| Aug 28, 2014
| 4:24 PM
As the FBI and U.S. Secret Service investigated the scope of recent cyberattacks on U.S. financial institutions, the nation's largest banks said Thursday that they hadn't seen any unusual fraud activity from their customers' accounts.
| Aug 21, 2014
| 2:02 PM
Norman Pellegrini has been the point person when it comes to selling bonds for Orlando's toll-road agency, meeting regularly with board members and winning more than $2 billion worth of business and $9.5 million in commissions and fees for his employers...
| Aug 21, 2014
| 5:46 PM
Bank of America Corp. will pay a record $16.65 billion to resolve government claims over soured home loans in what is probably the last major settlement stemming from the mortgage meltdown.
The deal also largely closes the chapter on the bank's...
| Aug 22, 2014
| 11:18 AM
If your phone rings and you're asked to verify your credit card number to resolve a supposed problem with your account, don't do what a local woman did and reveal your number.
This scam is among several the Watchdog has run across in recent weeks. I'...
| Aug 5, 2014
| 8:13 PM
Six years after the financial crisis, regulators said that 11 banks deemed too big to fail still have produced no workable procedures to help regulators shut them down should they ever reach the brink of failure.
The Federal Reserve and the Federal...
| Aug 6, 2014
| 8:42 AM
New York federal Judge Jed S. Rakoff has been the strongest voice on the bench for bringing Wall Street wrongdoers to justice.
So it isn't surprising that when his masters on a federal appeals court ordered him to sign off on an indulgent fraud...
| Mar 17, 2014
| 2:46 PM
Via Jonathan Cohn and Kevin Drum, it transpires that the House GOP majority is crafting a new healthcare "reform" program to substitute for the Affordable Care Act. It should surprise no one that the new plan incorporates two provisions that have been...
| Mar 14, 2014
| 11:44 AM
Futures exchange operator CME Group Inc. is facing mounting criticism from brokers over fee increases that are set to raise costs for futures customers.
Chicago-based CME, which owns the Chicago Board of Trade, Chicago Mercantile Exchange and others, has...
| Dec 30, 2013
| 2:30 AM
The end of the year is a time to review the year that just was. If, like me, you write about the financial services industry, this means you tend to find yourself drinking heavily and/or upping your blood-pressure medication as you total the year's supply...
| May 12, 2014
| 11:14 PM
In an extraordinary television interview that deepened the anger over his ownership of the Clippers, Donald Sterling attacked Lakers great Magic Johnson, suggested that African Americans have not done enough to help their community and blamed the media...
| May 12, 2014
| 4:03 PM
Only a handful of days into his new job, Dick Parsons was confident of at least one thing. The Clippers would eventually get new owners.
"My personal belief is that the league will prevail, which means that there will be an ownership change," Parsons...