Your Daily Dose of Financial News

Robins Kaplan LLP
Contact

White Collar Watch dates itself considerably with its Perry Mason allusion, but its bigger point is an interesting one–good luck finding a true “gotcha” moment when dealing with what are “quintessentially offenses of the mind” – NYTimes

Valeant had a long turnaround road ahead with Pershing Square on board.  That road’s considerably more difficult now – Bloomberg

Vodafone is merging its Indian unit with Idea Cellular in a $23 billion deal that looks to capitalize on a combined network of 400 million users in a country whose population tops 1.2 billion – NYTimes

SoftBank Group is reportedly dropping a planned $100 million investment in an iPhone rival helmed by the mind behind Google’s Android software. SoftBank’s “increasingly close” relationship to Apple is seen as a contributing factor for the reversal – WSJ

Houston-based Cadence is set to become the year’s first bank IPO – Law360

The French unit of Switzerland’s UBS will face trial associated with a long-term investigation by French authorities over the bank’s efforts to help clients evade taxes by hiding funds – NYTimes

Wells Fargo continues to feel the impact of its fake-account scandal, and the accounts in the middle of it all give a pretty good sense of the pain – WSJ and Bloomberg

The cost of repos are on the rise. The Journal explains what they [repurchase agreements] are, and why you should care about them [they help ensure that cash and securities can keep flowing among hedge funds, investment banks, and other financial entities] – WSJ

Coogan and Brydon are back.  Special cameo, presumably, by Michael Caine[‘s voice] – Revolution Films

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.

© Robins Kaplan LLP | Attorney Advertising

Written by:

Robins Kaplan LLP
Contact
more
less

Robins Kaplan LLP on:

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:
*By using the service, you signify your acceptance of JD Supra's Privacy Policy.
Custom Email Digest
- hide
- hide