The takeover battle for Vivendi SA’s SFR unit, the biggest contested bid in Europe since Royal Bank of Scotland Group Plc captured ABN Amro Holding NV in 2007, is a boon to loan bankers starved of deals for the past six years.
Bank of Nova Scotia Chief Executive Officer Brian Porter said the lender sees the most potential for expansion in Mexico, Peru, Chile and Colombia, countries with economic stability and a rising middle class.
Jose Pimentel, a Manhattan man and alleged al-Qaeda sympathizer accused of trying to build pipe bombs to target U.S. military personnel and civilians, pleaded guilty less than a week before he was set to go on trial.
The New York Yankees gave Japan’s Masahiro Tanaka the fifth-richest contract for a pitcher in Major League Baseball history in an effort to bolster their starting staff after missing the playoffs last season for just the second time in the past 19 years.
U.S. Senator Robert Menendez denied any wrongdoing after NBC 4 New York reported the U.S. Justice Department was probing his efforts to help two fugitive bankers living in Florida avoid extradition to Ecuador.