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By Cheyenne Hopkins |
April 24, 2013
More legislation is needed to rein in biggest U.S. banks because the Dodd-Frank Act has failed to guard taxpayers, the bill’s sponsors said.
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By Dave Michaels |
March 16, 2013
Senate probe provided 900 pages of evidence that could help the SEC make the case that JPMorgan executives broke the law.
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By Cheyenne Hopkins |
March 14, 2013
JPMorgan Chase & Co. engaged in high-risk proprietary trading under the guise of ordinary hedging, said Senate investigators.
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By Dawn Kopecki, Robert Schmidt and Cheyenne Hopkins, Bloomberg |
September 6, 2012
JPMorgan Chase & Co.’s wrong-way bets on derivatives are the focus of an escalating probe by a U.S. Senate panel led by Carl Levin that has grilled executives from banks including Goldman Sachs Group Inc. and HSBC Holdings Plc.
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By Keith Campbell and Howard Mustoe |
August 23, 2012
HSBC Holdings Plc’s credit rating outlook was cut by Standard & Poor’s, which questioned whether the lender is too big to be managed effectively.
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By Daniel P. Collins |
August 16, 2012
The mere volume of high level financial fraud, in various forms, coming out at us so fast is hard to keep up with.
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By Phil Mattingly, Bloomberg |
August 10, 2012
The U.S. Justice Department won’t pursue criminal charges against Goldman Sachs Group Inc. or its employees for allegedly concealing that the bank bet against mortgage-related securities that it sold to investors.
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By Jesse Hamilton and David Voreacos, Bloomberg |
July 17, 2012
HSBC Holdings Plc did business with firms linked to terrorism, failed to guard against money- laundering violations in Mexico and bypassed U.S. sanctions against Iran, according to U.S. Senate investigators.
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By Phil Mattingly and Bradley Keoun, Bloomberg |
May 11, 2012
U.S. lawmakers and interest groups favoring tighter restrictions on proprietary trading said JPMorgan Chase & Co.’s $2 billion loss on synthetic credit securities bolsters their case.
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By Christine Harper, Bloomberg |
March 15, 2012
Goldman Sachs Group Inc. saw $2.15 billion of its market value wiped out after an employee assailed Chief Executive Officer Lloyd C. Blankfein’s management and the firm’s treatment of clients, sparking debate across Wall Street.
