financial services news from FierceFinance

We noted recently that Wal-Mart has turned the on-going sluggish economy and populist anger over banks to its advantage, as more people seem to be discovering its financial services offerings. Read more...

It was huge news back in 2007 when Wal-Mart dropped its controversial plans to start up an industrial bank in Utah. The retail giant was bitterly criticized by many, which made it impossible to move Read more...

Being named a Goldman Sachs partner may seem like the crowning achievement of a lifetime. You become an instant rock star in financial services circles. But like most rock stars, the fame is often Read more...

As one of the highest profile IPO in years, Groupon shot itself in the foot at just about every turn. It's quirky accounting was questioned, with good reason, and eventually was scrapped in favor of Read more...

Are you a closet supporter of the Occupy Wall Street movement? Some of you undoubtedly are. I recall talking to someone in a fairly high position in a pharmaceutical company as the health care debate Read more...

Judge Jed Rakoff, who took a stand against what he saw as a sweetheart deal between the SEC and Bank of America, has started something of a trend. A judge recently declined to approve a $75 million Read more...

Recall that the SEC (SEC news) charged Provident Royalties and its founders and some related businesses with fraud (fraud news) last summer. Unfortunately, prior to that, Provident was able to place Read more...

On the one hand, bank CEOs are offering up contrite words, in hopes of appeasing angry lawmakers and the public. But they are hardly willing to sit back and let all the new reform movement run its Read more...

A well-known headhunting outfit, Korn/Ferry, says that demand for executive financial services talent has really soared, even with all the controversy over executive pay and bonus restrictions. Read more...

In some ways, the trial of Ralph Cioffi, 53 and Matthew Tannin, 48, is all about email. That's what it boiled down to as the high-profile trial wrapped up last week. Prosecutor say the Bear Stearns Read more...