Harbinger Capital's Phil Falcone is being scrutinized by the SEC for allegedly borrowing client funds to pay taxes and giving preferential treatment to Goldman Sachs
Stifel Financial Corp. is in exclusive talks to buy Regions Financial Corp.'s Morgan Keegan brokerage after prevailing over private-equity bidders, said people with knowledge of the matter.
Union paid $4.8M to members of union chief's family for financial planning, legal services
The New York Stock Exchange's plan to lure more stock orders from individuals was approved by the U.S. Securities and Exchange Commission, dealing a setback to Wall Street firms that increasingly keep the business for themselves
A CBO report has found that the before-tax income of top earners fell by 36.3% between 2007 to 2009 while their tax rate rose
Genworth Financial Inc. cut Chairman and Chief Executive Officer Michael Fraizer's annual bonus to a third of his target as the life insurer and mortgage guarantor failed to meet its goals.
What economic crisis? A Swedish retail mogul's holdings surged almost 10% last week and Larry Ellison is buying a Hawaiian island
Quotes of 22 cents on the dollar to 25 cents were given to half a dozen Peregrine customers who called CRT Capital Group LLC, which buys and sells distressed debt.
Peregrine Financial Group Inc. Chief Executive Officer Russell Wasendorf Sr. said in a signed statement linked to his suicide attempt that he committed fraud for two decades at his Cedar Falls, Iowa-based company, according to a federal complaint.
