The entire country suffered greatly during the most recent financial crisis, but a recent study reveals that financial professionals were affected in ...

I don't care if Greenberg wants to sue God. It is a free country and he can do what he wants. But I do care when someone tries to reverse the consequences of their own bad decisions by using up the resources of my government.

On March 19, Hank Greenberg, AIG's former CEO of 40 years and now head of Starr Companies, sat down with Bloomberg Television anchor Betty Liu at 92Y ...

To listen to bankers tell it, President Barack Obama has been their worst nightmare. But considering how easy banks have actually had it since the fin...

Aug 14 (Reuters) - Goldman Sachs Group Inc officials won the dismissal of a shareholder lawsuit accusing them of breaching their fiduciary duties by...

* SEC says Wells Fargo sold products tied to risky mortgage securities * Former Wells Fargo vice president also settles SEC charges ...

Neil Barofsky, the former Inspector General of the Troubled Asset Relief Fund, can sum up the state of the nation in two words: "Pretty fucked." Th...

As ProPublica has been detailing for two years, Wall Street banks and the hedge fund Magnetar worked together to build mortgage-backed deals that the ...

NEWPORT BEACH – The conventional wisdom about the November presidential election in the United States is only partly correct. Yes, economic issues w...

WASHINGTON (AP) — A growing number of Federal Reserve officials are open to taking further action to support the struggling U.S. economy. But minute...

American International Group, the insurance giant saved by a massive federal bailout, wants some tax money back – from 1991. AIG is suing in Fe...

July 3 (Reuters) - A company run by former American International Group Inc Chief Executive Maurice "Hank" Greenberg may pursue a $25 billion lawsui...

For years, investors have been separated from their money by a greedy and often corrupt securities industry, culminating in the 2008 meltdown which almost precipitated a global depression.

(Repeats) By Jennifer Ablan and David Gaffen June 24 (Reuters) - Grim. Serious. Terrifying. Nerve-rattling. ...

WASHINGTON, May 24 (Reuters) - The U.S. banking industry for the first quarter reported its highest quarterly earnings since the first half of 2007,...

Most bankers are not the unethical and blindly greedy creatures that politicians and the media make them out to be; and there is no doubt that without the productive activities of the banking sector, no other industry in our nation would be able to survive or thrive. But that does not mean there isn't a ghost in the machine.

WASHINGTON — The $2 billion trading loss at JPMorgan Chase has renewed calls for stricter oversight of Wall Street banks. Two years after Congre...

WASHINGTON -- The head of the Securities and Exchange Commission says the agency is focused on a surprise $2 billion trading loss by JPMorgan Chase. ...

WASHINGTON — Chairman Ben Bernanke said Friday that the Federal Reserve was left with few good options when it stepped in to shore up the larges...

When the history books make their judgments about pre-crisis Wall Street, they'll come down hard on those salaries for twenty-somethings -- at least a...