Consumer Financial Services
Large U.S. Retailers Sue Visa Inc, MasterCard Inc Over Card Fees-Reuters
Reuters reported that Macy's Inc and Target Corp have sued Visa Inc. and MasterCard Inc, breaking off from a proposed $7.2 billion settlement reached last year over fees to process credit card transactions. The lawsuit, filed in U.S. District Court in Manhattan, came ahead of a May 28 deadline for...
Ally Financial Inc To Pay $2.1 Billion To Settle Claims Tied To ResCap-Reuters
Reuters reported that Ally Financial Inc agreed on May 23, 2013 to pay $2.1 billion to settle legal claims tied to its bankrupt Residential Capital LLC unit, nearly triple the amount it initially offered to creditors of the subprime mortgage business. Ally hopes the deal will finally end allegations...
Resimac and AMAC Announces Conditional Offer for RHG Ltd Shares
Resimac announced that it has submitted a proposal to the Board of RHG Ltd to acquire the mortgage assets of RHG Ltd in conjunction with a proposal by Australian Mortgage Acquisition Company Pty Limited (AMAC) to acquire all of the shares in RHG via a scheme of arrangement. The proposals by Resimac...
Goldbond Group Holdings Ltd Comments On FY 2013 Net Profit Guidance
Goldbond Group Holdings Ltd announced that for fiscal 2013, it expects a decrease in net profit as compared to that for the previous financial year. Such decease in profit was mainly attributed to (i) the absence of non-recurring gain on disposal of subsidiaries recognized in the previous financial...
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| Healthcare | +0.03% |
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