New York News
-
Updated 1 hour, 12 minutes ago
Citigroup Inc., the third-biggest U.S. bank by assets, was sued by Sealink Funding Ltd. for damages tied to an investment in $513 million worth of residential mortgage-backed securities.
-
Updated 59 minutes ago
The Depository Trust & Clearing Corp. processed about $19 trillion in securities trades last week even as Hurricane Sandy submerged its 40-year-old underground Manhattan vault holding physical stock and bond certificates.
-
Blackstone Group, which advised on the $2 billion sale of the Los Angeles Dodgers, is seeking to block subpoenas from former team owner Frank McCourt’s ex-wife, Jamie McCourt, in her bid to set aside a divorce settlement.
-
Delmon Young, who played baseball last season for the Detroit Tigers, pleaded guilty to harassment for shouting an anti-Semitic slur at four men before tackling one of them at a New York hotel, Manhattan District Attorney Cyrus Vance Jr. said.
-
New Jersey towns ordered evacuations and New York Governor Andrew Cuomo said he is considering them as a new storm threatens gales, rain and flooding.
-
The New York attorney general’s office is looking into whether gasoline offered through the Craigslist website for as much as $8 a gallon is legal as motorists cope with retail shortages after Hurricane Sandy.
-
New York Court of Appeals Judge Theodore Jones, who served on the state’s highest court for the past five years, died of an apparent heart attack last night, a spokesman said. He was 68.
-
HSBC Holdings Plc said it’s likely to face criminal charges from U.S. anti-money-laundering probes and the cost of a settlement may “significantly” exceed the $1.5 billion the bank has set aside.
-
Royal Park Investments SA/NV sued Bank of America Corp., the second-largest U.S. bank, in New York state court over losses on about $1.6 billion in residential mortgage-backed securities.
-
A New York City woman who worked as a nanny for an Upper West Side couple in Manhattan was charged with multiple counts of murder for allegedly killing two of their children, police said.
|
|
Most Popular on Bloomberg
|
| |