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Case Against SAC's Steinberg Could Be Strong

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Prosecutors have a tough case ahead of them in going after Michael Steinberg, the 16-year veteran of SAC Capital, as he never made direct contact with the insiders who allegedly leaked information.

Banks Win Big LIBOR Victory


Banks including Bank of America Corp., Barclays and JPMorgan Chase won dismissal of antitrust claims in lawsuits alleging they rigged the London interbank offered rate.

The Next Lehman ?

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Less than five years on from the bankruptcy of Lehman Brothers the world is maybe facing another crash of epic proportions.




Ex-JPMorgan advisor expected to plead guilty

A former investment adviser at JPMorgan Chase is expected to plead guilty in September, after federal prosecutors in New York charged him with taking at least $22m out of client accounts to use for his own purposes.