Bankruptcy

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Judge denies hold-out Detroit creditor motions to block evidence

DETROIT, Sept 2 - A federal judge on Tuesday denied motions by two bond insurance companies that sought to block Detroit from presenting certain evidence at a key hearing on the city's plan to exit bankruptcy.

UPDATE 1-Last call at Atlantic City's Revel: a few bettors, $5 bottles, state cops

(Updates with news on canceled U.S. Bankruptcy Court hearing and analyst comment, paragraphs 12-16.)

1:29pm EDT

FEATURE-Last call at Atlantic City's Revel: a few bettors, $5 bottles, state cops

ATLANTIC CITY, N.J., Sept 2 - Shortly before sunrise on Tuesday, Morgan Capezzera reclined on the roulette table at the Revel Casino in her bikini and snapped a selfie before the Atlantic City gambling hall shut its doors for good.

12:14pm EDT

BRIEF-South Africa's central bank to investigate ABIL

Sept 2 - Jse: Ablp - Abl - South African Reserve Bank ("The Sarb") Investigation Into African Bank

Financials 11:31am EDT

UPDATE 1-HSBC prepares to sell inaugural CoCo bond

LONDON, Sept 2 (IFR) - HSBC is preparing to sell its debut contingent convertible bond following a global investor roadshow as it seeks to meet new regulatory requirements and replenish its stock of Tier 1 capital.

HSBC prepares to sell inaugural CoCo bond

LONDON, Sept 2 (IFR) - HSBC is preparing to sell its debut contingent convertible bond following a global investor roadshow, according to the bank.

IPOs, Financials 8:37am EDT

BRIEF-Polimex-Mostostal says court dismissed bankruptcy claim

* Says court dismissed bankruptcy claim filed by company's creditor Plast-Bud

7:01am EDT

RPT-Doubts over whether Detroit bankruptcy plan gets job done

DETROIT, Sept 2 Reuters) - Detroit's plan to recover from bankruptcy includes several blueprints for a new future. The only problem is the city, the largest ever to file for bankruptcy, is still a long way from financially healthy and its restructuring plans leave little room for error.

Bonds, Markets, Financials 7:00am EDT

BRIEF-Techniline announces liquidation of Techni Cine Phot unit

* Says Commercial Tribunal announced compulsory liquidation of its Techni Cine Phot unit on Aug. 6

5:22am EDT

Bank of China hires 9 banks for Additional Tier 1

SINGAPORE, Sep 2 (IFR) - Bank of China has picked nine banks for its debut issue of offshore Additional Tier 1 preferred shares, according to a banker close to the deal.

Financials 3:51am EDT
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Is U.S. economic patriotism hurting?

Any Americans believing that their country is being bought up by the Chinese might want to think again, according to the Vale Columbia Center on Sustainable International Investment.

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