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Rebel Free Syrian Army founder loses leg in Syria blast

Mon, 25 Mar 2013 07:06:28 -0400

ANKARA (Reuters) - Colonel Riad al-Asaad, founder of the rebel Free Syrian Army (FSA), lost a leg in an explosion in Syria overnight and is in Turkey for treatment, a Turkish official said on Monday.

Rebel Free Syrian Army founder loses leg in Syria blast

Mon, 25 Mar 2013 07:06:28 -0400

ANKARA (Reuters) - Colonel Riad al-Asaad, founder of the rebel Free Syrian Army (FSA), lost a leg in an explosion in Syria overnight and is in Turkey for treatment, a Turkish official said on Monday.

Transferwise’s ‘peer-to-peer’ international money transfer system just got easier to use

Tue, 05 Mar 2013 05:00:58 -0500

Customers of the UK fintech startup can now use their debit cards on the site, instead of having to visit their online bank in order to initiate a transfer. Canadian dollars will soon be supported, too.

The first rule of capitalism: bad firms like RBS should be left to go bankrupt and criminals should go to jail

Thu, 14 Feb 2013 13:22:38 -0500

Crimes committed: Why are no bankers in jail? By Mitchell Feierstein Author of Planet Ponzi How nice of you: that gift you just made to charity. No one asked you if you wanted to make the gift. No one asked … Continue reading →

Tips for using a flexible spending account

Mon, 14 Jan 2013 13:59:53 -0500

A health care flexible spending account (FSA) is one tool employees can use to get the most bang for their buck when it comes to health care expenses. Employees contribute money to the accounts pre-tax and use them to pay for qualified medical expenses. Employees can save hundreds of dollars a year, depending on salary, tax bracket and a few other factors. But only about 37 percent of employees used health FSAs in 2010, according to a June report by the Congressional Research Service that cited…

The Florida Songwriters Association (FSA)

Sun, 06 Jan 2013 08:26:00 -0500

The Florida Songwriters Association (FSA)

Sat, 05 Jan 2013 03:00:00 -0500

Italy - Factors to watch on Dec. 20

Thu, 20 Dec 2012 00:00:01 -0500

The following factors could affect Italian markets on Thursday.

GE (NYSE: GE) Reaches Wind Service Deal in Taiwan

Wed, 19 Dec 2012 12:23:51 -0500

In a deal with Taiwan Power, GE (NYSE: GE) will operate and service Taiwan's 26 GE wind turbines, which provide 110 million kilowatt hours of power.

UPDATE 1-Unipol has several offers for assets it must sell

Wed, 14 Nov 2012 15:29:28 -0500

MILAN, Nov 14 (Reuters) - Italian insurer Unipol has received a series of offers for assets it needs to sell to meet conditions laid down by the competition regulator for clearance of a merger with peer Fondiaria-SAI.

Flexible Spending Accounts: Use the Money Before You Lose It

Fri, 02 Nov 2012 10:10:00 -0400

DailyFinance.com: Flexible spending accounts are a great way to save on your tax bill by using pretax money to cover medical expenses. But every December, like clockwork, many workers find themselves with leftover flex money. And because of the "use it or lose it" ... Read more

UPDATE 1-Market Chatter - Corporate finance press digest

Mon, 24 Sep 2012 02:57:56 -0400

Sept 24 (Reuters) - The following corporate finance-related stories were reported by media on Monday:

Market Chatter - Corporate finance press digest

Mon, 24 Sep 2012 00:13:03 -0400

Sept 24 (Reuters) - The following corporate finance-related stories were reported by media on Monday:

Italy - Factors to watch on Sept 24

Mon, 24 Sep 2012 00:00:01 -0400

The following factors could affect Italian markets on Monday.

Free Syrian Army rebel leaders move from Turkey to Syria

Sun, 23 Sep 2012 04:14:50 -0400

BEIRUT (Reuters) - The rebel Free Syrian Army (FSA) has moved its leadership for the first time from Turkey to parts of Syria that are now controlled by rebels, the group's commander-in-chief said on Saturday.

Free Syrian Army rebel leaders move from Turkey to Syria

Sun, 23 Sep 2012 04:14:50 -0400

FSA says leaders move from Turkey to rebel-controlled Syria

Sat, 22 Sep 2012 11:27:08 -0400

BEIRUT (Reuters) - The rebel Free Syrian Army (FSA) has moved its leadership from Turkey to parts of Syria that are now controlled by rebels, the FSA Commander-in-Chief said on Saturday.

FSA says leaders move from Turkey to rebel-controlled Syria

Sat, 22 Sep 2012 11:13:28 -0400

BEIRUT (Reuters) - The Free Syrian Army (FSA) has moved its leadership from Turkey to an area of Syria controlled by rebels, FSA Commander-in-Chief Colonel Riad al-Asaad said in a video statement on Saturday.

