An appeals court has rejected claims by a Washington state housing finance agency that the National Homebuyers Fund is limited to operating in California.
American Express prevailed Monday in an eight-year antitrust battle with the government. Here’s a look at how other card networks, banks, retailers and consumers will be affected.
The U.S. Supreme Court threw out a government lawsuit that accused American Express Co. of thwarting competition by prohibiting merchants from steering customers to cards with lower fees.
Banks may be disguising their borrowings in a way similar to that used by Lehman Brothers, with debt ratios falling within limits imposed by regulators just four times a year.
JPMorgan Chase plans to sell its stake in Saudi Investment Bank back to the Riyadh-based lender at a 24% discount as it exits noncore holdings globally.
