Morgan Stanley, Goldman to Settle Lawsuit Over Archegos Trades
ViacomCBS investors who sued Morgan Stanley, Goldman Sachs Group and Wells Fargo asked judge for final approval of a $120M settlement with the banks.
Recent
Former Advisor Sentenced After Defrauding Clients of $23M
Former principal of Rubicon Wealth Advisors in Gladwyne, Pa., sentenced to over 8 years in fed prison for orchestrating multi-million-dollar fraud.
Former Merrill Lynch Advisor Settled SEC Charges That He Defrauded Clients
A former Merrill Lynch advisor has settled SEC charges that he defrauded clients out of nearly $3 million through a non-existent private-equity fund.
Big Banks Are Closer To Getting One Of Biggest Regulatory Rollbacks Since 2008
US regulators on Wednesday proposed one of the most dramatic rollbacks of bank capital rules since the 2008 financial crisis.
Wisconsin Advisor Accused in $16 Million Fraud, Allegedly Purchased 300 Snowmobiles
Stanley Pophal, a 63-year-old financial advisor from Wausau, Wisconsin, is facing allegations of orchestrating a $16 million Ponzi scheme.
Recent Strike On Iran Could Cause Ripple Effects Across Global Markets
The recent U.S. strike on Iranian nuclear facilities has introduced heightened geopolitical uncertainty, with potential ripple effects across markets.
Wall Street has a Short Memory for Global Crises
Since Israel's missile strike on Iran, the S&P 500 is essentially flat. This includes a 1.0% rise on Monday in immediate reaction to the US strike.
