An imprisoned ex-Swiss banker credited with exposing widespread tax evasion at Swiss bank UBS AG is seeking clemency from President Barack Obama, his attorneys said Wednesday.
A bankruptcy court examiner detailed how Lehman Brothers moved toxic assets off its balance sheet -- then repurchased them. The revelation is putting plenty of heat on the firm's former boss.
Maine securities regulators say Merrill Lynch will pay the state $400,000 to resolve claims that the brokerage allowed some of its associates to sell securities without being properly registered.
The top firms are starting to expand payrolls, albeit gradually. If form follows, non-banks will soon start adding more employees, too
Mutual funds are a cornerstone of retirement planning. Yet they're widely misunderstood.
In its second big purchase in a month, the firm dramatically boosts its profile in Europe.
The commission claims Goldman failed to disclose that a client helped create — and then bet against — securities the firm sold to investors
The Wall Street giant wants a $1.4B tax refund from the bank it rescued. The regulator says TARP recipients aren't entitled to such refunds
Tells Congressional panel that the push to land bank fees -- along with lax government oversight and breakdown in communications -- resulted in abuses
Brokerage and investment manager Charles Schwab Corp. gave its CEO Walter Bettinger a pay package valued at $10 million last year, according to a regulatory filing made Tuesday.
