Citigroup Inc. and JPMorgan Chase & Co. are bracing investors for a fourth straight drop in first- quarter trading, a period of the year when the largest investment banks typically earn the most from that business.
Kirby McInerney LLP was selected to act as lead counsel in litigation over alleged manipulation of Brent crude oil prices, overcoming claims by a rival law firm that its attorneys are too inexperienced to run the case.
Weil, Gotshal & Manges LLP represented Lenovo Group Ltd. in its purchase of Google Inc.’s Motorola Mobility phone unit for $2.91 billion. Cleary Gottlieb Steen & Hamilton LLP advised Google on the deal.
India is planning to combine the stock and commodities market regulators after a payment crisis led to the collapse of the nation’s biggest spot exchange, three people with direct knowledge of the matter said.
Banks bound by cooperation agreements in an interest-rate rigging probe are providing a windfall of information to U.S. prosecutors investigating possible currency manipulation, according to a Justice Department official and a person familiar with the matter.
Commodities traders who buy and sell as much as $5.67 trillion of raw materials a year say the benchmark prices for everything from oil to iron ore to gasoline are wrong as often as 27 percent of the time.