Bloomberg

A BNY Mellon unit bought two firms: one focused on domestic Australian equities and the other on emerging markets equities and global fixed income.

Wells Fargo & Co. is hitting back at media coverage of a Las Vegas trip for mortgage employees that the bank canceled last week.

Bernard Madoff began to face the music today.

Incidents of identity theft and fraud continue to rise but, due to increased vigilance by consumer and businesses, the cost to individual victims has fallen.

Fixing the global financial crisis will require more effective government regulation and greater cooperation among regulatory agencies around the world.

Morningstar hedge fund database will become the foundation for a research platform that gives qualified investors a closer look at more than 7,500 hedge funds.

As Valentine’s Day approaches, Cupid’s arrow may snag that special partner, but be sure it doesn’t snag some financial troubles in the process.

The hedge-fund-of-funds sector in Europe may lose three-quarters of its assets, compared with the beginning of 2008.

SEC director of enforcement Linda Thomsen is resigning to return to the private sector, the agency announced today.