Owen Davis

JPMorgan and others were penalized a combined $5.7 billion over foreign exchange manipulation. Despite the historic guilty pleas, no individuals were charged.

After years of reforms geared at improving the culture of banking, a survey of financial professionals finds an industry rife with misconduct.

Four major banks will reportedly enter historic guilty pleas. But when the Justice Department charges institutions, not individuals, paradoxes arise.

The bank announced in a regulatory filing that "any resolution acceptable to DOJ would require that the Firm plead guilty."

Canada's finance minister threw a wrench into U.S. trade negotiations, suggesting that the Volcker rule violates NAFTA.

In legislation Sen. Elizabeth Warren proposed with Republican Sen. David Vitter, the Fed would face sharper limits in bailing out struggling banks.

Economists at the International Monetary Fund released new research that examines how an outsized financial sector harms the economy.

Highly anticipated draft legislation could free banks with less than $500 billion in assets from stringent oversight.

Nomura Holdings was found liable for selling faulty loans in the lead-up to the subprime mortgage crisis.

The House Financial Services Committee also wants to know whether the federal government retaliated against ratings agencies for downgrading U.S. debt.

Cornelius Clark was the fourth person arrested in connection with the killing of two police officers in Hattiesburg, Mississippi.

Likely presidential candidate Jeb Bush said he too would have invaded Iraq, as President George W. Bush did in 2003.

The January killing of an unarmed woman demonstrating in Cairo revived public criticism of violent police crackdowns on Egyptian civilians.

The Carter Center confirmed the former president's decision to return to the U.S. from Guyana because of health concerns.

Adding to an already combustible mix is a report the American NSA sought the German BND intelligence service's help in spying on the industrial giant Siemens.

Michigan state Sen. Virgil Smith reportedly fired a shotgun during a domestic situation at his Detroit home.

The state's governor expressed condolences over the two police officers killed in Hattiesburg Saturday night.

Canadian police are investigating a string of suspicious packages bearing Hong Kong postmarks that have arrived at courthouses across the country.

Amid lawsuits, Bank of America and JPMorgan Chase will repair the credit reports of borrowers who went through bankruptcy.

After financial firms like Goldman Sachs left the aluminum storage business, surcharges paid by millions of average consumers have fallen steeply.

The reforms most crucial to preventing a repeat of the 2010 "flash crash" market meltdown are still years away. Experts says it's nearly an insurmountable challenge.

An audit of the state's retirement system found high fees and dismal returns from Wall Street.

In a challenge to a white-male-dominated financial sector, New York City pensions will push for women and minorities among money managers.

Two futures traders were banned for the same kind of alleged market manipulation that regulators say helped cause the "flash crash."

Under the proposal, companies will present a comparison between the company's performance and executive compensation.

Regulators have reportedly investigated the bank over maneuvers that took advantage of rules meant to protect depositors from bank failures.

It took five years for financial regulators to bring charges against Navinder Sarao. Here's why detecting modern market manipulation is so hard.

Wisconsin's Tammy Baldwin asks the SEC if stock buybacks have hampered innovation and hurt the working class.

Navinder Sarao, who regulators say helped spark a market meltdown in 2010, cast himself as "an old school point and click prop trader."