SAC Capital Advisors fund manager Michael Steinberg told the analyst who gave him inside tips on Dell that the fund’s founder, Steven A. Cohen, wasn’t aware they were obtained illegally.
Bernard Madoff’s finance chief, who pleaded guilty to aiding his $17bn fraud, said he could tell right away that fake trades were being used in customer accounts in 1975 when he joined the firm after high school.
Wells Fargo said on Monday that a U.S. government request to add one of its executives as a defendant in a fraud case may be in retaliation for the bank's decision to cut off settlement talks.
McGraw Hill Financial Inc’s Standard & Poor’s unit said the U.S. government has broadened the securities covered in its fraud lawsuit against the ratings company so that the case would be unmanageable at trial.
Surely not ?
If you find yourself in the enviable position of having two job offers, what factors should you consider before deciding which one is best for you ?
Klaus Oestergaard, a former partner and money manager at Brevan Howard Asset Management LLP, rejoined Europe’s biggest privately held hedge-fund firm after leaving more than a year ago.
Twitter's shares slipped on Monday after some of the five lead underwriters of its initial public offering said the social media firm may not achieve Facebook-like scale and its stock may not rise much higher.
Bank of America announced on Monday that it had reached a settlement with Freddie Mac to resolve issues related to residential mortgages the bank sold to Freddie up to 2009, effectively ending all contractual disputes between the two on loans issued before the financial crisis.
A technological banking glitch on one of the busiest online shopping days of the year left millions of shoppers unable to pay for transactions using their credit or debit cards.
Movie buffs will soon get to know the name Michael Burry from his portrayal by Christian Bale in "The Big Short," based on the best-selling book by Michael Lewis.
A billionaire tycoon known as China’s Warren Buffett has gone missing, prompting speculation he has been ensnared by president Xi Jinping’s anti-corruption campaign and causing shares in the Hong Kong-listed subsidiary of his company to be suspended.
JPMorgan Chase is close to settling cases that threatened to bar the bank from raising money for hedge funds and technology startups, ending U.S. regulators’ investigations into whether the bank improperly sold some clients in-house investments that carried high fees, according to a person familiar with the negotiations.