Trust Goldman Sachs to make a record fine look like a good result
Bank of America, Citigroup, BNP Paribas and JPMorgan are all universal banks. The FHFA got Bank of America Merrill Lynch to pay $6bn and made it buy back . some mortgage securities. And then there is the big one: towards the end of last year JPMorgan had to. cough up a massive $13bn (unlucky for some), including $4bn related to. issues around mortgage securities. Earlier this month, BNP Paribas had to pay nearly $9bn and plead guilty to a. criminal charge for helping clients to evade US sanctions. which offer a wider range of services than a pure-play investment bank such. The French bank. of the loans it was turning into securities had a decided whiff about them. as Goldmans and therefore have the potential to get into bigger trouble when. was also banned from conducting US dollar-clearing transactions for a year,.
Buying Abacus means the 'Asianisation of Sabre.'
- Law360, New York (May 14, 2015, 1:34 PM ET) -- Sabre Corp., guided by Alston & Bird LLP, said Thursday it will drop $411 million to buy the portion of Abacus International Pte Ltd., a travel-booking system in the Asia-Pacific region, that it doesn't
- Just got off a Skype call with Greg Webb, president of Sabre Travel Network, and Robert Bailey, president and CEO of Abacus International, about an hour after the two consummated the deal in which Sabre will buy Abacus outright. Greg Webb (left) and
- Buyout group Permira has agreed to buy German debt collection firm GFKL from peer Advent, it said on Monday, in a deal people familiar with the matter said was worth 600 million euros ($684 million). ** German discount food retailer Aldi wants to