S&P 500 Erases 2015 Loss, Bonds Rally on ECB Stimulus; Oil Drops
The S&P capped its fourth straight gain amid the ECB's stimulus news and strong bank and transportation earnings.
SEC Enforcement: Court Stops Muni Bond Offer Seen as Fraudulent
In other actions, former brokers were charged with illegally trading on a tip about a $1.2 billion acquisition by IBM.
Banks Report $31 Billion in Overdraft Fees in 2011 as CFPB Ponders New Rules
The amount has caught the attention of the Consumer Financial Protection Bureau, which is reviewing bank overdraft practices.
Regions' Latest Move Could Propel Sale of Morgan Keegan, Say Experts
Regions Financial Corp. is offering potential suitors for its Morgan Keegan broker-dealer up to $200 million in financing, according to a report released Sunday.
Morgan Keegan Agrees to Pay $210M Fine; Could Be Sold by Parent Firm
After a big fine relating to mortgage-backed securities, Regions Financial brings on Goldman Sachs to explore "strategic alternatives" for the broker-dealer.