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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 Tiffany Kary and Greg Farrell, Bloomberg |
August 24, 2012
HSBC Holdings Plc, which is under investigation by U.S. regulators for laundering funds of sanctioned nations including Iran and Sudan, is in talks to settle the matter, two people with knowledge of the case said.
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By Dawn Kopecki, Bloomberg |
August 21, 2012
Wall Street, the global financial community reeling from public outrage, is proving incapable of finding a champion to replace Jamie Dimon.
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By Alan Bjerga, Bloomberg |
August 10, 2012
The grass in Melvin Korte’s 280 acres of pasture in northern Missouri is dead, burnt away in the worst drought in the Corn Belt in more than a half-century. Now he’s doing all he can to keep his herd of 63 cattle alive.
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By Michael McFarlin & Daniel P. Collins |
August 2, 2012
Yesterday’s hearings of the U.S. Senate’s Agriculture, Nutrition and Forestry Committee probing the MF Global and PFGBest scandals had less fireworks than past hearings but perhaps a more serious tone.
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By Silla Brush, Bloomberg |
July 31, 2012
The review, a copy of which was obtained through a public records request, was conducted while Gensler and the CFTC were under criticism from lawmakers for their oversight of MF Global
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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, Bloomberg |
July 3, 2012
In the U.K., a record fine for Barclays Plc has triggered outrage from lawmakers and forced resignations from the bank’s top executives. In the U.S., Wall Street’s defenders in Congress are sticking by the industry
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By Silla Brush, Bloomberg |
June 12, 2012
Senate Democrats are seeking to increase the budgets of regulators in spending plans that clash with House Republicans’ efforts to rein in the Dodd-Frank Act.
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By Phil Flynn |
May 22, 2012
The oil market wanted to believe that the worst was over for the global economy, bouncing back from a six-month low but a downgrade of Japan means the market will have to struggle
