Nine companies refuse to be joined in bank forex trading case
The Competition Commission has accused various banks of colluding to fix prices
Source: businesslive.co.za
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Nine companies refuse to be joined in bank forex trading case
No case has been made by the Competition Commission against either Nedbank Group Ltd or Nedbank Ltd in its complaint against various banks for allegedly colluding to fix prices and divide markets in respect of the rand–dollar exchange rate, said counsel for Nedbank Group Ltd and Nedbank Ltd.
Source: timeslive.co.za
Second Circuit Court Of Appeals Partially Resuscitates Tribune Leveraged Buyout Litigation - Insolvency/Bankruptcy/Re-structuring
The U.S. Court of Appeals for the Second Circuit has issued another decision in the Tribune Company Fraudulent Transfer Litigation,1 partially upholding the U.S. District Court...
Source: mondaq.com
Orchid Island Capital Announces First Quarter 2021 Results
Orchid Island Capital Announces First Quarter 2021 Results By Staff 4 mins ago VERO BEACH, Fla.–(BUSINESS WIRE)–Orchid Island Capital, Inc. (NYSE:ORC) (“Orchid” or the “Company”), a real estate investment trust (“REIT”), today announced results of operations for the three month period ended March 31, 2021. First Quarter 2021 Highlights Net interest income of $24.9 million, or $0.29 per common share Total expenses of $3.5 million, or $0.04 per common share Net realized and unrealized losses of $50.8 million, or $0.60 per common share, on RMBS and derivative instruments, inclu...
Source: digitalmedianet.com