By Aviva Shen 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."
By Alan Pyke on 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 on December 16, 2013
Anything less than a 44 percent jump in bonus checks is liable to disappoint bank executives in the U.K.
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By Tamara Fucile, Guest Blogger and Jennifer Erickson, Guest Blogger 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 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 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 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 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.
By Alan Pyke on November 15, 2013
Moody's indicated that big banks have become less safe investments because bailouts are becoming a thing of the past.
By Alan Pyke on November 12, 2013
The Dodd-Frank act still hasn't done enough to rein in excessive pay that led executives to make risky decisions.