Foley Square News
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U.S. state- and local-government bond underwriters may have to disclose more information about donations to election campaigns backing new debt sales, under a proposal by the Municipal Securities Rulemaking Board.
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The U.S. District Court in lower Manhattan, the primary venue for major financial litigation with jurisdiction over the New York Stock Exchange and bank headquarters, will be closed for the week as a result of the super-storm that pummeled the region.
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The New York field office of the FBI sits a block west of Foley Square, where Roman and Greek- inspired courthouses with four-story colonnades loom over a small town of judicial institutions in which the biggest of America’s financial crimes are prosecuted.
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Bank of New York Mellon Corp. filed a court petition seeking approval of an $8.5 billion settlement with Bank of America Corp. over residential mortgage- securitization trusts.
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Royal Bank of Scotland Group Plc said it did nothing wrong when it fired a former Singapore trader because he sought to manipulate London interbank offered rates to boost his own profits.
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A group calling itself “Occupy the Courts” lost a bid to force the U.S. to issue a permit for a rally outside a New York federal courthouse tomorrow.
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Occupy Wall Street demonstrators, whose attempts to disrupt the New York Stock Exchange were rebuffed by police, took their protest against income inequality to Union Square and the subway system.
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The New York Red Bulls, the soccer team owned by Austrian billionaire Dietrich Mateschitz, must pay property taxes to Harrison, New Jersey, a tax-court judge ruled.
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E*Trade Financial Corp., the New York-based online brokerage, will pay $79 million to settle a shareholder lawsuit over losses from mortgages and home-equity loans.
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Three weeks into the Wall Street demonstrations in Zuccotti Park, one admiring citizen has brought socks and vegetables.
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