A panel of federal appeals judges said Thursday that there's a "strong likelihood" a lower court's rejection of a $285 million civil-fraud settlement between the SEC and Citigroup will be overturned.
U.S. securities regulators brought charges Wednesday against an online trading platform and two private funds that were offering Facebook shares, the first major actions from a yearlong probe into lightly regulated trading in private company shares.
The resignation letter printed as an op-ed in The New York Times on Wednesday by Greg Smith, a London-based executive director for Goldman Sachs that oversees equity derivatives, has stirred up a lot of trouble for the firm. Smith claimed that the environment now is as toxic and destructive as I have ever seen it. This upset is far from the first for the firm. Goldman Sachs has been involved in a string of controversies ranging from involvement with Greek debt to insider trading.
Facebook filed for an IPO on Feb. 1 but has since amended its registration document twice. Here are four important things to know about the world's biggest social media company.
A full breakdown of the NCAA Tournament.
Florida State beat North Carolina 85 to 82 on Selection Sunday, and NCAA college basketball fans are asking: What does it mean for your bracket?
Where to watch the SEC Tournament.
Yelp stock was traded on the floor of the New York Stock Exchange (NYSE) for the first time on Friday, March 2. The stock, which is listed under the ticker symbol YELP, opened at $22.01 a share and quickly rose in value to $24.40 a share in just a few hours. The question now is whether YELP stock will continue to rise in the foreseeable future, or if the online company's stock value will soon begin to drop.
A U.S. Justice Department inquiry into the packaging and sale of home loans by the biggest U.S. banks casts a wide net and appears to significantly overlap with other enforcement efforts, according to people who have viewed subpoenas sent to the firms.
An executive of Goldman Sachs Group Inc has been investigated by the U.S. Federal authorities as part of an insider-trading probe.
US prosecutors investigating managing director at Goldman Sachs as part of probe into company's hedge-fund clients.
The U.S. Securities and Exchange Commission is spending millions of dollars on consultants to streamline the agency, but SEC insiders and at least one lawmaker are questioning whether the SEC is getting its money's worth.
General Electric derided the new report by Citizens for Tax Justice as biased and inaccurate.
Goldman Sachs Group Inc., Wells Fargo & Co. and JPMorgan Chase & Co. have been warned by the Securities and Exchange Commission that they might face inquiries tied to mortgage-backed securities offered to investors several years ago.
The Securities and Exchange Commission notified Goldman Sachs Group Inc that it may file a civil case against the bank related to a $1.3 billion offering of subprime mortgage securities, Goldman said in a regulatory filing on Tuesday.
Wells Fargo & Co. and Goldman Sachs Group Inc. said Tuesday that they were facing inquiries from the Securities and Exchange Commission over civil claims connected to sales of mortgage-backed securities.
The Big Four global audit firms, which dominate the Chinese market, are negotiating with Beijing to lessen the impact of forced changes that could mean only accountants with Chinese qualifications can be partners in their audit practices.
Q&A with Cristina Alger, author of “The Darlings.”
The Securities and Exchange Commission (SEC) has filed a lawsuit against the chairman and the former Chief Executive Officer of Puda Coal Inc alleging them of defrauding investors by selling stakes in the firm which they had turned into an empty shell company.
Today is National Margarita Day! Restaurants and bars across the United States will feature the popular cocktail made of tequila, triple sec (often Cointreau) and lemon or lime juice. Many bartenders have claimed to have invented the popular tequila drink; however, the cocktail's true history remains a mystery. Where did the delicious margarita come from?
Online review site Yelp gearing up for its IPO next week, but once the company hits the New York Stock Exchange on March 2, should consumers line up to buy the company's stock?
Prompted by a delay in a big trade of a popular exchange-traded fund, the U.S. Securities and Exchange Commission is taking a closer look at a possible connection between high-frequency traders and hedge funds jumping in and out of ETFs, among other areas, according to a person familiar with the matter.
John Reed, who helped engineer the merger that led to the creation of Citigroup, told the SEC that the agency needs strengthen the rule to avoid the high-risk trading activities that helped cause the collapse of the world's financial system.
The Occupy movement has moved beyond pickets and protests with a group called Occupy the SEC, which has submitted a 325-page letter on the proposed Volcker Rule.
The companies argue that the shareholder votes would meddle into routine company business.
Wynn Resorts Chief Executive Officer Steve Wynn played down a U.S. regulatory inquiry into a company donation at the heart of a bitter legal battle embroiling his $15 billion casino empire, hitting back at his largest shareholder and accuser in a memo to employees.
The Office of Congressional Ethics is looking into whether Rep. Spencer Bachus, chair of the House Financial Services Committee, violated insider trading laws and used his public office for private gain.
When commodities brokerage MF Global imploded, the FBI and federal prosecutors were quick to launch an investigation to pursue what seemed obvious to outspoken regulators and lawmakers: laws were broken and crimes were committed.
Diamond Foods Inc removed top management after a probe by its audit committee found that the company improperly accounted for payments to walnut growers, sending its shares down 40 percent in after-hours trading.
Champagne, sparkling wine and chocolates are a favorite pairing to celebrate Valentine's Day, despite warnings from experts that the two do not go well together.