Finance

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Jamie Dimon Defends Lobbying, Fends Off Critics At Shareholders Meeting

At the annual JPMorgan Chase shareholders meeting on Tuesday morning in Tampa, Fla., CEO Jamie Dimon offered what amounted to a spirited defense of the...

Derivatives Cassandra On JPMorgan: Told You So

To Brooksley Born, JPMorgan Chase's trading blowup looks a lot like the Long-Term Capital Management debacle of 14 years ago. It's "happening all over again,"...

On Wall Street, Nothing Has Changed

If you thought Wall Street had learned its lesson four years after the global financial crisis, JPMorgan Chase's $2 billion trading debacle suggests you should...

Have They Learned Anything?

NEW YORK -- As May Day protests hit major cities across the United States this week, breathing new life into an Occupy Wall Street movement...

Have They Learned Anything?

NEW YORK -- As May Day protests hit major cities across the United States this week, breathing new life into an Occupy Wall Street movement...

Race Discrimination Suit Against AIG Says Boss Called Lawyer ‘Fat Albert’

A former AIG lawyer is suing the insurance giant for discrimination, claiming colleagues and supervisors taunted him, mistreated him and ultimately fired him because he...

Fired Morgan Stanley Executive Accused In China Bribery Scheme

A former Morgan Stanley executive was charged with bribery Wednesday in a Securities and Exchange Commission civil complaint that says he steered nearly $2 million...

Twins Accused Of Massive Stock-Picking Robot Scheme Started As Teenagers

Call it a family business. On Friday, the Securities and Exchange Commission filed suit against British twins for operating an alleged pump-and-dump scheme. Since the...

Huge Airline Merger In The Works

US Airways says it has taken a first step to a potential merger with rival American Airlines. The company has reached an agreement with the...

Is Speed Trader Mark Gorton Killing Wall Street?

Mark Gorton is sitting in the Zen garden on the roof of his office in downtown Manhattan, squinting into the sunlight and telling me he's...

SEC Fails To Regulate High-Frequency Trading

The Securities and Exchange Commission does not currently have the ability to fully monitor what, by most accounts, makes up a majority of the stock...

Goldman Ends Muppet Hunt

The Great Muppet Hunt has concluded at Goldman Sachs. Fox Business correspondent Charlie Gasparino, citing "people close to Goldman," reports that, after an extensive internal...