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ANZ to Open Office in Myanmar in Early 2013

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Venezuela’s PdVSA to Receive $1.5 Billion Loan From Rosneft for Oil Joint VentureComments Off

State-energy monopoly Petroleos de Venezuela, or PdVSA, and Russian oil company Rosneft (ROSN.RS) signed deals Thursday to boost production at a new joint venture in the South American country’s vast Orinoco heavy oil belt.

Ex-Goldman Investment Banker Pays $100,000 in SEC Pay-to-Play CaseComments Off

A former investment banker at Goldman Sachs Group Inc. (GS) agreed to pay $100,000 and submit to a five-year ban from the securities industry to settle Securities and Exchange Commission allegations about his role in a pay-to-play scheme involving the …

Target, Macy’s and Others Sue Visa and MasterCard Over FeesComments Off

Some of the country’s biggest retailers sued Visa Inc. (V) and MasterCard Inc. (MA) Thursday, arguing the world’s largest payment networks have imposed anticompetitive transaction-fee policies and card-acceptance rules on merchants.

Goldman Sachs banker settles SEC ‘pay-to-play’ chargesComments Off

Former Goldman Sachs banker Neil Morrison agreed to pay $100,000 to settle charges for his role in a pay-to-play scheme involving a Massachusetts gubernatorial campaign, the largest such penalty paid by an individual, the U.S. Securities and Exchange C…

Icahn seeks up to $7 billion for Dell bidComments Off

Activist investor Carl Icahn and Southeastern Asset Management Inc have initiated talks with banks and asset managers to line up commitments for as much as $7 billion in bridge loans to back their leveraged recapitalization proposal for Dell Inc, banki…

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