US regulators concerned about leverage in large hedge funds
The US financial regulatory agencies are concerned on the leverage held by large hedge funds. Now, they called for a work group that would collect and analyze data on the private firms.
Law & Society
The planned acquisition of Energy Transfer Equity to its peer pipeline company Williams Co is on troubled waters. Certain provisions over the tax opinions have kept both companies in disagreement.
On Monday, UBS AG went to trial over the $2.1 billion in losses that investors incurred on mortgage-backed securities after the collapse of the U.S. housing market.
US President Barack Obama's bid to save his proposal to spare immigrants from deportation and give them work permits instead faced tough situation on Monday at the U.S. Supreme Court .
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