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Bankers Trust's dirty linen

Article Abstract:

Consumer goods manufacturer Procter & Gamble (P&G) has filed a suit against Bankers Trust for allegedly misrepresenting the risk involved in a leveraged interest-rate swap P&G bought from the bank. P&G incurred significant losses as a result of the purchase.

Publisher: Economist Newspaper Ltd.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 1995

Commercial Banks, Commercial Banking, Derivatives (Financial instruments), Procter & Gamble Co., PG, Bankers Trust Co. (Chicago, Illinois)

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No end in sight: Switzerland and the Jewish gold

Article Abstract:

Swiss banks are pledging to set aside over $4.6 billion for surviving Holocaust victims and related causes. But their financial liabilities may prove to be even more huge, as US lawyers are pursuing three separate lawsuits against the largest Swiss banks.

Publisher: Economist Newspaper Ltd.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 1997

Switzerland, Holocaust survivors, Booty (International law)

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Subjects list: Banking industry, Cases

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