Topic:
Capital Markets
Latest Headlines
Latest Headlines
Ex-employees punish JPMorgan via CDS trades
It was no secret that hedge funds were swooping in to drive nails in coffin of the JPMorgan's infamous hedge via bond index CDSs.
Morgan Stanley CEO involved in Facebook IPO
It's no secret that Morgan Stanley had a lot riding on the Facebook deal.
Wells Fargo steers clear of JPMorgan-like trading activity
In the wake of JPMorgan's multi-billion dollar trading fiasco, other big banks have moved to make clear to analysts that they do not engage in the sort of "hedging" that caused so much carnage at JPMorgan.
Should Jamie Dimon resign from NY Fed bank?
In the aftermath of the multi-billion trading fiasco, Elizabeth Warren, the mother of the CFPB and a candidate for Senate, Tim Geithner, Treasury Secretary, Sen. Bernie Sanders and others have called on Jamie Dimon to step as a director of the New York Federal Reserve Bank.
Costs of Facebook IPO fiasco
Lawsuits by retail investors are mounting. Regulators are investigating. Fingers are pointing. At this point, it's unclear what the ultimate costs will be of Facebook's botched IPO.
Fate of bank break-up bill
Senator Sherrod Brown, the chairman of the Senate Subcommittee on Financial Institutions and Consumer Protection, introduced the Safe, Accountable, Fair and Efficient Banking Act of 2012 (known as SAFE) on May 9, n a bid to end "corporate welfare for Wall Street megabanks."
Gupta trial update: Goldman Sachs banker testifies
The prosecution is laying the groundwork for the bulk of its case, detailing the circumstances in which an alleged leak from defendant Rajat Gupta to convicted criminal Raj Rajaratnam took place.
Facebook wanted reduced estimates
Until now, people assumed that the analysts for the top underwriters of the Facebook deal--a group that includes Morgan Stanley, Goldman Sachs and JPMorgan--abruptly reduced their revenue estimates for the issuer because of an amended regulatory filing. But as it turns out, that might not be the whole story.
Goldman Sachs banker to testify soon
So who will be the first Goldman Sachs employee to testify?
Nasdaq's Facebook woes multiply
Among the big losers in the Facebook IPO debacle, Nasdaq OMX ranks right up there with Morgan Stanley and the issuer itself.
