Stock futures pointed to a lower open on Wall Street Wednesday as a stronger dollar tugged on commodities prices.
A former Merrill Lynch broker has accused the firm of interfering with a regulatory inquiry into a case in which it allegedly skirted responsibility for advice given on a tax loss trade.
A Boston-based investment firm has agreed to pay $1.3 million in restitution to Montana investors for a Ponzi scheme run by an independent broker in Kalispell.
The receiver overseeing R. Allen Stanford's businesses announced Thursday that he is suing two former employees of the Texas financier's capital management firm for more than $11 million.
Apparently, the jailed financier, who is going through lawyers like bottles of bubbly, has his own ideas about what his courtroom strategy should be. Next up: legal team #4
Three ex-employees of Bernie Madoff -- including operations chief Daniel Bonventre (above) -- say they played no part in the fraudster's $65 billion scheme
Similarities between New York's Ponzi King and and an Auckland investment manager led an elderly client to contact officials. Guess what?
Contrary to what his lawyer indicated at the time, the Ponzi king apparently got crowned in big house bust-up in December
Federal prosecutors in New Jersey say a Florida man has admitted his role in a $20 million stock fraud and money laundering scheme.
Institutional investors are investing in timberland, trying to fill new inflation-hedging allocations.
Stocks are looking to extend their gains into a seventh straight day as investors anticipate positive readings on home prices and consumer confidence.
New accounting rules and underpriced universal life insurance are just a couple of the issues keeping Joseph M. Belth up at night.
An investment fund manager from Tennessee drew a 14-year prison sentence Wednesday in a $33 million Ponzi scheme that cheated more than two dozen investors in the United States, Germany and Costa Rica.
Morgan Stanley elevated its chief financial officer to a new role as co-chief of investment banking and global securities trading Tuesday as part of a management shake-up ahead of James Gorman's assumption of the CEO role on Jan. 1.
Provisions in legislation aimed at “too-big-to-fail” financial firms will increase borrowing costs for large institutions — and will make it harder to get secured lending, according to financial industry officials.
The chairman of the Federal Reserve is concerned that congressional efforts at financial reform could weaken the central bank's ability to handle future crises and may politicize monetary policy.
Federal authorities today charged a Connecticut man with running a Ponzi scheme that allegedly bilked investors out of $20 million over nearly 12 years.
A Philadelphia-area fund manager has been sentenced to 15 years in prison for running a Ponzi scheme that cheated investors out of $35 million.
Wells Fargo Investments LLC will return about $1.3 billion to investors who suffered losses in the auction-rate-securities market, according to the North American Securities Administrators Association Inc.
