09/12/2013
A lawyer for a former JPMorgan Chase & Co employee who worked with "the London Whale" Bruno Iksil, has been trying to convince U.S. prosecutors that his client was the unwitting victim of manipulation by his superiors.
09/11/2013
He was demoted after he conducted audits and told superiors about the risks
09/11/2013
The case is in the document-discovery stage, with the heirs alleging in papers made public today that the bank produced as evidence...
09/10/2013
U.S. authorities are looking to seize pricey Manhattan real estate linked to a tax fraud they say was uncovered by a whistleblowing Russian lawyer before he died behind bars.
09/09/2013
Barclays has agreed to pay $36.1m to settle charges it hurt US homeowners by packaging subprime mortgages that the borrowers could not afford
09/09/2013
Covington & Burling is pleased to announce that Donald Ross has joined the firm as senior of counsel in the firm’s New York office.
09/07/2013
Icap officials have said they are cooperating with various rate-rigging investigations and that senior executives weren't involved in any improper conduct.
09/05/2013
Bank of America Corp agreed to pay $39 million to settle a gender bias lawsuit by female brokers who claimed they were paid
09/03/2013
he founder of a hedge fund with more than $3.2 billion under management was busted by police in Tigard, Oregon.
09/03/2013
It was the latest move by New York banking Superintendent Benjamin Lawsky to clamp down on questionable practices by foreign banks in New York.
09/03/2013
The workers facing the EU rules, which would cap bonuses at twice annual pay, include 23,450 bankers in the U.K.
09/02/2013
Two Morgan Stanley units must pay $8 million to a former energy trader, who said the firms improperly terminated him for cause
09/01/2013
The settlement, which would end an eight-year legal battle if approved, is the third biggest in U.S. race-bias litigation.
08/29/2013
Shareholders said the losses were exacerbated because of the funds' failure to follow their rules, leaving them vulnerable to a credit crisis.
08/29/2013
My actions were entirely consistent with those of others at senior levels" in Citigroup Japan
08/29/2013
According to the PCAOB's report on PwC, the board found significant deficiencies in 21 of the 52 audits it inspected
08/29/2013
The SEC is also considering filing civil charges against Merrill Lynch
08/28/2013
IPS releases 20-year review showing that nearly 40 percent of America’s top-paid CEOs are not so great at their jobs.
08/27/2013
The rules, known as Basel III, are the main global response to undercapitalized banks
08/27/2013
The chairman of Bakers’ executive committee Eduardo Leite said revenue growth had been steady across all of the firm’s regions, while the positive financial results reflected both organic growth and expansion into new offices in Casablanca, Li