A New Jersey woman was charged with directing a $45 million real estate Ponzi scheme that allegedly defrauded more than 20 investors in New York and New Jersey.
Fitch slashes embattled energy company's senior unsecured debt rating six notches. Is non-investment grade the next stop?
The U.S. Securities and Exchange Commission sued two Canadian men, accusing them of running a $300 million Ponzi scheme that promised returns of as much as 36 percent on investments in gold-mining companies.
Legg Mason Inc.'s Bill Miller said he is sticking with his bets on Goldman Sachs Group Inc. because the fallout from the fraud accusations against the bank will probably be limited.
Former Credit Suisse Group AG broker Eric Butler, free while appealing his conviction for fraudulently selling subprime securities that cost investors more than $1.1 billion in losses, was ordered to begin serving his prison sentence.
Under the rule, if an investment adviser or certain employees of an advisory firm contribute to a politician with influence over hiring, they cannot be paid by the pension fund for two years.
Business propositions that center on making money through investing is out of sync with the times.
Drawn by tales of fast money in the land of iron condors, retail traders are swarming the futures market. But do they know what they're doing?
Rational markets? Hardly. In reality, humans tend to have a narrow focus -- often missing the obvious
JPMorgan Chase CEO Jamie Dimon named longtime associate Heidi Miller to the new post of president of J.P. Morgan International as part of a management shuffle to groom an eventual successor.