Sakthi Prasad
Recent Stories By Sakthi Prasad:
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U.S. brings fraud charges against firm that vetted SnowdenJanuary 23, 2014
(Reuters) - The U.S. Justice Department accused United States Investigations Services (USIS), the largest private provider of security checks for the government, of bilking millions of dollars...
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JPMorgan, MF Global Inc trustee reach $546 million settlementMarch 20, 2013
(Reuters) - JPMorgan Chase & Co has reached a $546 million settlement with the trustee liquidating the failed broker-dealer unit of MF Global Holdings, a court filing showed, an amount that will...
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Investment Firm Behind Bushmaster to Exit Gun BizDecember 18, 2012
Following pressure from a major investor, U.S. private equity firm Cerberus Capital Management is selling gunmaker Freedom Group, whose Bushmaster AR-15 rifle was used in the Connecticut school...
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NYSE to test new plan; trading floor undamaged by stormOctober 30, 2012
(Reuters) - NYSE Euronext said it plans to test a new contingency plan to help resume stalled U.S. equity trading, and added that its famed trading floor is not yet damaged by Sandy, one of the...
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Dewey files for Chapter 11 in record law firm collapseMay 28, 2012
NEW YORK/BANGALORE (Reuters) - The crippled law firm Dewey & Leboeuf LLP filed for Chapter 11 bankruptcy protection Monday night and will seek approval to liquidate its business after failing to...
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BofA to Introduce New Checking Account FeeMarch 1, 2012
Bank of America Corp is planning to introduce a monthly fee for its customers holding checking accounts unless they agree to bank online, buy more products or maintain certain balances, the Wall...
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SEC: New Money-Market Fund RulesFebruary 7, 2012
The Securities and Exchange Commission (SEC) will unveil proposals aimed at stabilizing money-market funds in the event of another financial panic, the Wall Street Journal reported on Tuesday, citing...