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January 21, 2010
SEC litigation release for General Re
Litigation Release No. 21384...January 20, 2010 Securities and Exchange Commission v. General Re Corporation, Civil...SEC Charges General Re Corporation for Role in AIG and Prudential Accounting Frauds The Securities and Exchange Commission...today charged General Re Corporation for its involvement in separate schemes... By
5:45am
Chinese exports and imports rise strongly
...with the latest broadside published in a front-page editorial in the official China Securities Journal on Wednesday. Conditions are...China to allow any major yuan appreciation in the first half of the year, and it will...rise, it said. Beijing has in effect re-pegged the yuan around 6.83 per dollar... By Justine Lau in Hong Kong and agencies
February 6, 2010
Ace service in San Francisco
...they share at the table. Tips are bigger in the US (15-20 per cent) and waiters are sometimes higher paid than their managers. In mainland Europe, family restaurants help to...high; it’s hard to be slack if you’re the owner’s cousin and the cook’s husband.California cuisine is in some ways following the lead of modern British... By Jacob Kenedy
February 5, 2010
State Street settles over subprime disclosure
...which by then had invested heavily in bonds backed by first-lien mortgages...such investments or its use of leverage in marketing materials. As a result, many investors believed they had limited exposure to subprime securities.State Street provided more detailed...State Street raised almost $700m in cash to meet expected investor redemption...wrongdoing.The company said previous litigation reserves were sufficient to cover the... By Suzanne Kapner in New York
February 5, 2010
State Street settles with SEC over subprime disclosures
...which by then had invested heavily in bonds backed by first-lien mortgages...such investments or its use of leverage in marketing materials.As a result, many investors believed they had limited exposure to subprime securities.State Street provided more detailed...State Street raised almost $700m in cash to meet expected investor redemption...wrongdoing.The company said previous litigation reserves were sufficient to cover the... By Suzanne Kapner in New York
February 5, 2010
It’s a travesty older women haven’t broken the bulletproof ceiling
...eliminating gender-based discrimination in the workplace in spite of the limited advantages that have come our way.The current recession and “once-in-a-century” financial crisis have...please don’t feel threatened. We’re in this together.Jessica Khine,Vice...Japanese Equity Sales,Mitsubishi UFJ Securities,Singapore
7:43am
Nikkei bounces back after two-month low
...investors after risk aversion increased in the past two weeks on concern about the fiscal...It’s hard to expect the problems in southern Europe will end up being limited in that region and it will likely take a while...Nakajima, deputy general manager at Cosmo Securities.“The market will probably be range... By
February 18, 2005
Rivals attack ACE sell-off
...the cost for tens of millions of dollars in asbestos and environmental liabilities...yesterday, urging them to block the sale of ACE Re, Brandywine and Brandywine UK, which...The insurers would like to participate in a public hearing before Pennsylvania...insurance department to discuss the sale. "ACE should not be permitted to go forward...the cost of past exposure to asbestos litigation. Under Pennsylvania law, AIG, Chubb... By Ellen Kelleher in New York
January 26, 2010
Earnings better than expected at McGraw-Hill
...Highlighting double-digit growth in revenues from e-books, Mr McGraw said: “In the near future you’ll undoubtedly see...share revenue with Apple”, he said. in an apparent reflection of concerns...to Lehman Brothers mortgage-backed securities litigation. By Andrew Edgecliffe-Johnson in New York
January 27, 2010
Upbeat McGraw-Hill hopes to benefit from Apple tablet
...education business and continued strength in the college and university market. Highlighting double-digit growth in revenues from e-books, Mr McGraw said: "In the near future you'll undoubtedly...to Lehman Brothers mortgage-backed securities litigation. By Andrew Edgecliffe-Johnson in New York