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JPMorgan said in talks over Madoff warnings

Bernie Madoff

J.P. Morgan's alleged failure to file a key federal document more than five years ago is emerging as a critical component of a Justice Department investigation into whether the bank provided adequate warnings about the fraud of Bernard Madoff, people close to the probe said.

'Tougher' Volcker Rule takes aim at CEOs

Paul Volcker Interview Pic

A "tougher" Volcker Rule -which limits how banks can trade their own money-being touted around Washington looks to take aim at executives, should the firms have lapses in oversight, according to people familiar with the matter.