Pimco's Gross: U.S. Treasuries look more appealing; Total Return now at 30% U.S. gov't debt
Allen Stanford investors claim regulators should have glommed on to the Ponzi scheme much earlier.
Named as defendants in the lawsuit filed Wednesday by UBS Financial Services Inc. are David Kinnear and Kathleen Bakas.
Montana farmers are suing John Corzine for fraud, saying he oversaw the misappropriation of their commodity trading account funds.
Bernard Madoff Ponzi scheme trustee Irving Picard has filed a revised lawsuit now claiming a minimum of $19 billion in damages from JPMorgan Chase & Co.
A U.S. report showed home sales rose for a third month in December, adding to signs including falling claims for jobless benefits that the world's largest economy is gaining momentum.
Deutsche Bank could sell its asset-management units, including DWS mutual funds, RREEF, DB Advisors and its insurance asset management arm.
Bruce Berkowitz, whose $8 billion Fairholme Fund is suffering its second-worst year on record because of bad bets on financial firms, may have lost about $180 million today on Sears Holdings Corp.
Bruce Berkowitz, suffering from redemptions after loading the Fairholme Fund with financial stocks, sold his stakes in Goldman Sachs Group Inc. and Morgan Stanley while keeping Citigroup Inc. and Bank of America Corp.
