Bear Stearns News

Two former Bear Stearns fund managers agreed to pay more than $1 million combined to resolve a U.S. Securities and Exchange Commission lawsuit over allegations they lied about the health of two mortgage-laden hedge funds they managed, lawyers said on Monday.

Citigroup Inc., JPMorgan Chase & Co. and 15 other underwriters reimbursed California $2.3 million last year after a regulatory probe found they used taxpayer funds to pay fees to their lobbyists.

An industry committee formed by the New York Federal Reserve to devise ways to reduce systemic risks in the $1.67 trillion repurchase agreement market is set to announce another delay in revamping the market, a disappointment for regulators.

The U.S. Securities and Exchange Commission is considering a proposed settlement with two Bear Stearns Cos.

New York -- A drop in the unemployment rate to its lowest level in three years propelled the Dow Jones industrial average Friday to its highest close since May 2008, before the financial meltdown later that year.

Alison Nathan , Bear Stearns , Credit Suisse , David Higgs , Goldman Sachs , Ira Sorkin , Irene Cornell , John L. Brownlee , JPMorgan Chase , Mortgage , Salmaan Siddiqui , securities and exchange commission NEW YORK - A Two former Credit Suisse traders pleaded guilty to conspiracy and signed cooperationA agreements Wednesday in a long-running probe ... (more)

Kappa Beta Phi, an exclusive Wall Street fraternity whose members include big-name bankers, hedge fund billionaires and private equity titans, met at the St.

The St. Regis Hotel in Manhattan was the site of a black-tie dinner for Kappa Beta Phi, whose members were told "what happens at the St.

Reducing mortgage balances is a risky idea that hasn't been shown to keep borrowers who owe more than their property's worth in their homes, according to Credit Suisse Group AG.