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JPMorgan bankers charged over swaps


Two JPMorgan Chase employees were charged in Germany over the sale of swaps to the city of Pforzheim that resulted in 57 million euros ($64 million) of losses, prosecutors said.

Hedge fund star gives warning for road ahead

The Citadel Center

Kenneth Griffin, whose Citadel hedge funds manage $24 billion in assets, said in a letter to investors Monday that he is approaching 2015 with "vigilance" in light of tumultuous market circumstances.



Hard at work

BofA settles trainee overtime lawsuit

Bank of America and its Merrill Lynch unit will pay $14m to settle lawsuits claiming that they forced financial adviser trainees to work 60 hours and more per week, including on weekends, without paying them overtime.