Federal authorities in NY announce mortgage fraud charges against 41 people in 4 statesOctober 15th, 2009 41 people in 4 states charged in mortgage fraudNEW YORK — Federal authorities have charged 41 people in a mortgage fraud involving tens of millions of dollars. Thirty-one people have been arrested in New York, Pennsylvania, Ohio and North Carolina.
China's super-rich only second to USOctober 13th, 2009 BEIJING - China's super-rich have bounced back from the financial crisis, and the country now has more known dollar billionaires than any other nation except the US, a study released Tuesday said. The annual Hurun Report said China has 130 known dollar billionaires, up from 101 last year.
J.P.Morgan sells unit to top Canadian bankSeptember 29th, 2009 TORONTO - The Royal Bank of Canada, which is the country's top bank, Tuesday acquired J.P. Morgan's Investment Advisor Servicing Business.
Australia's ANZ Bank buys ING's share of joint ventures for $1.5 billionSeptember 25th, 2009 ANZ buys ING's stake in joint ventures for $1.5BSYDNEY — ANZ Bank said Friday it will buy Dutch-based ING Groep NV's stake in their Australian and New Zealand life insurance and wealth management joint ventures for 1.76 billion Australian dollars ($1.53 billion). Shares in Australia & New Zealand Banking Group Ltd., one of Australia's largest banks, gained more than 2 percent to a 16-month high on Friday on news that it had bought out ING's 51 percent stake in the joint ventures established in 2002.
Biographical information on Kennedy interim successor Paul KirkSeptember 24th, 2009 Kennedy interim successor Paul Kirk, at a glanceNAME — Paul G. Kirk Jr. AGE— 71; born Jan.
Family fortune helped fuel Sen. Kennedy's successful winning streak and forge liberal agendaAugust 30th, 2009 Fortune helped fuel Kennedy family legacy, agendaBOSTON — Sen. Edward Kennedy's family fortune not only fueled his brothers' presidential campaigns and his eight terms in the U.S.
Financial disclosure forms show Sen. Kennedy had personal wealth in tens of millionsAugust 30th, 2009 Financial reports: Kennedy wealth tens of millionsAnnual federal financial disclosure forms give a glimpse into Sen. Edward Kennedy's wealth at the time of his death.
China sovereign wealth fund says it lost 2.1 percent on its global portfolio in 2008August 7th, 2009 China fund lost 2.1 pct on global portfolio in '08BEIJING — China's sovereign wealth fund said Friday it lost 2.1 percent last year on its global portfolio and defended its performance as being better than other such funds amid worldwide financial turmoil. The China Investment Corp., launched in 2007 with $200 billion in assets, was the target of criticism at home after early investments in U.S.
Quarterly earnings of major companies tentatively scheduled for the week of 8/10/09August 6th, 2009 Earnings schedule for week of 8/10/09Major companies tentatively scheduled to report quarterly earnings next week:
Monday
ENGLEWOOD, Colo. — Dish Network Corp.
No new voluntary disclosure scheme: PranabJuly 14th, 2009 NEW DELHI - The government is not considering a fresh disclosure scheme for unearthing hidden wealth even as talks are underway with Mauritius to ensure Indians are not able to park their ill-gotten wealth in the island nation, parliament was informed Tuesday. A committee was set up in 2004 and has made some recommendations but I am not enamoured with another disclosure scheme, Finance Minister Pranab Mukherjee said during question hour in the Rajya Sabha.
Manmohan Singh has made India one of world's fastest-growing economies: TimeJuly 13th, 2009 WASHINGTON - One does not need charisma to make a leader, says Time magazine, citing Prime Minister Manmohan Singh's example who has made India one of world's fastest-growing economies and changed tens of millions of lives for the better. A speech by "Manmohan Singh, it has been said, is a natural remedy for sleep disorders," suggested author Michael Elliott in an article titled "No Charisma? Don't Worry, You Can Still Be a Leader" in the influential US news magazine
"During a raucous debate on a vote of confidence in the Indian parliament last year, Singh's closing speech was so subdued that it was drowned out by the opposition.
Earnings schedule for week of 6/15/09June 11th, 2009 Earnings schedule for week of 6/15/09Major companies tentatively scheduled to report quarterly earnings next week:
Monday
No major announcements. Tuesday
SAN JOSE, Calif.
Cosmetics co. Revlon names CFO Ennis to replace Kennedy as CEO, Kennedy to be vice chairmanApril 30th, 2009 Revlon names CFO Ennis as chief executiveNEW YORK — Cosmetics company Revlon Inc. said Wednesday Chief Financial Officer Alan T.
Jersey delegation returns to India to showcase Island's International Finance CentreMarch 16th, 2009 MUMBAI - A delegation from the Channel Island of Jersey is in India this week, to highlight the capabilities of its finance centre as a gateway to European investment, wealth management and to emphasize the regulatory standards and legal and regulatory features of the jurisdiction. Jersey is an Island close to the coast of northern France but still a part the British Crown.
Indian Bank launches wealth management advisory servicesFebruary 6th, 2009 CHENNAI - As a first step towards launching a portfolio management services subsidiary, the city-based Indian Bank launched wealth management advisory services to its high net worth clients, said a top official. 'As per a study done in 2007, around $250 billion investible surplus is available in India and this figure will go up to $1 trillion by 2012,' the bank's chairman and managing director M.S.
Loading ...