Banking and Finance Litigation Update - Issue 68


In This Issue:

- Domestic Banking 2

- Domestic General 4

- European Banking 5

- European General 6

- International Banking 6

- International General 7

- Press Releases 7

- Case Law 9

- Excerpt from International Banking:


BANK OF AMERICA 53. Bank of America is selling its final set of shares in China Construction Bank (CCB) which it purchased in 2005. The shares are worth $1.5 billion and represent 1 per cent of CCB's shares and mark the bank's departure from the Asian investment market following similar moves made by Goldman Sachs and Citigroup.

Financial Times, 3 September 2013

54. Merrill Lynch, the subsidiary of Bank of America, could be merged with the US investment bank by the end of 2013 in a move to reduce costs and streamline operations. The Merrill Lynch brand will be retained for Bank of America's brokerage and investment bank.

Telegraph, 17 August 2013

Please see full newsletter below for more information.

LOADING PDF: If there are any problems, click here to download the file.

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© DLA Piper | Attorney Advertising

Written by:


DLA Piper on:

Popular Topics
Reporters on Deadline

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:

Sign up to create your digest using LinkedIn*

*By using the service, you signify your acceptance of JD Supra's Privacy Policy.

Already signed up? Log in here

*With LinkedIn, you don't need to create a separate login to manage your free JD Supra account, and we can make suggestions based on your needs and interests. We will not post anything on LinkedIn in your name. Or, sign up using your email address.