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Cohen unaware over source of dirty tips


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.

Deciding between two job offers

Job Ads

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 ?

Bank of America and Freddie Mac reach mortgage agreement

Brian Fonzie Moynihan

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.



Hedge Fund

JPMorgan close to settling start-up case

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.