Japanese Trust Bank Sues to Block Merger
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A Japanese trust bank on Thursday sued UFJ Holdings Inc., one of the nation's top four banks, to block its planned merger with Mitsubishi Tokyo Financial Group Inc., a move that would create the world's largest bank.
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UFJ Holdings Inc. said Japan&#39;s Supreme Court upheld its right to merge with Mitsubishi Tokyo Financial Group Inc. and create the world&#39;s largest bank by assets.
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Deutsche Bank sought on Tuesday to have a federal judge dismiss the bankruptcy protection filing in Houston by the Russian oil giant Yukos.
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Daiei Inc., Japan&#39;s third-largest retailer, agreed to seek aid from a government-run bailout agency after failing to win creditor support for its own restructuring plan.
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A broker-dealer firm sued brokerages  watchdog NASD and the New York Stock Exchange on Friday to  block a deal to merge oversight functions, saying the  arrangement would be unfair to NASD members.
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Softbank, which acquired Japan Telecom this summer, today complained that its plan to offer mobile phone service could be thwarted by the government&#39;s refusal to provide the necessary bandwidth.
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UFJ Holdings Inc., Japan&#39;s fourth- biggest lender, said the nation&#39;s Supreme Court upheld its right to merge with Mitsubishi Tokyo Financial Group Inc.
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The Financial Times claims Nomura, the Japanese bank, is involved in a plan to raise Â£200m to block a takeover of Man Utd by Malcolm Glazer.
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A report says Goldman Sachs has made a bid for the Japanese consumer finance giant, challenging Newbridge Capital.
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The state of Ohio has filed an anti-trust lawsuit accusing Marsh & McLennan Cos, the world's largest insurer, AIG  and three other insurers and their subsidiaries of price fixing and other anti-competitive behavior, Attorney General Marc Dann said on Monday.
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Grant Thornton and Bank of America have filed motions in a New York court to remove a US injunction stopping them counter-suing insolvent Italian dairy group Parmalat, which has sued each for $10 billion.
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The Securities and Exchange Commission filed a lawsuit on Wednesday against the brokerage firm JB Oxford Holdings and its National Clearing Corporation unit, accusing them of improper mutual fund trading.
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The U.S. buyout firm whose sale of Korea Exchange Bank was blocked by a corruption investigation, will collect $445 million in dividends from the bank.
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The Securities and Exchange Commission has sued JB Oxford Holdings Inc., a small brokerage and clearing company, and three of its executives for allegedly helping customers from as far away as Switzerland improperly trade fund shares.
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Bank of America  has accused a  Dutch court of unlawful action by blocking its $21 billion  purchase of ABN AMRO&#39;s  U.S. unit LaSalle Bank in an  appeal filing, the Financial Times reported on Friday.
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SAN FRANCISCO (CBS.MW) -The United Steelworkers of America said Tuesday it sued to block temporarily Cooper Tire &amp; Rubber&#39;s planned sale of four automotive products plants.
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Japan's Supreme Court said merger talks could proceed between troubled UFJ Holdings Inc. and Mitsubishi Tokyo Group Inc. -- the latest development in an escalating battle among the country's top banks to potentially create the world's largest banking company.