A New York state appeals court on Tuesday revived a lawsuit accusing UBS AG [UBSN.VX] of fraudulently causing $331 million of losses from collateralized debt obligations issued before the financial crisis.
A court in Hong Kong on Monday adjourned the trial of a 29-year-old British banker charged with killing two women until later this month to allow for the suspect to undergo a psychiatric assessment.
A 29-year-old British banker has been arrested in Hong Kong in connection with the grisly murder of two women, a rare occurrence in a city known for its low homicide rate.
A group of funds that threw a monkey wrench in Bank of America Corp's (BAC.N) proposed $8.5 billion settlement with investors in mortgage-backed securities will object to JPMorgan Chase & Co's $4.5 billion offer to settle claims over similar investments, according to the lawyer that represents them.
