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Bank of America Corp.’s Merrill Lynch unit was sued by Woori Bank over losses on $143 million in collateralized debt obligations, or CDOs. Woori, based in Seoul, claimed in a complaint filed today in Manhattan federal court that Merrill ...
May 18, 2012 at 22:17 | Source: Bloomberg
Citigroup Inc. (C) was sued by Woori Bank to recover losses from the Seoul-based lender’s $95 million investment in collateralized debt obligations it claims were fraudulently sold. Woori claims Citigroup led it to invest during 2006 and 2007 ...
May 17, 2012 at 21:14 | Source: Bloomberg
On Friday, South Korea-based Woori Bank, a unit of Woori Finance Holdings Co. Ltd. (WF), sued Merrill Lynch unit of Bank of America Corporation (BAC). Woori's complaint accuses the investment bank of creating and selling seven collateralized ...
May 21, 2012 at 15:40 | Source: Yahoo Finance
On Friday, South Korea-based Woori Bank, a unit of Woori Finance Holdings Co. Ltd. ( WF), sued Merrill Lynch unit of Bank of America Corporation ( BAC). Woori's complaint accuses the investment bank of creating and selling seven collateralized ...
May 21, 2012 at 17:34 | Source: NASDAQ
Woori Finance Holdings Co., Ltd. is a holding company of Woori Bank, Kwangju Bank, Kyongnam Bank, and Woori Credit Card. The Company manages and controls its financial subsidiaries. SmarTrend will continue to scan these moving averages and a ...
May 18, 2012 at 14:39 | Source: TMCnet
Pool Corporation's ( POOL) first-quarter 2012 earnings outperformed the Zacks Consensus Estimate. The company is a recognized leader in the industry. The potential for market growth is significant and cost-containment initiatives augur well for ...
May 22, 2012 at 13:30 | Source: NASDAQ
Woori Finance Holdings Co., Ltd. is a holding company of Woori Bank, Kwangju Bank, Kyongnam Bank, and Woori Credit Card. The Company manages and controls its financial subsidiaries. In the past 52 weeks, Woori Finance Holdings share prices have been ...
May 15, 2012 at 16:51 | Source: Financial News Network Online
Chicago, IL – May 22, 2012 – Zacks Equity Research highlights Pool Corporation (POOL) as the Bull of the Day and ArcelorMittal (MT) as the Bear of the Day. In addition, Zacks Equity Research provides analysis on Woori Finance Holdings Co ...
May 22, 2012 at 10:45 | Source: Yahoo Finance
Woori Finance closed down 7.1% at KRW10,550. Korea Development Bank and Woori Bank, the main banking unit of Woori Finance, declined to disclose their exposure to the Korean conglomerate, while STX Group declined to comment on its financing details.
May 17, 2012 at 09:32 | Source: FOXBusiness
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May 19, 2012 at 20:14 | Source: Worldnews.com