Archive for 2016

FEDERATED INVESTORS

Federated Investors, Inc. to Grow Global Footprint with Planned Acquisition of Prime Rate Capital Management, LLP      Federated Investors, Inc., one of the largest investment managers in the United States, reached an agreement to acquire Prime Rate Capital Management LLP, a United Kingdom-based provider of institutional liquidity and fixed income products, from Matrix Group Limited. Prime Rate Capital...

22 Dec 3:30 PM 0 Read More...

CHEVRON FRAUD LATEST

New Chevron Fraud in Ecuador as Company Used Secret Lab to Hide Dirty Soil Samples from Court, Say Documents & the Amazon Defense Coalition   In an ever more stunning expose of Chevron's fraud before the Ecuador court, a U.S. federal judge has ordered the disclosure of documents that demonstrate Chevron used a secret lab in the United States to hide the existence of dirty soil samples taken from th...

22 Dec 10:34 AM 0 Read More...

PROJECT BROKERS ON FSA REPORT

Better decision-making could prevent future banking crises, says Project Brokers   This week’s long-awaited FSA report on the turmoil at RBS, blamed ‘poor management decisions’, ‘flawed regulation’ and ‘insufficient supervision’ as the root causes of the bank’s troubles. Business intelligence consultancy Project Brokers argues that enhanced visibility of critical i...

21 Dec 11:41 AM 0 Read More...

OLYMPUS HQ RAIDED

Japanese prosecutors have raided the headquarters of Japanese technology giant, Olympus, as part of the ongoing investigation into accusations that considerable losses endured over several years were hidden with the aid of three executives paying excessive fees to takeover advisers.   This the latest development in the scandal which first came to light following accusations from the former Olympus chief executiv...

21 Dec 11:01 AM 0 Read More...

AT&T DEAL HOPES OVER

The publicly-troubled $39 billion acquisition of T-Mobile USA by AT&T Inc. has been officially dropped.   Finally succumbing to pressure from antitrust regulators, AT&T withdrew its offer after nine months of attempting to get the deal, which would have been the biggest of 2011, completed.   As a result, AT&T will now pay $3 billion to Deutsche Telekom AG, the owner of T-Mobile, as well as handi...

20 Dec 10:59 AM 0 Read More...