12/23/2014
A plan by the U.S. Securities and Exchange Commission to widen the minimum trading increments of some small-cap stocks to test if that would spur more trading could end up harming mom-and-pop investors
12/22/2014
The courtroom victory of the only Swiss banker to beat the U.S. in a trial over offshore tax evasion may embolden other indicted financial workers to leave a legal limbo some have occupied more than five years.
12/22/2014
Lawyers from Mayer Brown, Sidley Austin and Ogletree Deakins all give back in different ways
12/21/2014
Scotiabank announced today that its subsidiary in Peru has reached an agreement to acquire the retail and commercial banking operations of Citibank in Peru, subject to regulatory approval.
12/21/2014
Megabank JPMorgan Chase & Co. Chase has had to deal with numerous regulatory and criminal problems over the last decade.
12/19/2014
Two brokerage units of Wells Fargo & Co must pay a joint $1.5 million fine for failing to comply with anti-money laundering regulations by not verifying 220,000 new accounts during a nine-year period, the Financial Industry Regulatory Authority (FINR
12/18/2014
The firm failed to properly vet some 220,000 new client accounts, Finra said
12/18/2014
The U.S. financial risk council on Thursday requested information on asset managers' key risks as part of an attempt to determine whether the industry poses a threat to markets.
12/18/2014
A U.S. credit union regulator has filed a lawsuit against two major banks over shoddy mortgage securities they sold during the run-up to the financial meltdown.
12/17/2014
The alleged fraud unraveled when the firm accidentally sent a loan statement to a college roommate of Thibeault in Arizona
12/17/2014
Banks and financial institutions are planning an aggressive push to dismantle parts of the Wall Street reform law when Republicans take control of Congress in January.
12/17/2014
BTG Pactual entered Chile with the $600 million acquisition of brokerage firm Celfin Capital SA in February 2012, but until now has not been allowed to operate in Chile under its own platform.
12/17/2014
The Supreme Court has quashed an earlier decision by a commercial court , that dismissed an application by Republic Bank to strike out a suit filed by HFC Bank.
12/16/2014
Yankee great Jorge Posada has sued his money agents for allegedly duping him out of $11.2 million — stealing a major chunk of his wealth just three years after he retired from baseball.
12/16/2014
The trustee handling the liquidation of the brokerage unit of Lehman Brothers Holdings Inc filed a petition with the U.S. Supreme Court on Monday seeking review of the business's cash assets awarded to Barclays Plc (BARC.L).
12/16/2014
The regulator in October accused Jordan Peixoto of making nearly $50,000 in illicit profits after learning from a friend who lived with a Pershing Square analyst of the hedge fund’s intention.
12/16/2014
Police have arrested a Yadkin County man amid an investigation involving Fackrell Trivette Wealth Management.
12/16/2014
Bank of America Corp. ’s Merrill Lynch unit violated fair-pricing guidelines nearly 720 times in retail customer transactions over two years
12/16/2014
A surprise interest rate hike by the Russian central bank late Monday night left analysts debating whether such "panicked" moves by officials have any genuine impact.
12/15/2014
Boris Johnson risks a hefty fine or even a spell in jail if he fails to pay American capital gains tax on a London property he sold in 2009