FierceFinance is the financial services daily monitor, with news covering the banking industry, asset management, capital markets and SEC regulations. Join
45,000+ bankers and fund managers who get FierceFinance via email for a quick daily briefing from an insider perspective. Sign up today!
A filing in bankruptcy court in New York contains an explosive charge by Lehman's biggest creditors: JPMorgan froze $17 billion in cash and securities on the Friday night before its failure. The... Read more...
The Washington Post reports that the Justice Department has decided it will not seek indictments against Wall Street firms, concentrating instead on individuals. So it seems unlikely that we'll see... Read more...
We've seen a lot of activity on the auction rate security front recently. We may start seeing some settlements. The New York Times reports that Citigroup is nearing a... Read more...
These days, one mark of success as an academic in finance is whether your work will form the basis of an enforcement action. We've seen several studies lead to big investigations. The most recent... Read more...
The issue of the moment is Goldman Sachs and what its London-based traders did, if anything, that might be construed as manipulation of Lehman Brothers' and Bear Stearns'... Read more...