Mark Howard News
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Mark Howard, managing director of credit research at BNP Paribas SA, said that increased bond sales from companies in Europe’s most troubled economies is due to improved investor confidence.
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Irish Nationwide Building Society, the nationalized property lender, asked a London court to dismiss a lawsuit by two subordinated bondholders who are seeking to have the lender wound up.
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United Co. Rusal Chief Executive Officer Oleg Deripaska confronts a figure from his past he might rather forget in a $1 billion courtroom battle with Michael Cherney that began today in London.
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Former Bear Stearns Cos. hedge-fund managers Ralph Cioffi and Matthew Tannin, acquitted in 2009 of criminal charges they misled investors, agreed to pay $1.05 million to settle a related civil case brought by the U.S. Securities and Exchange Commission.
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Two Irish Nationwide Building Society subordinated bondholders told a London court that a lawsuit seeking the liquidation of the nationalized property lender should be allowed to proceed.
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United Co. Rusal Chief Executive Officer Oleg Deripaska accused Michael Cherney, who is suing him for $4.3 billion, of making mysterious payments to politicians including Israel Deputy Prime Minister Avigdor Liberman.
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Lawyers for United Co. Rusal Chief Executive Officer Oleg Deripaska denied their client had been a “struggling student” who relied on Michael Cherney to build his metals business two decades ago, in a $1 billion lawsuit between the two men.
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MF Global Inc.’s workforce of 1,066 broker-dealer employees was fired as the failed brokerage closes its New York office and liquidates in an attempt to return assets to customers under the guidance of a trustee as the company submits to bankruptcy and regulatory investigations.
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