New York-based Vista Capital Advisors has been working on the project for several years with Intercontinental Exchange Inc
3 min read24 Jan 2017Moody's agreed to pay almost $864 million to resolve a multiyear US investigation into credit ratings on subprime mortgage securities
4 min read14 Jan 2017The $7 billion-plus penalty illustrates the extent of its decline since 2008 financial crisis when its then CEO claimed it was one of the 'strongest banks in the world'
4 min read25 Dec 2016RBS says the settlement cost is 'substantially' covered by provisions it's made, and it won't have a material impact on the bank's capital
1 min read28 Sep 2016Measures to plug a pension deficit will hurt the tangible net asset value by 1.6 billion in the Q4, previous wrongdoings to cost about 2 billion
4 min read27 Jan 2016Under the settlement, Goldman will pay about $1 billion to Fannie and $2.15 billion to Freddie for the securities it sold
2 min read25 Aug 2014The bank met US justice department representatives on Tuesday, but no progress was made toward a final deal, says the report
1 min read16 Jul 2014An announcement of the settlement could come as early as next week, according to a source
1 min read9 Jul 2014Trustee BNY Mellon to present case for deal approval
2 min read3 Jun 2013S&P says in a filing on Monday that US government lawyers overreached in their attempt to target the company
3 min read23 Apr 2013The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared