HSBC is sued over valuation of fund's bonds
Article Abstract:
US real estate investment firm Luminent Mortgage Capital Inc. has sued the UK's HSBC Holdings PLC, alleging that HSBC's valuation of certain subprime mortgage bonds was inappropriately low, and bought the bonds at below their fair value, profiting at the fund's expense.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2007
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Invesco, AIM settle trading-abuse cases
Article Abstract:
Invesco Funds Group Inc. and AIM Investments, both units of Amvescap PLC of London, have agreed to pay a total of $375 million in penalties and restitution. The firms have faced allegations that they allowed favored investors to trade ahead of regular investors.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2004
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Germans won't have easy case against Citigroup on bond deal
Article Abstract:
Citigroup Inc. is being tried for a European government securities trade that allegedly resulted in market manipulation by prosecutors in Germany.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2005
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