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arbitration news from FierceFinance

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Citi exec wants his pay

Does this intimate a slew of similar actions? Kevin Kessinger, one-time head of technology at Citi (C), has gone to arbitration to get his multi-million dollar severance package paid. It's unclear... Read more...

Broker-raid arbitration, a harbinger

We've seen lot of competition for financial advisors as of late, with most of the action focusing on independents or smaller brokerages recruiting from the wirehouses. Wells Fargo (WFC) inherited an... Read more...

JPMorgan Chase drops arbitration clause

Consumer advocates have long excoriated the arbitration process as one skewed toward banks. But now banks are dropping the requirements for all customers with credit card disputes. JPMorgan announced... Read more...

Bear Stearns arbitration causing headaches?

The trial of former Bear Stearns hedge-fund managers Ralph Cioffi and Matthew Tannin is set to begin in Brooklyn in September. It will be a huge media event, and in some ways--fairly or not--it will... Read more...

Ex-Citi hedge fund manager blames firm

John Pickett, who ran a Citigroup hedge fund from 1999 until his resignation in December, has filed a sealed arbitration-like complaint in London. In it, he has some... Read more...

A way to end the auction rates securities mess?

It's so easy to forget about the auction rate securities mess. But the fact remains that more than $300 billion remains tied up in this near-frozen market. Issuers, lots of municipalities and... Read more...