Page 507 


JPMorgan receives subpoenas

SEC Building

JPMorgan received subpoenas and inquiries from the U.S. Securities and Exchange Commission and other regulators about how it sells its own mutual funds and other proprietary products.

SocGen CEO: Russia is now normalizing

Vladimir Putin Clasps Hands

French bank Societe Generale reported a fivefold increase in its first-quarter net income thanks to investment banking gains and a smaller hit from its struggling Russian unit.



SEC Building

SEC faces Goldman questions

The Securities and Exchange Commission is supposed to be Wall Street’s top cop, charged with protecting investors while it ensures that brokers and bankers adhere to the rules.