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Nightmare On Wall Street

Freddy Krueger

It's one of Wall Street's biggest nightmares - speculation that a huge insider trading scandal is about to hit hedge funds, brokers, investment banks, and US mutual funds.

Wells Fargo Makes Out Like A Bandit

Citi and Wells Fargo have agreed to settle their spat over Wachovia, coming to a settlement which requires Wells to pay $100m to Citi to resolve 'all claims related to this dispute'.

JPMorgan Gaffer Gaffe

The Wall Street Journal's Deal Journal reports that CNBC made a faux pas last week when interviewing JPMorgan investment banking head Jes Staley.