8 hrs ago
Decisions Spur Confusion as to Non-Competes
Jonathan Cooper writes: For several decades, New York's courts have read the seminal state Court of Appeals decision in 'Post v.
15 hrs ago
The Capitol Fax Blog
Making the big banks pay
Attorney General Lisa Madigan today announced a record $300 million settlement with Bank of America over of the bank's misconduct regarding risky mortgage-backed securities.
Tue Aug 26, 2014
Court orders turnover of Marcos' USD42M loot to govt
The Sandiganbayan has ordered the turnover to the government of 42 million US dollars in the so-called "Arelma" account of the late dictator Ferdinand Marcos.
CFTC fines Merrill Lynch $1.2 million for supervision failures
The U.S. futures regulator said on Tuesday it had fined a unit of Bank of America Corp $1.2 million for failures to supervise the processing of fees charged to its customers over a period of three years.
Arcos Dorados Sinks On Downgrade
Bank of America Merrill Lynch is the latest Wall Street firm to downgrade McDonald's Latin America operator Arcos Dorados.
Mon Aug 25, 2014
Bank of America's opaque penance
A gaggle of state and federal officials just announced a $16.7 billion settlement with Bank of America.
Sat Aug 23, 2014
N.J. won't get share of $16.65B Bank of America settlement
Attorney General Eric Holder, center, joined by U.S. Attorney for New Jersey Paul Fishman, far left, and other officials involved in the case Thursday as Holder announced a $16.65 billion settlement with Bank of America for its role in the financial meltdown.
Fri Aug 22, 2014
Bank settlements likely won't deter Wall Street wrongdoing
The $34 billion in settlements that the U.S. Justice Department won in recent months from Bank of America , JPMorgan Chase and Citigroup for selling bogus mortgage-backed securities certainly grabbed plenty of headlines.
Bank of America Settles Claims with Government for $17 Billion
The largest settlement to emerge from the financial crisis of 2008 has been approved, according to the Huffington Post.
Press release distribution, EDGAR filing, XBRL, regulatory filings
SHAREHOLDER ALERT: The Law Firm of Levi & Korsinsky, LLP Launches an Investigation into FedEx Corporation Regarding Possible Breaches of Fiduciary Duty )--Levi & Korsinsky, LLP is investigating FedEx Corporation in connection with possible claims of breaches of fiduciary duty by certain members of the board of d... )--COREwafer Industries, Inc. a ... (more)
The Washington Post
Love of Junk Resumes With Biggest Deposit of ?14: Credit Markets
U.S. high-yield bond funds recorded the biggest weekly inflow of 2014 as investors returned to the riskiest corporate debt following an unprecedented withdrawal at the start of August.
Thu Aug 21, 2014
Bank of America settles mortgage probes for $16.65 billion
Bank of America Corp has reached a $16.65 billion settlement with U.S. regulators to settle charges that it misled investors into buying troubled mortgage-backed securities.
Bank of America $17bn Record Penalty Confirmed
The $16.65bn deal, which followed numerous federal and state inquiries, relates to the bank's role in the sale of mortgage-backed securities in the run-up to the financial crisis of 2008.
Wed Aug 20, 2014
The Washington Post
Tax-Free Rally Extended With August Supply Doldrums: Muni Credit
State and local debt has earned 0.8 percent this month through Aug. 18, on pace for the strongest August since 2011, Bank of America Merrill Lynch data show.
Tue Aug 19, 2014
Another QE Casualty: Citibank To Quit Japan's Retail Market
I worked in Japan for more than 12 years in the eighties and nineties, in Osaka, Nagoya and Tokyo with the U. S. State Department, Citibank and Merrill Lynch.
Mon Aug 18, 2014
Crain's New York Business
Bankers may be ready to believe in themselves again
Wall Street is starting to build itself back up for the first time in years, as the robust stock market and economic recovery lure bankers from their bunkers.
Thu Aug 14, 2014
U.S. 30-Year Bonds Outperform Stocks in 2014 Before Sale Today
Treasury 30-year bonds have returned more than double that of U.S. stocks this year before the government's monthly sale of its longest maturity today.
Wed Aug 13, 2014
Wealth Manager Eric Grodan Joins Abbot Downing in Los Angeles
Abbot Downing , with $37.9 billion in client assets and a 40-year history serving ultra-high-net-worth clients, is part of Wells Fargo's Wealth, Brokerage and Retirement group, a leading U.S. wealth manager, with $1.5 trillion in client assets.
Tue Aug 12, 2014
Analysis - Brokerages face exodus as advisers get better deal in indie firms
The four biggest U.S. brokerage firms are facing an exodus of employees who are finding they can make more money and save on taxes by taking their clients and starting an independent firm before they retire.
How to break into the white male 'PE' club
When she was growing up in Alabama, Martina Edwards' family saw Wall Street as more of an idea than a place.