New Hire Roundup: MarketCounsel Hires 2 to Expand Business Growth
Meanwhile, the Financial Services Roundtable welcomed Chris Feeney as president of FSR’s technology division BITS.
Global Investing: Where Hot Prospects Are Today & Tomorrow
A variety of growth prospects in the developed and developing world bode well for investors.
Six Banks to Pay $5.8 Billion, 5 Plead Guilty to Market Rigging
The charges and settlement are tied to the banks' manipulation of foreign-exchange trading, according to the Justice Department.
UBS to Plead Guilty on Libor, Settle Currency Probe With Fed
UBS Group AG will pay $545 million to settle U.S. investigations into its role in manipulating currency and interest rates, removing two of the bank’s biggest legal hurdles.
U.S. Set to Rip Up UBS Libor Accord, Seek Conviction
The Swiss-based bank faces both interest-rate rigging and currency-market manipulation probes.
Nobody’s Worried About ‘Too Big to Jail’ Anymore
A criminal guilty plea no longer comes with the expectation that it will destroy a bank.
Citigroup Says U.S. Declines to Prosecute on Libor Rigging
The Justice Department advised the bank that it made the decision “based on the facts and circumstances."
Citigroup Beats Estimates as Cost Cuts Cushion Trading Slump
The bank still faces several investigations, which may negatively impact upcoming financial results.
JPMorgan Profit Rises 12% on Gains From Stock, Bond Trading
The bank boosts earnings on asset management 11% to $502 million, as total assets for the unit hit $1.8 trillion.
Morgan Stanley Boosted Gorman’s Pay 25% for 2014
James Gorman received $22.5 million for his performance last year, but a few other CEOs earned even more.