Global Settlement news from FierceFinance

The fledging independent research industry has been dealt a nasty one-two punch. The on-going financial crisis obviously took a toll, as did the expiration of the provision of the tainted research... Read more...

The future of independent research was questioned when the five-year agreement stipulated in the "global settlement"--firms had to provide independent research over that period--expired not too long... Read more...

You can bet Eliot Spitzer is not taking this well: Citigroup is mulling a move that would fold its once-maligned equity research unit into the institutional securities... Read more...

At first glance, the news that the New York state attorney general is prepared to charge Citi with fraud regarding its auction rate securities practices is similar to... Read more...