Although neither BlackRock nor Carige gave a reason for the pullout, sources say BlackRock’s reasons include excessive risks. On Thursday, U.S. asset manager BlackRock stated, it has pulled out of a proposed rescue of Italian bank Carige, which raises the… Read More ›
state bailout
London jury dismissed in landmark Barclays-Qatar case
Judge Robert Jay told the entire jury that their services are no longer required. In a landmark case revolving around fraudulent transactions perpetuated by four former Barclays executives who had been accused of paying Qatar undisclosed fees to help rescue… Read More ›