Bill Gross settles Pimco lawsuit for over $81 mln - CNBC
NEW YORK, March 27 Pimco co-founder Bill Gross has settled his lawsuit against his former employer for just over $81 million, CNBC reported Monday, citing sources.
LONDON Jan 10 HSBC said its $9.4 billion deal to sell its stake in Chinese insurer Ping An remains on track, and it is not aware of any new information related to the deal that needs to be disclosed.
After media reports that the sale had run into trouble, HSBC said in a brief statement it "is not aware of any information which must be announced to avoid a false market in HSBC's securities or of any inside information that needs to be disclosed".
Thailand's CP Group agreed to buy HSBC's 15.6 percent stake in Ping An on Dec. 5, backed by state-run China Development Bank. HSBC said on the basis of its inquiries, the information related to the deal remains accurate.
March 27 Shares in U.S. banks led broader market losses on Monday as the failure of the Republican's healthcare bill intensified investor doubts whether President Donald Trump would be able to deliver on his pro-business policy promises.