Citibank has asked a U.S. district court to confirm that its Argentine banking unit isn’t bound by a ruling that bars the Argentine government from making payments on bonds it issued under New York law
Europe must create a single resolution mechanism backed by a common pool of money to help wind down struggling banks, European Central Bank Vice President Vitor Constancio said Friday.
Woori Finance Holdings Co. (053000.SE), South Korea’s largest banking group by assets, named a new chairman to help steer the government’s fourth attempt to sell a 57% stake valued at $4.6 billion in the group.
Copyright Reuters 2013 NEW YORK – For the past few months, the U.S. Federal Reserve has been squarely in the financial markets’ corner, thanks to its massive dollops of monetary stimulus
Pulse Seismic Inc. (PLSDF: OTCQX International) | Pulse Seismic Inc. Announces Appointment of Vice President Sales and Marketing
Pulse Seismic Inc. Announces Appointment of Vice President Sales and Marketing May 23, 2013 OTC Disclosure & News Service Calgary, ALB , Canada This release includes additional documents
Institutional Shareholder Services Inc., a proxy advisory firm that advises investors on corporate governance matters, agreed to pay a $300,000 penalty to settle charges that an employee leaked confidential information on proxy votes for roughly five years.
NEW YORK – U.S. stocks fluctuated between small gains and losses on Thursday after Japanese equities dived overnight, as global markets reacted to weak Chinese manufacturing data and worries about the Federal Reserve potentially tapering its bond-buying program
BioElectronics Corp. (BIEL: OTC Pink Current) | BioElectronics and Pulsed Shortwave Therapy Make Progress
FREDERICK , Md. , May 23, 2013 /PRNewswire/— BioElectronics Corporation (OTC Pink: BIEL ), the maker of very effective, safe consumer medical devices, comments on the FDA panel meeting for non-thermal shortwave diathermy: The FDA ’s Public Advisory Panel Reclassification – Pulsed Shortwave Therapy Meeting was held on May 21, 2013 in Gaithersburg, MD , USA . The focus of the meeting was very narrow, in that the FDA had instructed the panel to focus solely on the application of non-thermal shortwave diathermy for the treatment of postoperative pain and edema and the treatment of edema following blepharoplasty. Industry representatives, including BioElectronics President Andy Whelan , presented a compelling case for reclassification. The recommendation from the FDA ’s advisory panel was reclassification from Class III to Class II with special controls including a requirement for new clinical data. At this time it is not clear if the requirement for new clinical data applies to existing products. The FDA will make a final decision on the recommendations of the panel in due course, though BioElectronics believes that the FDA will follow the panel’s recommendations.
Drive the streets of Buenos Aires, and you will see regal architecture that rivals wealthy European enclaves in Monaco or London. And along tree-lined walkways, you will witness monuments that speak of the legacy of Argentina’s finest moments.
Copyright Reuters 2013 LISBON – President Anibal Cavaco Silva thanked Portugal’s patron saint for a long-delayed approval of Lisbon’s bailout review last week, but the head of state could claim a share of the credit for himself. The conservative president’s role has grown far beyond his figurehead status in the past few weeks. With the president on his side, Prime Minister Passos Coelho appears immune to opposition calls for an early election, despite a teetering coalition, record-low popularity in opinion polls and protests and strikes promised for late May and June