by Alan Pyke Posted on January 23, 2014
JP Morgan got a great deal out of government prosecutors last year, but CEO Jamie Dimon says the whole thing was "unfair."
by Alan Pyke Posted on January 21, 2014
The six largest U.S. banks notched their second-best year ever in 2013 thanks in part to taxpayer-subsidized legal settlements.
by Alan Pyke Posted on January 16, 2014
The emergency manager wanted to pay banks 60 cents on the dollar while planning to give retirees far less.
Want daily updates on important issues? Subscribe to
by Bryce Covert Posted on January 15, 2014
More evidence that gender diversity brings better results.
by Alan Pyke Posted on January 15, 2014
Congress' latest spending compromise cuts a combined $927 million from three agencies that are key to protecting taxpayers' interests.
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."
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.