TOKYO, Sept 17- JGB prices edged down, pushing the 10- year yield to a three-month high, as regional banks took profits ahead of their half-year book-closing and ahead of 20- year JGB auction later in the day. The 10- year JGB yield rose 0.5 basis point to 0.580 percent, its highest level since June 24 while the 20- year yield rose 0.5 basis point to 1.405 percent.» Read More
LAWSKY SAYS INDEPENDENT MONITOR WILL FURTHER REVIEW THE INVOLVEMENT OF INDIVIDUAL CREDIT SUISSE EMPLOYEES IN THE MISCONDUCT.
BERLIN, May 19- Airbus will keep evolving the design of its A380 superjumbo in response to Boeing's latest jetliner, the 777 X, which has been bolstered by "unacceptable" Washington state subsidies, the head of the European planemaker said on Monday.
LAWSKY SAYS CREDIT SUISSE MUST FIRE CERTAIN INDIVIDUALS WHO WERE PREVIOUSLY INDICTED BUT WERE STILL BEING PAID BY CREDIT SUISSE.
NEW YORK SUPERINTENDENT OF FINANCIAL SERVICES BENJAMIN LAWSKY SAYS CREDIT SUISSE TO PAY $715 MILLION PENALTY, REQUIRED TO INSTALL INDEPENDENT MONITOR.
OFFICIAL SAYS EXPECTS ADDITIONAL ACTION IN AREA OF OFFSHORE TAX PROBES IN THE COMING MONTHS.
May 19- Ophthotech Corp said it could potentially receive over $1 billion in payments as part of a licensing deal for its experimental eye drug with Novartis AG. Ophthotech's shares rose as much as 29 percent in trading after the bell.
JUSTICE DEPT SAYS CREDIT SUISSE TO PAY $715 MILLION AS PART OF AGREEMENT WITH NEW YORK STATE DEPARTMENT OF FINANCIAL SERVICES.
JUSTICE DEPT SAYS CREDIT SUISSE WILL PAY OVERALL FINANCIAL PENALTIES IN EXCESS OF $2.5 BILLION AS PART OF TAX EVASION CASE.
HOLDER SAYS CREDIT SUISSE PENALTY SHOWS NO FINANCIAL INSTITUTION IS ABOVE THE LAW.
ATTORNEY GENERAL ERIC HOLDER SAYS CREDIT SUISSE TO PAY $1.8 BILLION FINE AS PART OF SETTLEMENT.
HOLDER SAYS CREDIT SUISSE IS LARGEST BANK TO PLEAD GUILTY TO CRIMINAL CHARGE IN 20 YEARS.
NEW YORK, May 19- Pfizer Inc may have called its $118 billion bid for AstraZeneca Plc a "final" offer, and its British rival sees no prospect of a deal being revived. Morningstar analyst Damien Conover in Chicago said the odds of an AstraZeneca purchase had fallen well below the 50 percent mark.
WASHINGTON, May 19- Corporate tax-dodging deals known as inversions, in which a U.S. multinational shifts its tax domicile to a lower-tax country, would be restricted under legislation to be proposed in both houses of Congress by Democrats on Tuesday. Representative Sander Levin and Senator Carl Levin, brothers from Michigan, will both propose bills, aides said.
CREDIT SUISSE AG PLEADS GUILTY TO U.S.
NEW YORK, May 19- New York Attorney General Eric Schneiderman has launched a statewide effort to combat so-called zombie properties by encouraging the state legislature to pass the Abandoned Property Neighborhood Relief Act he proposed earlier this year.
China immediately denied the charges, saying in a strongly worded Foreign Ministry statement the U.S. grand jury indictment was "made up" and would damage trust between the two nations. Officials in Washington have argued for years that cyber espionage is a top national security concern.
NEW YORK, May 19- Jon Corzine and other former insiders of collapsed brokerage MF Global can tap another $10 million of insurance funds to defend lawsuits accusing them of hastening the firm's downfall, a U.S judge said on Monday.
TOKYO, May 20- Japanese companies increasingly expect to bounce back from a sales tax increase by the end of the year and are more willing to raise wages, a Reuters poll showed, adding to evidence that the hike is unlikely to derail a recovery in world's third-biggest economy.
*J.P. Morgan, Citigroup and Barclays are lead underwriters. J.P. Morgan, Citigroup and Barclays are the lead underwriters of the IPO, the company told the U. S Securities and Exchange Commission in a preliminary prospectus. GoPro's founder and CEO Nicholas Woodman and his family are the biggest stockholders with a 49 percent stake.
The Financial Industry Regulatory Authority is looking at instances in which brokerage firms may have used algorithms to engage in abusive trades, or failed to supervise the use of algorithms by their advisers, Rick Ketchum, FINRA chairman and chief executive, told reporters at the regulator's annual conference in Washington.