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Thursday Express: Goldman Sachs loses appeal related to $835M loan

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Thursday Express: Goldman Sachs loses appeal related to $835M loan

* The U.K.'s supreme court denied Goldman Sachs' appeal for compensation from Portugal-based Novo Banco related to an $835 million loan extended to the collapsed Banco Espírito Santo, Reuters reports.

* The National Pension Service of Korea is the lead bidder to purchase Goldman Sachs' new London headquarters for more than $1.4 billion, a Bloomberg News source says.

* Private equity firm Madison Dearborn Partners is backing Canadian insurance brokerage Navacord in a deal to buy out its minority capital partner.

* A U.K. court ruled that the interchange fees set by payment processors Visa and Mastercard are unlawful and restrict competition, Bloomberg reports.

* Insurance broker Holmes Murphy & Associates acquired specialty risk management company Cobb Strecker Dunphy & Zimmermann.

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