Bank of America’s 2-Cents-on-Dollar Mortgage Offer Faces Court Hurdle
The $ 8.5 billion settlement may hinge on whether a judge agrees that the world’s largest bond buyers struck a generous-enough deal for all investors
BusinessWeek.com — Finance
The $ 8.5 billion settlement may hinge on whether a judge agrees that the world’s largest bond buyers struck a generous-enough deal for all investors
BusinessWeek.com — Finance
The $ 8.5 billion settlement may hinge on whether a judge agrees that the world’s largest bond buyers struck a generous-enough deal for all investors
BusinessWeek.com — Finance
French Finance Minister Christine Lagarde is poised to be appointed to head of the International Monetary Fund after the U.S. joined countries including European Union nations and Russia in supporting her candidacy.
BusinessWeek.com — Finance
French banks including BNP Paribas SA have told the French government they are willing to partly roll over maturing Greek government bonds in a bid to avoid a default by the debt-laden nation, three people familiar with the plan said.
BusinessWeek.com — Finance
SABMiller Plc, the world’s second- largest brewer by volume, will pursue Foster’s Group Ltd. after its A$ 9.5 billion ($ 10.1 billion) cash offer was rejected by Australia’s biggest beer company.
BusinessWeek.com — Finance
TMX Group Inc. said just because a group of Canadian banks and pension funds is offering more to acquire it than London Stock Exchange Group Plc, it doesn’t make their proposal superior.
BusinessWeek.com — Finance
In 2010, almost 53,000 homes were purchased in the U.S. with owner financing—a risky tactic when conventional mortgages are not an option
BusinessWeek.com — Finance
Bank of America Corp. and JPMorgan Chase & Co., along with three other U.S. mortgage servicers, proposed paying $ 5 billion to settle a probe of their foreclosure practices by state and federal officials, two people familiar with the matter said.
BusinessWeek.com — Finance