'Happily ever after' a long way off for Bank of Cyprus CEO

By Laura Noonan NICOSIA, March 30 Sun Mar 30, 2014 5:00am EDT NICOSIA, March 30 (Reuters) - If John Hourican manages to drag Bank of Cyprus back from the brink of collapse, it would resurrect a financial institution,...

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RPT-'Happily ever after' a long way off for Bank of Cyprus CEO

Mon Mar 31, 2014 3:00am EDT (Repeats item from Sunday with no change to text) By Laura Noonan NICOSIA, March 30 (Reuters) - If John Hourican manages to drag Bank of Cyprus back from the brink of collapse, it would...

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Blucora plans all-cash offer for Brookstone - WSJ

March 31 Mon Mar 31, 2014 4:12am EDT March 31 (Reuters) - Web search provider Blucora Inc is set to challenge Spencer Spirit Holdings Inc's bid for consumer electronics retailer Brookstone Inc , the Wall Street Journal...

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UPDATE 1-New York judge unseals guilty pleas in Dewey law firm fraud

Fri Mar 28, 2014 6:28pm EDT (Adds statement regarding Sanders) By Karen Freifeld NEW YORK, March 28 (Reuters) - A New York judge on Friday unsealed the records of six former Dewey & LeBoeuf employees who pleaded...

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UPDATE 3-PwC is sued for $1 billion over MF Global collapse

Fri Mar 28, 2014 6:23pm EDT (Adds PwC statement) By Jonathan Stempel NEW YORK, March 28 (Reuters) - The administrator of MF Global Holdings Ltd's bankruptcy plan on Friday sued the auditor PricewaterhouseCoopers for...

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'Happily ever after' a long way off for Bank of Cyprus CEO

By Laura Noonan NICOSIA, March 30 Sun Mar 30, 2014 5:00am EDT NICOSIA, March 30 (Reuters) - If John Hourican manages to drag Bank of Cyprus back from the brink of collapse, it would resurrect a financial institution,...

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New York Judge unseals guilty pleas in Dewey law firm fraud

By Karen Freifeld NEW YORK, March 28 Fri Mar 28, 2014 5:16pm EDT NEW YORK, March 28 (Reuters) - A New York judge on Friday unsealed the records of six former Dewey & LeBoeuf employees who pleaded guilty in connection...

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UPDATE 3-PwC is sued for $1 billion over MF Global collapse

Fri Mar 28, 2014 6:23pm EDT (Adds PwC statement) By Jonathan Stempel NEW YORK, March 28 (Reuters) - The administrator of MF Global Holdings Ltd's bankruptcy plan on Friday sued the auditor PricewaterhouseCoopers for...

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UPDATE 1-New York judge unseals guilty pleas in Dewey law firm fraud

Fri Mar 28, 2014 6:28pm EDT (Adds statement regarding Sanders) By Karen Freifeld NEW YORK, March 28 (Reuters) - A New York judge on Friday unsealed the records of six former Dewey & LeBoeuf employees who pleaded...

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Ex-Dewey finance director admits accounting was false

By Karen Freifeld NEW YORK, March 27 Thu Mar 27, 2014 4:02pm EDT NEW YORK, March 27 (Reuters) - Dewey & LeBoeuf's ex-finance director pleaded guilty to grand larceny last month and admitted he knew false financial...

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Detroit loosens latest swaps proposal, to submit debt plan Monday

March 27 Thu Mar 27, 2014 5:23pm EDT March 27 (Reuters) - Detroit dropped a key requirement in its latest version of an agreement on costly interest rate swaps with two investment banks, which was filed in court late Wednesday....

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UPDATE 1-Ex-Dewey finance director admits accounting was false

Thu Mar 27, 2014 6:12pm EDT (Adds comment from former chairman's lawyer) By Karen Freifeld NEW YORK, March 27 (Reuters) - Dewey & LeBoeuf's ex-finance director pleaded guilty to grand larceny last month and admitted...

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PRESS DIGEST - Wall Street Journal - March 27

March 27 Thu Mar 27, 2014 1:31am EDT March 27 (Reuters) - The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy. * Citigroup Inc failed...

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UniCredit tests interest for Italy's first Additional Tier 1 bond

By Aimee Donnellan Thu Mar 27, 2014 4:46am EDT LONDON, March 27 (IFR) - UniCredit is testing investor interest for Italy's first Additional Tier 1 bond at 8.25% area, having already marketed the deal in the low 8% range in Asia, according to a lead...

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UPDATE 1-UniCredit tests interest for Italy's first Additional Tier 1 bond

Thu Mar 27, 2014 5:17am EDT (Adds background information) By Aimee Donnellan LONDON, March 27 (IFR) - UniCredit will become the latest bank to issue a deeply subordinated issue later on Thursday as it seeks to bolster...

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UPDATE 1-Ex-Sentinel CEO found guilty over $500 million fraud

Tue Mar 25, 2014 6:23pm EDT (Adds allegations, case citation, byline) By Jonathan Stempel March 25 (Reuters) - The former chief executive officer of Sentinel Management Group Inc was found guilty on Tuesday of defrauding...

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UPDATE 2-Ex-Sentinel CEO found guilty over $500 million fraud

Wed Mar 26, 2014 1:01am EDT (Adds comment from Bloom's lawyer) By Jonathan Stempel March 26 (Reuters) - The former chief executive officer of Sentinel Management Group Inc was found guilty on Tuesday of defrauding...

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Societe Generale postpones euro Additional Tier 1 bond

By Aimee Donnellan and Helene Durand Wed Mar 26, 2014 5:02am EDT LONDON, March 26 (IFR) - Societe Generale has postponed a euro Additional Tier 1 bond, having been notified of an imminent publication of a rating agency report, according to a statement...

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LightSquared asks court not to re-open trial with Ergen

By Dena Aubin NEW YORK, March 24 Mon Mar 24, 2014 8:26pm EDT NEW YORK, March 24 (Reuters) - Broadband company LightSquared has urged a judge not to re-open a trial that ended last week over Dish Network Corp Chairman...

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PRESS DIGEST- British Business - March 25

March 25 Mon Mar 24, 2014 10:05pm EDT March 25 (Reuters) - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. ...

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UPDATE 1-Hundreds rush to rural Chinese bank after solvency rumours-media

Tue Mar 25, 2014 4:55am EDT (Adds comment from local officials, background) SHANGHAI, March 25 (Reuters) - Hundreds of people rushed to withdraw money from a branch of a small Chinese bank after rumours spread about...

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Sears Canada to refund, finish work after collapse of installation firm

TORONTO, March 21 Fri Mar 21, 2014 11:18am EDT TORONTO, March 21 (Reuters) - Sears Canada Inc said on Friday it will refund payments or offer alternative services to customers affected by the collapse of SHS Services Management...

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UPDATE 1-Mt. Gox says it found 200,000 bitcoins in 'forgotten' wallet

Fri Mar 21, 2014 4:30pm EDT (Adds class action lawyer disputing claim coins were 'forgotten') By Sophie Knight TOKYO (Reuters) - Mt. Gox said on Friday it found 200,000 "forgotten" bitcoins on March 7, a week after...

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