| Judge: BofA鈥檚 Merrill stance 鈥榩uzzling鈥 A federal judge says the details supporting Bank of America Corp.鈥檚 settlement with the Securities Exchange Commission over the bank鈥檚 purchase of Merrill Lynch & Co. are 鈥減uzzling鈥 and 鈥渁t war with common sense.鈥 (BAC) feeds.bizjournals.com |
Banks swoop in Two Washington-based banks with deep pockets are making a move on Portland business customers. feeds.bizjournals.com |
Icap prepares to drop bid for LCH.Clearnet (at FT.com) A consortium of banks and Icap, the world's largest interdealer broker, was on Tuesday preparing to abandon its attempt to take over LCH.Clearnet amid signs that Europe's largest clearing house would secure its future through a shareholder buy-out plan, two people familiar with the matter said. us.rd.yahoo.com |
Avis Tries Harder, Forest Pushes Out Hard Data There's positive earnings news from the big car rental outfit, while constipation drug results stir enthusiasm for Forest Labs. forbes.com |
MUFG results upbeat, scales back Morgan plan (Reuters) Mitsubishi UFJ Financial Group became the third major Japanese bank to post upbeat results, underscoring the improving outlook for the sector, and said it would raise $11 billion to meet stricter capital rules. us.rd.yahoo.com |