DeVos Sued Over Plans to End Protections for Student Borrowers
A coalition of states is suing Education Secretary Betsy DeVos for her plans to end rules that protect student loan borrowers.
CFPB, Cordray Win Second Chance to Avoid a Trump Firing
A U.S. appeals court agreed to reconsider an earlier decision that stripped Cordray of job protection, which left him at the mercy of Trump.
Greenberg’s firm confronts U.S. again over 2008 AIG rescue
Arguments come during a break in a trial in which Hank Greenberg is accused by New York state of orchestrating two 2005 transactions to deceive shareholders.
401(k) Lawsuit Accuses Morgan Stanley and Board of Self-Dealing
A former employee says Morgan Stanley knows exactly who should buy its worst performing funds: the bank’s own workers.
Morgan Stanley, board accused in suit of 401(k) self-dealing
A lawsuit against Morgan Stanley in Manhattan highlights a friction that exists at financial-services firms that put employees into their own products.
Anthem, Aetna vie for quick trials in antitrust challenges
Anthem says it can't extend its merger agreement with Cigna past April 30.
U.S. opposes Anthem push for a quick trial in Cigna merger case
DOJ lawyers say a health insurer merger is more complicated than a coal company deal.
Anthem tells judge Cigna deal will help health insurance market
The company says the deal will increase consumers' access to the ACA exchanges.
MetLife judge found fault with FSOC ‘too big to fail’ review
The much-discussed March 30 legal opinion of U.S. District Judge Rosemary M. Collyer has now been unsealed.
Judge overturns MetLife's SIFI label
The ruling undercuts the Obama administration’s plan to more heavily regulate four non-bank businesses it determined had the potential to destabilize the American financial system.