NASDAQ OMX to Provide UK Financial Services Authority (FSA) With SMARTS Integrity to Enhance Market Surveillance Capabilities

Mon, 10 Sep 2012 09:00:00 -0400

NASDAQ OMX to Provide UK Financial Services Authority (FSA) With SMARTS Integrity to Enhance Market Surveillance Capabilities

Italy - Factors to watch on Sept 4

Tue, 04 Sep 2012 02:56:44 -0400

The following factors could affect Italian markets on Tuesday.

TEXT-S&P raises Fondiaria-SAI Spa rating to 'B+' from 'B'

Thu, 09 Aug 2012 12:11:24 -0400

Overview -- On Aug. 1, 2012, Fondiaria-SAI Spa's EUR1.1 billion shareholder rights' offer period concluded. Of the newly issued shares, 61% was subscribed for a total value of EUR666.3 million, with the remaining to be offered on the market. The subscription of any remaining ordinary shares is guaranteed by a pool of banks, subject to specific clauses. -- We estimate Fondiaria-SAI's capital adequacy has been restored above the minimum regulatory requirements. However, we believe the r

Gambling in the House?

Mon, 30 Jul 2012 09:22:19 -0400

There Is Gambling in the House? I Am Shocked… Opacity and Credit Default Swaps No Access for Spain Denver, Maine, and Carlsbad

Rick: How can you close me up? On what grounds? Captain Renault: . . . → Read More: Gambling in the House?

UPDATE 1-Unipol issues July 20 ultimatum on Fondiaria deal

Fri, 29 Jun 2012 15:29:45 -0400

* Unipol says will drop plan after July 20 if conditions not met

LIBOR Manipulating Banksters Get a Slap on the Wrist

Fri, 29 Jun 2012 12:01:53 -0400

Heaven can wait.

There's a passage in the Bible that says, "The Kingdom of the Father is spread out upon the earth and men do not see it."

Bankers see it.

The whole earth is heaven for the big banks. They rule over it like petty, greedy gods.

And that's not because they're too-big-to-fail; it's because they're too-big-to-control and have it too-good-to-ever-change their sleazy, self-serving, corrupt ways.

The latest proof of big bank's criminal ways, that they've been manipulating Libor - which isn't news, I was writing about this four years ago - isn't an indictment. It's a signed, sealed, and delivered verdict of "guilty."

(Check this out, I get credit from a group of fraud lawyers for being first to call this out right here.)

Barclays, a monster British bank, is under criminal investigation for its role in fraudulently manipulating the London InterBank Offered Rate (Libor). It settled charges late on Tuesday with Britain's Financial Services Authority (FSA), the U.S. Commodity Futures Trading Commission (CFTC), and the U.S. Department of Justice.

Yeah, about that "justice" thing...

Barclays "settled" by paying $92.8 million to the FSA (a record fine), $200 million to the CFTC (another record), and $160 million to the DOJ (a piddling amount).

But, hey, you know, they're sorry and all that. Sorry they got caught, that is. And they're not alone.

There will be a bunch of other big banks paying for this gross game of manipulation. And all of them are household names.

To continue reading, please click here...

Italy - Factors to watch on June 12

Tue, 12 Jun 2012 02:49:51 -0400

The following factors could affect Italian markets on Tuesday.

Deals of the day -- mergers and acquisitions

Wed, 06 Jun 2012 15:56:16 -0400

June 6 (Reuters) - The following bids, mergers, acquisitions and disposals involving European, U.S. and Asian companies were reported by 2000 GMT on Wednesday:

Deals of the day -- mergers and acquisitions

Tue, 05 Jun 2012 06:08:08 -0400

June 5 (Reuters) - The following bids, mergers, acquisitions and disposals involving European, U.S. and Asian companies were reported by 1000 GMT on Tuesday:

UPDATE 1-Unipol wants Fondiaria merger proposal simplified

Mon, 04 Jun 2012 15:21:56 -0400

* Unipol wants 67 pct of new firm vs 61 pct Fondiaria proposal

Banks committed to Fondiaria-Unipol deal-sources

Mon, 04 Jun 2012 13:53:17 -0400

MILAN, June 4 (Reuters) - The banks underwriting capital increases as part of plans by Italian insurer Unipol to rescue troubled Fondiaria-SAI are still committed despite the passing of a deadline, sources said on Monday.

Italy - Factors to watch on May 28

Mon, 28 May 2012 00:00:00 -0400

The following factors could affect Italian markets on Monday.

Deals of the day -- mergers and acquisitions

Fri, 18 May 2012 06:26:56 -0400

May 18 (Reuters) - The following bids, mergers, acquisitions and disposals involving European, U.S. and Asian companies were reported by 1030 GMT on Friday:

TEXT-S&P may still change Fondiaria-SAI Spa ratings

Thu, 03 May 2012 13:20:36 -0400

Overview -- On April 26, 2012, the Italian Antitrust Authority suspended Fondiaria-SAI group's (Fondiaria-Sai, core operating entities rated B/Watch Dev) merger and integration plans with Unipol group (Unipol, core operating entities rated BBB+/Watch Neg). This was in order to investigate the potential damage to competition that could result from the merger. -- We believe that the execution of the merger plans is uncertain as a result of the antitrust action. The merger is

Italy - Factors to watch on April 30

Mon, 30 Apr 2012 01:00:13 -0400

The following factors could affect Italian markets on Monday.

