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Lloyd's probe under investigation in New York

Pile Of Coins

A New York regulatory investigation of Lloyd’s for possible violations of Iran sanctions law has led to a government request for files of an internal probe by the insurer, a person familiar with the matter said.

JPMorgan 'bribery' hiring probe spreads

For Hire

A probe of JPMorgan's hiring practices in China has uncovered red flags across Asia, including an internal spreadsheet that linked appointments to specific deals pursued by the bank, people with knowledge of the matter said.

Top-paid CEOs are often fired or fined: Study

Exit Sign

About 40 percent of the highest-paid CEOs in the United States over the past 20 years ended up being fired, paying fraud-related fines or settlements, or accepting government bailout money, according to a study released Wednesday.

Has JPMorgan become a 'piñata bank' ?

Jamie Dimon

After reports that U.S. authorities are seeking over $6 billion in damages from JPMorgan related to a string of allegedly mishandled mortgage securities, energy trading, and overseas hiring practices, the "Squawk on the Street" team dissected the situation for America's largest bank.

Stephen Roach warns of global economic crisis

Red Warning Light

As the Indian rupee slumped to a fresh record low, economist Stephen Roach warned that the global economy is in the early stages of another crisis, as taper talk spurs severe stock market corrections, interest rate hikes and currency deflation around the world.