Carney wants derivatives trading addressed - Globe and
| Carney wants derivatives trading addressed - Globe and car accident insurance settlements Mail OTTAWA The Bank of Canada urged a federal panel studying securities regulation to include derivatives trading as part of its deliberations. In a submission to the Expert Panel on Securities Regulation, Bank of Canada Governor Mark Carney said Source: www.theglobeandmail.com Greenberg in AIG Court Faces Losing Most of $1 Billion in Fees - Bloomberg Aug. 22 (Bloomberg) -- American International Group Inc. shareholders say Maurice ``Hank'' Greenberg and car accident insurance settlements other executives owe them almost $1 billion for diverting funds to a company controlled by the former AIG chief executive officer. A Louisiana Source: www.bloomberg.com Merrill to buy back $10b in securities - Boston Globe In a settlement with Massachusetts, Merrill Lynch & Co. said it would buy back more than $10 billion in auction-rate securities, at the same time authorities are planning a sweep of nearly 40 brokerage firms nationwide to examine their auction-rate Source: www.boston.com More banks settle securities case - BBC Business Merrill Lynch, Goldman Sachs and car accident insurance settlements Deutsche Bank are the latest banks to reach settlement with US regulators over the sale of risky securities. The banks have agreed to buy back billions of dollars in auction-rate securities and car accident insurance settlements pay fines, after Source: news.bbc.co.uk Firms settle auction-rate probes; but more to come - Reuters NEW YORK (Reuters) - Three of Wall Street's top investment banks agreed to pay millions of dollars in fines and car accident insurance settlements buy back billions of dollars in frozen, illiquid securities after U.S. regulators reached settlements over the way the firms sold auction Source: www.reuters.com 3 firms settle auction-rate flap - Philadelphia Inquirer Merrill Lynch & Co. Inc., Goldman Sachs Group Inc., and car accident insurance settlements Deutsche Bank AG agreed yesterday to buy back almost $15 billion in failed auction-rate securities and car accident insurance settlements pay fines totaling about $160 million, settling probes by state regulators. The accords Source: www.philly.com |