HK Watchdog Repeats Call for Banks’ IPO Liability

Hong Kong’s securities regulator proposed to make banks criminally liable for false statements in initial public offering documents, seeking to strengthen investor protection after a series of accounting scandals.
IAG Rules Out Increase on Aer Lingus Stake Offer
14:42 - Following the Irish government’s announcement it would sell its 25.1 percent stake in Aer Lingus to International Airlines Group, chief executive Willie Walsh ruled out any increase on the 2.55 euros per share offer, which values the airline at 1.36 billion euros (USD 1.7 billion).
  • Arrests Made in FIFA Soccer Probe
  • IAG to make formal bid for Ryanair's Aer Lingus stake
  • A Good Day for European Equities