by Alan Pyke Posted on January 10, 2014
The inflated JP Morgan deal from last year is getting used as a blueprint for further Wall Street settlements.
by Alan Pyke Posted on December 26, 2013 Updated: December 26, 2013
A revised proposal would pay banks about 60 cents on the dollar, rather than 80, but that's still four times as generous as Detroit wants to be to retirees.
by Aviva Shen Posted on December 23, 2013
A new Bloomberg feature reveals "a network whose Wall Street alumni guide resumes to the tops of stacks, reveal interview questions with recommended answers, offer applicants secret mottoes and support chapters facing crackdowns."
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by Alan Pyke Posted on December 20, 2013 Updated: December 20, 2013
A federal bankruptcy judge blocked Detroit's emergency manager from giving a sweet deal to banks at the same time that he is trying to drastically cut pensions.
by Alan Pyke Posted on December 16, 2013
Anything less than a 44 percent jump in bonus checks is liable to disappoint bank executives in the U.K.
by Posted on December 11, 2013
The final draft of the Volcker Rule has stricter definitions and rules meant to reign in risk-taking at Too Big To Fail banks.
by Alan Pyke Posted on December 2, 2013
Even if a big new projection for banks' legal bills proves accurate, Wall Street will still have made more in profits.
by Alan Pyke Posted on November 27, 2013
JP Morgan's stock has climbed so high since the deal was announced that the gain is about equal with the penalty.
by Alan Pyke Posted on November 25, 2013
JP Morgan's general counsel thinks Wall Street fines are too big and government shouldn't spend so much time and energy overseeing the industry.
by Alan Pyke Posted on November 20, 2013
Thanks to tax deductions and consumer relief provisions, JP Morgan's deal with the government won't hurt as much as you might think.