Final Madoff Defendant Gets 6 Months In Prison
Irwin Lipkin, 77, was the Madoff firm's controller from 1964 to 1998.
HSBC To Sell Brazilian Unit To Banco Bradesco For $5.2B; H1 Profit Up 10%
Banco Bradesco is expected to announce its acquisition of HSBC's Brazil unit on Monday.
Bitcoin Exchange MtGox Former CEO Mark Karpeles Arrested In Japan
The former CEO of the now-defunct MtGox, once the world’s largest hub for trading the virtual currency, was arrested over the disappearance of bitcoins worth almost $500 million.
3 Things Consumers Should Do Before The Federal Reserve Hikes Interest Rates
An inevitable rise in interest rates will have broad affects on consumers as windows of opportunity narrow on these three types of financial products.
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Pearson In Talks To Sell Economist After Financial Times Sale
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Chris Christie Aides Stalling Probe Of Pension Fees Paid To Wall Street: NJ Pension Chief
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Consumer Financial Protection: Growing Watchdog Agency Faces New Tests On Anniversary Of Wall Street Reform
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Scott Walker Push For Milwaukee Bucks Arena Subsidy Could Benefit His Fundraising Chief
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Greek Debt Crisis: New Bailout Package, Finance Minister Supported By Anti-Austerity Predecessor Yanis Varoufakis
Talk about a head-scratcher: Former Finance Minister Yanis Varoufakis once reportedly characterized Greece's creditors as "terrorists."
New York Stock Exchange ‘Suspended,’ Technical Issue To Blame
The sudden temporary suspension was attributed to technical issues.
JPMorgan To Pay Over $125M To Settle US Credit Card Debt Probes
The nation's largest bank has been accused of relying on robo-signing and other discredited methods.
Barclays CEO Antony Jenkins To Leave, Chairman Takes Over
The shock decision came after the board decided new leadership was required following a period of lackluster results.
US Banks Post Detailed Crisis Plans To Avoid Breakup Threat
After the last financial crisis, banks were required to submit "living wills" each year to show how they would deal with bankruptcy during a crisis.
Who Killed The Ex-Im Bank? How Conservatives And The Koch Network Brought Down An Agency
Renewing the bank should be a textbook example of bipartisan cooperation. But as of Wednesday morning, there is no more Ex-Im Bank.
Greece Tourists Watch Debt Crisis Unfold As Residents Struggle With Closed Banks, Capital Control
Tourists in Greece reported empty restaurants, ATM lines and fuel shortages.
Pension Fund Investments: Ban Gifts And Pay Trustees, Experts Say
"Gift-giving by asset managers to trustees is effectively bribery," says an ex-SEC lawyer.
India To Inject About $3B This Fiscal Year In State-Owned Banks: TV
Finance Secretary Rajiv Mehrishi is accompanying Finance Minister Arun Jaitley on a U.S. visit seeking more investment in India.
Indian Supreme Court Asks Sahara To Deposit $5.7B In 18 Months
The Sahara group owns assets ranging from The Plaza Hotel in New York to a Formula One team.
Sand Hill Exchange: Regulators Stop Illegal Trades On Silicon Valley's 'New Wall Street' Exchange
Sand Hill Exchange, which hoped to challenge Wall Street by helping users invest in startups, met its match with financial regulators.
Janet Yellen Speech Live Update: Federal Reserve Keeps Interest Rates Unchanged In FOMC Statement
The Fed signaled it could begin returning interest rates to normal levels this year, marking the first rate hike in nearly a decade.
Wall Street Stirs Fears Of Bond Market Crisis In Push For Looser Regulations
Sounding the alarm over instability in the bond market, major banks are asking to roll back rules that make markets more transparent.
Election 2016: Wall Street's Political Contributions Risk Running Afoul Of Federal Laws
An increased focus from federal regulators on hedge fund and private equity political giving could "blindside some companies."
S&P Lowers Ratings Of Barclays, Deutsche And RBS
Standard & Poor's downgraded several U.K. and German banks, saying it considers government support for these banks to be uncertain.
HSBC Boss Prepares To Axe Jobs, Businesses In Strategy Refresh
CEO Stuart Gulliver is due to outline on Tuesday his second major strategic plan since taking over at the start of 2011.
Corinthian Colleges Debt Relief: Education Department Announces Plan To Forgive Federal Student Loans
Students at schools that shut down can request a closed school loan discharge or try to transfer their credits.
General Electric Finalizing Deal To Sell Private-Equity Lending Unit To Canada's Largest Pension-Fund Manager
The deal is expected to be signed Monday.
Deutsche Bank Appoints John Cryan CEO After Juergen Fitschen, Anshu Jain Resign
A former chief financial officer of the Swiss UBS AG, the incoming CEO has been on Deutsche Bank’s supervisory board since 2013.
Sen. Elizabeth Warren Takes Aim At SEC Head Mary Jo White Over "Extremely Disappointing" Tenure
Sen. Elizabeth Warren, firebrand critic of Wall Street, is assailing the "extremely disappointing" tenure of SEC Chair Mary Jo White.
Ellen Pao Appeals Against Kleiner Perkins In Gender Discrimination Case
A March ruling had concluded that Silicon Valley venture capital firm Kleiner Perkins Caufield & Byers did not discriminate against executive Ellen Pao.
HSBC Set To Cut Thousands Of Jobs Globally: Sky News
An estimated 10,000 to 20,000 jobs will be axed, Sky News said, citing unidentified sources.
Marijuana Business 2015: In Legal Weed Industry, Solutions For Lack Of Banking Access May Lie In Building Relationships
With the marijuana industry's lack of banking access becoming a public-safety issue, it is beginning to explore new options.
Dick Fuld, Former CEO Of Failed Bank Lehman Brothers, Speaks Publicly For First Time Since Financial Crisis
The former boss of Lehman Brothers, whose 2008 collapse helped trigger the financial crisis, spoke publicly for the first time in seven years.
Rhode Island Pension Transparency: 'Still A Long Way To Go'
The Ocean State's pensioners can expect more transparency on how their retirement money is being invested, but is that money safer?
MYbank Vs. WeBank: China’s Internet Giants Go Head To Head In New Online Banking Sector
Internet giants Alibaba and Tencent square up in the country's new online banking sector, at the start of potentially far-reaching financial reforms.
Loan Recovery Eludes India's Banks, Even As Growth Rate Beats China
India's firms have seen debt levels nearly triple in the past five years.
China, India Likely To Be Largest Shareholders Of AIIB: Sources
Asian countries will own between 72-75 percent of the bank, while European and other nations will own the rest.
Cuban Government Opens US Bank Account, Strengthening Diplomatic Thaw
Stonegate Bank in Florida reportedly welcomed the Cuban government as its newest client, furthering thawing U.S.-Cuba relations.
UBS Says To Settle FX Probe, Pay $545 Million, Plead Guilty Over Libor
UBS said its settlement includes a $203 million penalty for pleading guilty to allegations it rigged Libor benchmark interest rates.
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