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JP Morgan to face lawsuits over failed credit unions

American courtroom

U.S. District Judge John Lungstrum said the National Credit Union Administration may pursue civil claims that the bank and two companies it bought, Bear Stearns and Washington Mutual, misrepresented the quality of dozens of securities sold to four credit unions in 2006 and 2007.

M&A set to surge following Vodafone's bumper deal

Thumbs Up At Desk

Following the confirmation of Vodafone's $130 billion-deal with Verizon on Monday, merger and acquisition (M&A) activity is set to boom as appetite for mega deals returns, according to an upcoming report.