10/22/2014

Citigroup Directors Prevail in Second LIBOR Lawsuit

For the second time this year, a shareholder derivative case against Citigroup's directors that alleged they should be held personally liable for losses stemming from the bank's misstatement of LIBOR, has been rejected by the Commercial Division

10/16/2014

SEC issues enforcement action against former Wells Fargo employee

The Securities and Exchange Commission issued an enforcement action Wednesday against a former Wells Fargo Advisors compliance officer in St. Louis, alleging she altered a trading review document that was part of an insider trading investigation.

10/15/2014

Regulators Are Set to Tighten Swaps Rules

Global regulators are preparing to impose new restrictions on banks, asset managers and others who use swaps to help hedge risks and speculate on market moves.