Ex-Sterne Agee Exec Admits to N.Y. Pension Fund Bribes
Kelley pleads guilty to fraud in lavishing manager with gifts; New York state pension fund put brokerage on approved list.
Regulators Want Insurers' Disaster Response Plans
The plans must cover steps for handling natural disasters, terrorist attacks and data breaches.
Wall Street Bonuses Not Keeping Up With Profits
New York Comptroller finds that NYSE firms had a 21% bounce in profits, but employees' average bonus rose just 1% last year.
New Digs for Morgan Stanley?
The wirehouse is reportedly looking to move its Times Square headquarters to 50 Hudson Yards, on the west side of Manhattan.
Ex-Rep Says He Stole $1.6M From Clients
The former advisor has pleaded guilty to stealing from a family that owned three trusts that he managed.
How Goldman Sachs Fires Workers
Investment bank must file “WARN notices” in New York; 43 here, 109 there and pretty soon 443 employees are dismissed.
Vullo seeks corporate, consumer balance as N.Y. regulator
She has set health rates and developed a major cybersecurity proposal.
New York state cracks down on pension fraud
New York state officials have indicted an Arizona man on charges he collected New York state pension benefits intended for his dead mother for more than 12 years, and a Florida man who allegedly collected benefits on behalf of his dead brother for more than 7 years.
New York state lawmakers pass long-term care study bill
One goal of S. 6802 is to look at the effect of premium rates on issuer solvency.
Ex-AIG chairman Greenberg ordered to face trial in N.Y. suit
Hank Greenberg faces trial under the Martin Act, which gives prosecutors the power to probe investment frauds, Ponzi schemes and other forms of white-collar crime.