A federal judge refused Monday to postpone prison or consider a lighter sentence for a former Swiss banker-turned-informant who helped launch a massive U.S. tax evasion investigation into banking giant UBS AG.
A federal judge in Florida has refused to dismiss charges of illegal document shredding against two former employees of disgraced financier Allen Stanford.
Hedge fund operator Raj Rajaratnam and a codefendant pleaded not guilty Monday to charges they were major players in a scheme that used inside information to make stock trades that generated millions of dollars in profits.
Key lawmakers unveiled a bill Tuesday aiming to crack down on wealthy tax dodgers hiding money overseas.
The stock market traded mixed after reports on factory orders and housing gave mixed signals about the economy.
A new regulation that would have placed more responsibility on life insurers for producers' bad annuity sales has been delayed.
Third quarter indexed annuity sales were up 11.3% from a year ago, but down from record sales levels in the second quarter of 2009.
Insurance broker Willis Group Holdings said Friday Chief Financial Officer and Group Chief Operating Officer Patrick Regan will leave the company early next year to become CFO of insurer Aviva PLC.
WisdomtTree Investments Inc. today launched an exchange-traded fund for investors who want to maintain exposure to international stocks without losing out to a rising U.S. dollar that could eat into returns.
Advisory firms will be focused on building their businesses this year, after spending the last two years just trying to hang on to the clients they have.
