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Move comes as authorities face $9bn in legal claims over rescue of failed bank
Bank of China and ICBC in a group of four banks behind £190mn loan that matures end of April
...However, judge Gary Klausner of the Central District of California court rejected the appeal, reaffirming a US Supreme Court decision that Rico claims can be made by non-US residents....
...Additional reporting by Robert Smith This article has been updated to clarify the ownership of the Bombardier Global 7500 jet....
...Additional reporting by Akila Quinio, Stephen Morris, Robert Smith and Euan Healy...
Diktat is designed to reduce risks of the transaction that was orchestrated by Swiss government
Bankers contact lawyers over bond-linked rewards that were wiped out by UBS rescue
Financier named among suspects following two-year police investigation into collapse of funds offered by bank
...An asset sale would “merely [kick] the can down the road and doesn’t address the fundamental issue that the bank is over-costed and lacks scale”, said Gary Greenwood, analyst at Shore Capital....
...Gary Greenwood, at Shore Capital, described the deal as a “very painful rescue” for existing equity and debt holders, and voiced scepticism about its outlook....
...Then SEC chair Gary Gensler used his personal X account to shoot down what turned out to be a hack....
Investors return after write-off of $17bn of risky debt during Swiss banking deal
Investor interest in debt yielding about 9.6% comes after UBS received $36bn of demand last week
...Having grown up in the rustbelt city of Gary, Indiana, 45 minutes from Chicago, she worked for years in a steel factory while making challenging electronic music in her spare time....
...(Written by Simon Mundy; reporting by Nimra Shahid, Robert Soutar and Simon Mundy) Smart read Gary Gensler, head of the US Securities and Exchange Commission, has embarked on an aggressive programme of...
...The BBC has come under fire in recent months over its reporting of the war in Gaza and the use of social media by some of its stars, such as the criticism of government policy by Gary Lineker, its highest-paid...
...But he adds that “in executing his duty, Gary can be tough on people”....
...Additional reporting by Owen Walker...
More than $400mn in deferred pay was wiped out after a state-orchestrated rescue by UBS
...And it’s a great series which I really enjoy with Gary Oldman in the lead....
...But then we have seen people who’ve jumped before they were pushed — Owen Paterson, of course, and Boris Johnson. So I think it is a very interesting dynamic....
Swiss bank contested regulator’s justification for wiping out $17bn of bonds
US coastguard warns no guarantee that sounds detected by sonar buoys are coming from vessel
Findings over failings at Swiss bank related to dealings with family office set to be published soon by global regulators
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