michael Morrison, 31, faces 10 fraud charges after investigators say he stole $380,350 from 12 victims, three...
Tags: Rentals, West Palm Beach, Palm Beach Gardens, Palm Beach (Palm Beach, Florida), Wachovia Corp.
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After ATM heist, India's IT sector again in unwelcome spotlight
ReutersMUMBAI/BANGALORE (Reuters) - A breach of security at two payment card processing companies in India that led to heists at cash machines around the world has reopened questions on the risks of outsourcing sensitive financial services to the Asian nation....Tags: Germany, Criminals, Prosecution, U.S. Department of Justice, Technology
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CEO of SocGen Russia unit held over suspected kickbacks
ReutersMOSCOW (Reuters) - The chief executive of Societe Generale's Russian unit was detained on Wednesday on suspicion of taking bribes, dealing a blow to one of the few foreign banks that has dared to challenge Russia's dominant state banks. The investigation...Tags: Corporate Officers, BP Plc, Vladimir Potanin, Corporate Crime, Moscow (Russia)
May 15, 2013
|Story| Reuters
May 15, 2013
|Story| AP Broadcast
May 15, 2013
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May 11, 2013
|Story| Baltimore Sun
May 15, 2013
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May 15, 2013
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May 15, 2013
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May 15, 2013
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May 15, 2013
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May 15, 2013
|Story| South Florida Sun-Sentinel
May 14, 2013
|Story| Reuters
May 15, 2013
|Story| Reuters
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