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Analysts say AT&T may agree to sell about 40 percent of T-Mobile’s assets to rivals in order to get the merger deal approved by the FCC.
Citigroup Inc.’s $285 million settlement with the U.S. Securities and Exchange Commission over mortgage-backed securities was rejected by a Manhattan federal judge.
Tokyo Electric Power Company, still recovering from the March tsunami in Japan, announced plans to sell holdings in other companies to raise about $2.5 billion.
Just in: 190 financial firms are estimated to have made around $13 billion from the Fed Reserve’s secretive bank lending program.
Moody’s Investors Service warned that many countries in the euro zone might default on their debt or leave the currency.
White Collar Watch examines proposals to tighten restrictions on securities trading based on information gleaned from Capitol Hill.
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