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Oil Barrels

Top paid banker starts new firm

Hugh 'Skip' McGee, the energy banker who rose to become Barclays' top-paid executive before he stunned Wall Street by resigning last year, is returning to his roots.

Bank Of America Building

Bank of America executive gets 2 years, 2 months

A former Bank of America executive was sentenced to two years and two months in prison on Monday after pleading guilty to participating in a scheme to defraud cities and towns by rigging bids to invest municipal bond proceeds.