Deutsche Bank Hit With Record $2.5 Billion Penalties Over Libor Interest Rate Manipulation
The German bank pleaded guilty to wire fraud in a record settlement over charges of manipulating the global interest rate benchmark.
Why Did It Take So Long To Catch The ‘Flash Crash’ Futures Trader?
Wall Street lost $1 trillion in just minutes one day in 2010. Why did it take five years to nab the trader believed to be responsible?
Suspected 'Flash Crash' Trader Arrested In UK On Charges Of High-Frequency Securities Manipulations
The U.K. trader's manipulation of S&P futures contracts sent markets into a record plunge.
Goldman Sachs Invests $20.5 Million In High-Frequency Trading Technology Firm Perseus
The bank's investment in Perseus demonstrates the growing importance of high-speed trading.
Investors Warn Of 'Irrational Exuberance' In Chinese Stock Markets
BlackRock's Laurence Fink is among the asset managers pointing to possible trouble in China's financial sector.
A Month Before An African-American Woman's Mayoral Victory In Missouri Sparked A Police Exodus, A White Officer Tasered A Black Teen
A month before Tyrus Byrd was elected mayor of Parma, Missouri, and 80 percent of the police force in the tiny town resigned, an officer used a Taser on a black teenager.
Italian Prosecutor Arrests Two For Human Trafficking In Mediterranean Migrant Ship Catastrophe
Eight hundred migrants are confirmed to have perished when a ship capsized off the coast of Italy earlier this week.
Uber Must Respond To Lawsuit Alleging Discrimination Against Blind Riders: Federal Judge
The ride-hailing service must respond to complaints its drivers refused blind passengers with service dogs.
Koch Brothers Partial To Scott Walker For 2016 Presidential Race: NYT
The conservative donors are reportedly expected to spend nearly $900 million on the 2016 presidential race.
Off-Duty Officer Who Fatally Shot Rekia Boyd Found Not Guilty
Dante Servin, an off-duty Chicago police detective, shot Boyd, an unarmed 22-year-old woman.
At General Electric Company, Workers Struggle To Find Footing As Shareholders Reap Windfalls
GE's plan to shower investors with $50 billion comes as it cuts jobs, liquidates factories and slashes retiree benefits.
Virtu IPO Puts High-Frequency Trading Back In Public Spotlight
The Chicago firm is seeking $314 million in a public offering that suggests the furor over high-frequency trading has abated.
BlackRock CEO Laurence Fink To Corporate Execs: Stop Dancing To Wall Street's Tune
When corporate executives bow to Wall Street demands, investment guru Laurence Fink writes, long-term economic health suffers.
Following Walter Scott Shooting, Former NYPD Chief Ray Kelly Changes Mind On Police-Worn Body Cameras
The former NYPD chief said the shooting of Walter Scott changed his mind about police-worn body cameras.
Violence in Egypt's Sinai Leaves At Least 14 Dead
The deadliest attack was in el-Arish in the northern Sinai.
Egyptian Authorities Arrest Hussein Abdel Halim, Journalist Who Exposed Police Corruption
Hussein Abdel Halim exposed alleged abuses of power in the ranks of the Egyptian police. Now he's been arrested.
Sunday News Roundup: Rand Paul Vows To Treat Hillary Like He "Would Treat A Man"; John Kerry Discusses Cuba, Bob Menendez Defends Self
Clinton's presumptive bid for president drew critical comments from Republicans and noncommittal answers from prominent Dems.
Eric Harris Shooting: Tulsa Sheriff’s Office Releases Video Of Arrest
The video sheds new light on how a white reserve deputy, 73, “inadvertently” shot and killed an unarmed African-American man, 44.
General Electric To Sell $26.5B In Real Estate, Boost Shareholder Rewards
Wells Fargo and private-equity giant Blackstone Group agreed to buy $23 billion in General Electric's real estate holdings.
Wall Street Needs Better Safeguards Against Hackers, Says Regulator
New York state's top financial regulator has highlighted the dangers of lax bank oversight over third-party vendors.
Wall Street Fees Bleed $2.5B From New York Public Pensions
An analysis conducted by Comptroller Scott Stringer found that high-cost money managers were a drag on public employee retirement funds.
Pension Fund Investigator Launches Kickstarter Campaign To Probe Rhode Island Pension System
Former SEC lawyer Edward Siedle has combed through $1 trillion in pension fund investments. Now he's offering his services on Kickstarter.
SEC Inspections Chief Andrew Bowden Plans Return To Private Sector
Exiting director of the SEC's examinations office was at turns critical and laudatory of private equity.
Tax Season 2015: IRS Cutbacks Cripple Taxpayer Services For Poor, Elderly
As budget cuts strain IRS programs, poor and elderly filers lose. Tax cheats win.
High-Frequency Trading Firm Virtu Financial Is Going Public
Virtu Financial hopes to raise $361 million in a public offering that would value the company at $2.6 billion.
Chrysler Found Responsible In Death Of Young Boy In Jeep Collision, Ordered To Pay $150 Million
The Jeep manufacturer was found responsible in court for the 2012 death of a 4-year-old boy.
California Drought Means Higher US Food Prices On Almonds, Avocados and More
As California enters the fourth year of its historic drought, prices for a range of fruits, vegetables and nuts are likely to rise.
HSBC 'Too Slow' To Reform After Money Laundering Allegations, Says Justice Dept. Monitor
HSBC has made only halting progress in its ongoing efforts to fall in line on compliance issues, according to a Department of Justice court document filed Wednesday.
SEC Settles With Houston Firm KBR Inc Over Policies That Silenced Potential Whistleblowers
Houston tech firm KBR Inc will settle charges brought by the SEC that its policies discouraged whistleblowers from coming forward.
Transgender Professor's Discrimination Suit Reveals Uneven LGBT Workplace Rights
The Justice Department filed suit against an Oklahoma college for firing a transgender professor. But full protection is lacking.