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Justice Dept. Casts Wide Net with Mortgage Subpoenas

A U.S. Justice Department inquiry into the packaging and sale of home loans by the biggest U.S. banks casts a wide net and appears to significantly overlap with other enforcement efforts, according to people who have viewed subpoenas sent to the firms.
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Citi Bank

Citi Sells Stake in India's HDFC for $1.9 Bln

Citigroup sold its stake in Housing Development Finance Corp (HDFC) for $1.9 billion, as global banks focus on shoring up their balance sheets to meet stricter capital requirements.
Plaza Hotel

Plaza Hotel's $33.5 Million, $8.3 Million Condos Sold [PHOTOS]

Manhattan's venerable Plaza Hotel, site of a $48 million sale in 2011, has seen two more big deals to start off 2012. One of the building's penthouses, #PH2009, has been sold, according to StreetEasy. The deal hasn't closed yet, but the last asking price was $33.5 million.
Shell

Shell to Buy Cove Energy for $1.6 Billion

Royal Dutch Shell Plc (RDSa.L) has made an agreed 992.4 million pounds ($1.6 billion) bid for Mozambique-focused Cove Energy (COVE.L), offering a full price to open up a new gas frontier for the Anglo-Dutch oil major in East Africa.
U.S. Silver Corp.

Gold Prices up 2nd Day, Silver Gains, Too

Gold rose for a second day on Tuesday, taking its cue from a brief rally in the euro after euro zone finance ministers struck a deal with Greece on its emergency funding, while silver shrugged off data that showed a steep drop in Chinese imports.
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Universal seeks EU okay for EMI buy

French media group Vivendi's Universal Music is seeking EU regulatory approval to buy British record label EMI's recorded music unit for $1.9 billion to boost its worldwide market share, the European Commission said on its website on Monday.
A journalist checks the U.S. Senate's website

Critics Seek to Stall Senate Cybersecurity Bill

Republican critics of a Senate cybersecurity bill want to slow down consideration of the measure, saying it could give government too much power over private-sector infrastructure companies.
Moody's

Moody's: Financial Titans, EU Banks Under Review

Moody's Investors Service placed 114 financial firms , as well as 17 banks and securities firms with global capital markets operations, under ratings review due to the ongoing Eurozone crisis.
Moody's

Moody's Warns Top U.S., Europe Banks of Review

Moody's Investor Service warned Thursday it could downgrade the credit ratings of 17 global banks and securities firms due to more fragile funding conditions, increased regulatory burdens and a more difficult operating environment.
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Citigroup Pays $158M in Mortgage Fraud Pact

Citigroup Inc has agreed to pay $158.3 million to settle U.S. civil claims that it defrauded the government into insuring thousands of risky home loans made by its CitiMortgage unit.
Proview Technology has filed a lawsuit against Apple, saying that the California company has committed fraud and unfair competition.  The China-based technology company accused Apple of misrepresenting itself when securing the iPad trademark, according to

iPad 3 Rumors Roundup: What Should We Really Expect?

The rumors about Apple's next generation iPad - dubbed iPad 3 - are always buzzing around the Internet, but it won't keep for long, if the latest report of iMore that the new tablet will be unveiled on March 7, is true.

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