Reuters: Regulatory News: PRESS DIGEST- Financial Times - Oct 24

Reuters: Regulatory News Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals. // via fulltextrssfeed.com

50% off Print Subscription of USA Today Get the news delivered to your doorstep. Lock in the savings and receive USA Today for just $0.75 a day. From our sponsors

PRESS DIGEST- Financial Times - Oct 24 Oct 24th 2013, 01:37 Share this Email Print Reprints Wed Oct 23, 2013 9:37pm EDT Oct 24 (Reuters) - The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy. Headlines U.S. JURY RULES AGAINST BANK OF AMERICA IN MORTGAGE TRIAL () U.S. TASK FORCE PROBES NINE BANKS ON MORTGAGE-BACKED SECURITIES () AMERICAN REALTY BUYS COLE REAL ESTATE FOR $11.2 BLN () GSK CHINA SALES PLUMMET 60 PCT SINCE SCANDAL () PINTEREST VALUE LEAPS 52 PCT TO $3.8 BLN () Overview A jury found Bank of America liable for fraud on Wednesday over selling defective home loans to two government-backed mortgage companies, delivering the U.S. government a major win on a financial crisis case. The U.S. Department of Justice has launched a probe into the mortgage-backed securities sales of at least nine banks as part of an effort by the task force that slapped JPMorgan Chase with a $13 billion fine, people familiar with the matter say. American Realty Capital Properties said it would pay $11.2 billion for Cole Real Estate Investments, creating the largest net-leased real estate investment trust in the United States. GlaxoSmithKline's third-quarter drug sales in China plunged 61 percent following a high-profile bribery probe launched by Beijing into Britain's biggest drugmaker's alleged business practices. The value of San Francisco-based Pinterest rose by over 50 percent to $3.8 billion after the online scrapbook raised $225 million in equity funding. Link this Share this Digg this Email Reprints

You are receiving this email because you subscribed to this feed at blogtrottr.com. If you no longer wish to receive these emails, you can unsubscribe from this feed, or manage all your subscriptions