After a strong start to the year, Wall Street firms are likely to see their profitability slow in the remainder of 2013, a report shows.
Alan Greenspan strikes back at the notion that he or anyone could have known how or when to defuse the threats that triggered the 2008 crisis.
JPMorgan Chase & Co. has tentatively agreed to pay $13 billion to settle allegations regarding the quality of mortgage-backed securities it sold prior to the financial...
A division of Europe's HSBC has been ordered to pay about $2.46 billion in a class action lawsuit claiming it violated U.S. securities laws.
Morgan Stanley reports a 50 percent rise in quarterly revenue as higher income from equities sales and trading made up for a drop in its fixed-income business.
Billionaire Warren Buffett says it would be idiocy for the nation's leaders to allow the United States to default on its bills.
You shouldn't change your investment strategy based on fears about government inaction.
New York state's attorney general says he's suing Wells Fargo to force compliance with terms of last year's national mortgage case settlement.
An insider at JPMorgan Chase has supplied a large amount of information related to the sale of mortgage securities to federal authorities.
JPMorgan CEO Jamie Dimon meets with Attorney General Eric Holder about an investigation into the bank's handling of mortgage-backed securities in the run-up to the recession.
Muriel "Mickie" Siebert, who became the first woman to own a seat on the New York Stock Exchange, has died of complications of cancer at age 80.
Medical Marijuana is now legal in 20 states, and there are some legitimate ways to invest in it. But there are also some sketchy investment schemes to watch out for.
Financial companies need to create an honest culture among employees to prevent the kind of conspiracy that enabled the "London Whale" trading losses.
Two former JPMorgan Chase & Co. employees have been charged in New York with trying to conceal the size of the investment bank's $6 billion trading loss last year.
The London trader believed responsible for billions of dollars in trading losses expects to be cleared of wrongdoing and has cooperated with regulators.
Federal authorities plan to arrest two former JPMorgan employees on suspicion they tried to conceal the size of the investment bank's $6 billion trading loss last year.
Lawyers for SAC Capital Advisors reach an agreement with federal prosecutors to allow the hedge fund to continue to operate while the criminal case against it proceeds.
UBS has agreed to pay $120 million to settle a lawsuit by investors who accused the Swiss bank of misleading them.
JPMorgan Chase is being investigated by the criminal and civil divisions of the Department of Justice for the sale of mortgage-backed securities, the banker said Wednesday.
Bank of America may be facing civil charges over mortgage backed securities and other mortgage-related matters.
Steven Cohen's hedge fund, SAC Capital Advisors, pleads not guilty to insider trading charges.
UBS will pay $885 million in a settlement with a U.S. regulator over allegations the Swiss bank misrepresented mortgage-backed bonds during the housing bubble.
SAC Capital, the huge Connecticut-based hedge fund owned by embattled billionaire Steven Cohen, faces insider-trading charges.
Federal officials have rejected an $18 million settlement that would have banned billionaire hedge-fund manager Philip Falcone from the securities industry for two years.
Federal prosecutors head to trial against a former Goldman Sachs bond trader in a case it says highlights what went wrong on Wall Street in the financial crisis.
The Securities and Exchange Commission says public companies can make significant announcements on social media sites, if they tell investors which sites they intend to use.
It seems unfair that ordinary people can't invest in hedge funds. And, it is unfair -- to the wealthy folks whose hedge fund investments consistently underperform the market.