Paul Miller, a bank analyst at FBR Capital Markets and a former examiner for the Federal Reserve Bank of Philadelphia, discusses the prospects for Bank of America Corp.
Seth Berenzweig, managing partner at Berenzweig Leonard LLP, discusses the convictions of former Galleon Group LLC hedge fund trader Zvi Goffer, Goffer’s brother Emanuel and Michael Kimelman and the implication for the prosecution of insider-trading cases.
It's all go over at Deutsche Bank in New York. Some of the firm's analysts are said to have recently gone in for some good old-fashioned 'civil disobedience' over the actions of a 'fussy' boss, who is said to have got all steamed up when one of their number arrived at work dressed in a golf shirt (presumably not JUST a golf shirt).
Here's our list of the most overpaid jobs in the world.
As the Warren Buffett annual charity lunch auction revealed again this year.
Sen. Chuck Grassley of Iowa received a response from the Securities and Exchange Commission to his inquiry on how the agency handled referrals from the Financial Industry Regulatory Authority (FINRA) regarding suspicious trades by the firm SAC Capital.
It's Morgan Stanley's turn back in the spotlight now, after respected Sanford C. Bernstein bank analyst Brad Hintz has suggested that the firm could be worth 40% more than its current market cap if it simply shut down all its trading businesses. But Hintz is far from negative about Morgan Stanley's future prospects, and considers the stock a buy for long-term investors at current levels.
The efforts of lawyers acting for Goldman Sachs CDO salesperson Fabrice 'Fabulous Fab' Tourre to kick out civil fraud charges against him filed by US regulator the US Securities and Exchange Commission (SEC) has failed.
Former Credit Suisse broker Julian Tzolov, who pleaded guilty in 2009 to three counts of securities fraud and other offences in relation to the sale of auction rate securities, has now been sentenced to a total of four years in prison - two years for time-served, plus an additional two years.
Goldman Sachs has been through almost 2 years of negative press, been villified by lawmakers and pushed, probed and penalized by regulators. But there have been signs this week that things have finally turned the corner.
This was the most social Super Bowl ever. That's despite the fact that just half of ads featured hastags-down from about 57 percent last year.
Belgium has come under investigation by the European commission over tax breaks for multinational companies as Brussels widens its crackdown on corporate tax avoidance.
Amazon is reportedly in discussions to buy up hundreds of physical retail stores across the US to showcase its products, including the Kindle tablet and unsuccessful Fire smartphone, and act as delivery points for online orders.