BRIEF-Deutsche Bank said to face possible $60 mln derivative loss-Bloomberg,citing sources
* Deutsche Bank said to face possible $60 million derivative loss- Bloomberg,citing sources Source https://bloom.bg/2se2XDX
April 13 ConocoPhillips said on Thursday it would sell natural gas-heavy assets in San Juan basin, spanning New Mexico and Southwestern Colorado, to an affiliate of privately held Hilcorp Energy Co for about $3 billion.
Conoco will receive $2.7 billion in cash.
The deal also includes a contingent payment of up to $300 million.
Hilcorp has a partnership with private equity firm Carlyle Group LP to acquire and develop North American oil and gas properties. (Reporting by Ahmed Farhatha in Bengaluru; Editing by Sriraj Kalluvila)
TORONTO, June 27 Royal Bank of Canada on Tuesday agreed to pay C$21.8 million ($16.5 million) in compensation to clients who were charged excess fees for mutual fund products and fee-based accounts.
NEW YORK, June 27 A Florida man was sentenced on Tuesday to 5-1/2 years in prison after pleading guilty to operating an illegal bitcoin exchange suspected of laundering money for hackers and linked to a data breach at JPMorgan Chase & Co.