Bank of England's Prudential Regulation Authority Chief Executive Officer Andrew Bailey denied allegations regarding the central bank condoning the practice of traders sharing impending customers via chat rooms, said a Bloomberg report.
Teo Geok Fong claimed that HSBC Holdings Plc misled her in investing several high-risk assets that resulted to losses, according to her lawsuit filed with the Singapore High Court.
Investors in Global A&T Electronics, including private equity firms Blackstone Group and Farallon Capital Management, has filed a class suit against the company, seeking the reversal of a $500 million debt swap deal.
Former senior executive of Bechtel Corp Asem Elgawhary has been formally charged eight counts of money laundering and fraud-related charges by federal prosecutors in Maryland, according to an indictment made public.
