Spanner in the works for AXA deal
(13 August 2010 − Australia) National Australia Bank has not revealed whether it has made any provisions for possible damages being sort by two aggrieved policy holders against […]
(13 August 2010 − Australia) National Australia Bank has not revealed whether it has made any provisions for possible damages being sort by two aggrieved policy holders against […]
(5 August 2010−Britian) The Financial Services Authority (FSA) has fined the Royal Bank of Scotland £5.6 million for IT system failures that potentially could have lead to terrorist […]
(4 August 2010−Australia) Paul Aktas, a former real estate agent, has won A$50,000 in damages from Westpac Banking Corporation after the bank mistakenly dishonoured his company’s cheques.At the […]
(4 August 2010−Australia) Financial services giant UBS and an adviser are being sued by a Brisbane hairdresser for millions in sharemarket losses.Documents lodged in the Brisbane Supreme Court […]
(11 August 2010 − Australia)The lending practices of the Commonwealth Bank’s subsidiary BankWest has resulted in the bank topping up provisioning by A$212 million and the dismissal of […]
(26 July 2010− Australia) Law firm Maurice Blackburn has signed up more than 120 institutional and retail investors for a class action against National Australia Bank over failing […]
(19 July 2010 – Australia) Basis Capital has welcomed the news that Goldman Sachs has settled fraud charges in the US for US$500 million (A$627 million), as it […]
(16 July 2010 –USA) Goldman Sachs has agreed to settle with the Securities and Exchange Commission for US$550 million (A$625 million) without admitting or denying allegations of fraud […]
(25 June 2010 – USA) The US Supreme Court has ruled that foreign investors cannot proceed with a US lawsuit against National Australia Bank over its former mortgage […]
(24 June 2010 – Europe) Jerome Kerviel could be in debt for the rest of his life if the French investment bank Societe Generale is successful in their […]