Unipol, Mediobanca face new Fondiaria-SAI rescue hurdles

Sat, 28 Apr 2012 12:48:47 -0400

MILAN, April 28 (Reuters) - Italian insurer Unipol and its advisor Mediobanca will defend their plan to create Italy's second largest insurance group to antitrust regulators on Monday, the same day a rival bidder is expected to announce its next move.

Japan market watchdog recommends $2.5 million fine for Olympus

Fri, 13 Apr 2012 05:35:22 -0400

TOKYO (Reuters) - Japan's market watchdog on Friday recommended the Financial Services Agency (FSA) fine Olympus Corp about 200 million yen ($2.5 million) for false accounting in one of the country's biggest corporate scandals.

Italian stocks - Factors to watch on April 13

Fri, 13 Apr 2012 03:01:02 -0400

The following factors could affect Italian markets on Friday.

Italian stocks - Factors to watch on March 19

Mon, 19 Mar 2012 01:00:02 -0400

The following factors could affect Italian markets on Monday.

Credit Suisse banker fined $327,900 over bond issue

Tue, 13 Mar 2012 08:47:14 -0400

LONDON (Reuters) - Britain's Financial Services Authority (FSA) has fined Nicholas Kyprios, head of Credit Suisse's European Credit Sales business in London, 210,000 pounds ($327,900), alleging that he gave away confidential client information.

Italian stocks - Factors to watch on March 8

Thu, 08 Mar 2012 02:58:46 -0500

Italian stocks - Factors to watch on March 6

Tue, 06 Mar 2012 02:58:17 -0500

The following factors could affect Italian markets on Tuesday.

Bill Gates Collects $140,000 a Month from These

Sun, 04 Mar 2012 09:00:00 -0500

In March 1873, Scottish financier Robert Fleming created a fund unlike any other before it. Today, it's known as a closed-end fund... and it's handing the likes of Bill Gates a check for $140k every month.

You May Still Have Time to Spend Your 2011 Flex-Plan Money

Mon, 27 Feb 2012 11:35:00 -0500

DailyFinance.com: When times are tough, wasting money is the last thing you want to do. But every year, U.S. workers end up losing hundreds of millions of dollars because they forget about the funds they wisely set aside for health-care and dependent-care ... Read more

UPDATE 1-Unipol says banks to back cash call, shares up

Mon, 06 Feb 2012 13:01:03 -0500

MILAN, Feb 6 (Reuters) - Italian insurer Unipol said on Monday up to eight banks had expressed readiness to be part of the pool that would guarantee a capital increase needed to finance a planned tie-up with troubled peer Fondiaria-SAI.

Unipol hires Mediobanca for cash call consortium

Mon, 06 Feb 2012 07:53:08 -0500

MILAN, Feb 6 (Reuters) - Italian insurer Unipol said on Monday it had hired Mediobanca for a capital increase needed to finance a planned tie-up with troubled peer Fondiaria-SAI.

Deals of the day -- mergers and acquisitions

Mon, 30 Jan 2012 09:29:31 -0500

Jan 30 (Reuters) - The following bids, mergers, acquisitions and disposals involving European, U.S. and Asian companies were reported by 1430 GMT on Monday.

Fondiaria-SAI to hold 1.1 bln eur cap hike in May

Mon, 30 Jan 2012 02:16:42 -0500

MILAN, Jan 30 (Reuters) - Fondiaria-SAI said on Monday it would ask shareholders for a 1.1 billion euro capital increase, more than the 750 million euros previously announced, as it seeks to plug a big loss for 2011 ahead of a planned merger with insurer Unipol.

Deals of the day - mergers and acquisitions

Fri, 13 Jan 2012 05:15:49 -0500

Jan 13 (Reuters) - The following bids, mergers, acquisitions and disposals involving European, U.S. and Asian companies were reported by 1000 GMT on Friday.

Deals of the day - mergers and acquisitions

Thu, 05 Jan 2012 10:37:44 -0500

Jan 5 (Reuters) - The following bids, mergers, acquisitions and disposals involving European, U.S. and Asian companies were reported by 1530 GMT on Thursday.

Italian stocks - Factors to watch on Dec 27

Tue, 27 Dec 2011 00:00:01 -0500

The following factors could affect Italian markets on Tuesday.

Deals of the day -- mergers and acquisitions

Fri, 23 Dec 2011 16:03:33 -0500

Dec 23 (Reuters) - The following bids, mergers, acquisitions and disposals involving European, U.S. and Asian companies were reported by 2100 GMT on Friday.