Mozilo, Daimler, Hypo Real Estate, Red Sox Soccer, Panalpina in Court News
Former Countrywide Financial Corp. Chief Executive Officer Angelo Mozilo agreed to pay $67.5 million to settle U.S. Securities and Exchange Commission allegations that he misled investors.
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Trial to Amplify the Citi-EMI Discord
Guy Hands and David Wormsley once made beautiful music together. For more than a decade, Mr. Hands, pictured, the flamboyant British financier, struck prominent deals and Mr. Wormsley, a star banker at Citigroup in London, advised on them.
Thailand to Levy 15% Tax on Foreigners’ Bond Income
Thailand will remove a 15 percent tax exemption for foreigners on income from domestic bonds, joining South Korea and Brazil in seeking to curb currency gains that threaten exports.
Glitter of low risk and high margins
Manappuram General Finance and Leasing is an NBFC that specialises in making short-term, high-yielding personal loans to individuals.
Federal funds to help small businesses
Priming the pump of small business to create jobs and speed an economic recovery, the Treasury Department announced Thursday that California will receive about $169 million in federal funds that will be leveraged to support at least $1.7 billion in new small business loans.