Wall Street’s Projected Tab on Muni Price-Fixing Suits Expected to Plunge
Wall Street banks’ potential bill to settle bond price-fixing lawsuits has been slashed, falling to around $900M from about $2.5B a month ago.
Recent
Kellogg's 'Woke' Workplace Diversity Programs are Illegal, Group Claims
Conservative legal group urged U.S. anti-discrimination agency to investigate Kellogg Co over workplace diversity policies that it says are unlawful.
Mohamed El-Erian on Fitch’s US debt downgrade: 'Why now?'
Fitch Ratings’ downgrade of US government debt has economists and investors puzzling over timing.
Summers, El-Erian Pile Criticism on Fitch Downgrade Decision
Prominent economists Larry Summers and Mohamed El-Erian joined a cohort of their peers in criticizing Fitch Ratings’ decision to downgrade the US.
China Watchdog Asks Brokers for Advice on Boosting Stocks
China’s markets regulator has consulted securities firms for possible measures to boost stocks amid signs Beijing seeking restore investor confidence.
Bill Hwang Seeks Evidence From Banks ‘Pivotal’ in Archegos Collapse
Archegos Capital Management’s Bill Hwang asked judge in his criminal fraud case to let him demand evidence from Credit Suisse Group AG, Goldman Sachs.
California Man Hid Mother’s Death for More Than 30 Years to Collect Benefits
Donald Felix Zampach collected over $830,000 in his mother’s social security and military retirement payments.
