While U.S. marshals were hunting down convicted hedge fund fraudster Samuel Israel III, their agency was busy recovering most of his firm's remaining assets.
Deutsche Bank’s second-quarter net income fell 36% to $1 billion from $2.8 billion a year earlier.
The state charged Merrill Lynch with fraud related to auction rate securities and settled a similar claim with UBS.
The economy grew at an annual rate of 1.9% in the second quarter, a slower growth rate than had been expected.
The SEC has voted unanimously to help investors find free financial information about muni bonds on the Internet.
A host of financial services companies reported their earnings today, with only one firm boasting black ink on its ledger.
Clients would be urged to obtain a personalized hypothetical illustration, revealing all applicable charges and fees.
The socially concious mutual fund was fined $500,000 for violating investment restrictions.
Insurance industry representatives and regulators could not agree on moving ahead with comprehensive reform legislation.
The price of single-family homes in the country’s top 20 metropolitan markets posted the biggest year-over-year decline .