Department Of Justice News
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Updated 10 minutes ago
Ranbaxy Laboratories Ltd., India’s largest drugmaker, reported its biggest quarterly loss in at least four years, after the company took a $500 million charge to settle a legal dispute with U.S. authorities in December.
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Mitt Romney has long had close ties to hotel operator Marriott International Inc. The candidate for the Republican presidential nomination, whose full name is Willard Mitt Romney, was named after the chain’s founder, J. Willard Marriott, a friend of his father. He joined the company’s board in 1993, and has served on it for 11 of the past 19 years, including six as chairman of the audit committee.
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UBS AG’s decision to become first- confessor as regulators probe the alleged manipulation of interest rates will ratchet up the risks for other banks that set the benchmark for $360 trillion of securities worldwide.
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Britain’s Financial Services Authority is investigating “significant cross-border allegations in regards to Libor.”
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Danone SA and Nestle SA, vying to buy Pfizer Inc.’s infant-nutrition unit, are working on ways to overcome antitrust hurdles after submitting preliminary bids of about $10 billion, said two people with knowledge of the matter.
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European Union antitrust regulators are probing possible collusion between companies involved in derivatives trading based on the London interbank offered rate, or Libor.
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UBS AG, Switzerland’s biggest bank, sought immunity from prosecution by Canadian regulators probing a potential conspiracy to rig the price of derivatives globally, three people with knowledge of the inquiry said.
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UBS AG, Switzerland’s biggest bank, sought immunity from prosecution by Canadian regulators probing a potential conspiracy to rig the price of derivatives worldwide, three people with knowledge of the inquiry said.
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UBS AG, Switzerland’s biggest bank, sought immunity from prosecution by Canadian regulators probing a potential conspiracy to rig the price of derivatives globally, three people with knowledge of the inquiry said.
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An ex-Citigroup Inc. executive accused in a probe by Japanese regulators of suspected interest- rate manipulation denied wrongdoing and said authorities never questioned him before they issued findings.
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