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December 21, 2022
By Saeed Azhar and Chris Prentice NEW YORK (Reuters) -Two Morgan Stanley equity syndicate bankers, Pawan Passi and Charles Leisure, are no longer listed as registered brokers at the Wall Street firm, according to industry
December 20, 2022
Mark Zuckerberg considered saying in a 2017 speech that Facebook was looking into organizations like Cambridge Analytica, according to details from a deposition of him by the U.S. Securities and... | December 19, 2022
December 20, 2022
By Chris Prentice and Hannah Lang WASHINGTON (Reuters) -The U.S. Consumer Financial Protection Bureau hit Wells Fargo & Co with the watchdog's largest ever civil penalty on Tuesday as part of a $3.7 billion agreement
December 20, 2022
Wells Fargo & Co agreed to pay $3.7 billion to settle charges from a U.S. consumer watchdog over widespread mismanagement of car loans, mortgages and bankโฆ
December 15, 2022
WASHINGTON (Reuters) -U.S. prosecutors on Wednesday said they have charged eight individuals in a securities fraud scheme, alleging they reaped about $114
December 14, 2022
(Reuters) -U.S. Senator Elizabeth Warren on Wednesday said it was time for lawmakers to force cryptocurrency firms to follow the same money-laundering rules as other financial institutions. The Democratic senator from Massachusetts spoke during a
December 14, 2022
WASHINGTON (Reuters) - The U.S. Securities and Exchange Commission (SEC) on Wednesday said it has charged eight individuals in a $100 million securiti...
December 13, 2022
"We allege that the defendant conspired to defraud customers by misappropriating their deposits; to defraud lenders; to commit securities fraud and money laundering; and to violate campaign finance laws," U.S. Attorney General Merrick Garland said in a statement. Both the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) alleged Bankman-Fried committed fraud in lawsuits filed on Tuesday.
December 13, 2022
By Jared Higgs, Luc Cohen and Chris Prentice NASSAU, Bahamas/NEW YORK (Reuters) -Sam Bankman-Fried indicated in a Bahamas courtroom on Tuesday that he would fight extradition to the United States, hours after U.S. prosecutors accused
December 13, 2022
WASHINGTON (Reuters) - The U.S. Commodity Futures Trading Commission will file charges on Tuesday against cryptocurrency exchange FTX founder Sam Bank...