Anyway, I never gave much thought to Goodfellas being a cinematic template for the kinds of schemes, scams and financial shenanigans pulled off by the Wall Street mob until recently.

Government investigators have found that JPMorgan Chase devised “manipulative schemes” that transformed “money-losing power plants into powerful...

OK Jamie, we get it: you are very, very embarrassed about the whole London Whale debacle. In a letter to shareholders released Wednesday, JPMorgan...

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.

Japan swore off nuclear weapons for generations after the bombings of Hiroshima and Nagasaki. Wall Street's memory vis-a-vis weapons of mass destructi...

We've seen how well robots handle stock trading, why not give them the keys to the credit-derivatives market, too? There may not be much choice: As...

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

While the repeal of Glass-Steagall was certainly a part of making our system fragile to the point where it is at today, thinking that a simple solution like breaking up the banks will be the panacea that we seek is incredibly naïve.

The next banking industry scandal to wash ashore in the US from Europe will be the matter of two periods of chicanery in the private association of global banks that set the basis for the so-called "LIBOR" interest rate.

The American Robin Hoods are seeking economic justice. They want Congress to resurrect the financial transactions tax. Britain, home of Robin Hood, already charges a form of it. Ten European Union countries plan to institute it. America needs it.

* Bair says doesn't like "piling on" over JPMorgan * Says loss does not threaten viability of the bank * But says it doe...

By Carrick Mollenkamp and Cezary Podkul NEW YORK, June 14 (Reuters) - JPMorgan Chase & Co's disastrous bets on corporate debt may...

While regulation comes with a significant price tag, those costs pale beside the losses that banks can incur when left to their own devices. Will regulators take the hint that the cost-benefit fight is one they can win?

To Brooksley Born, JPMorgan Chase's trading blowup looks a lot like the Long-Term Capital Management debacle of 14 years ago. It's "happening all o...

The public opprobrium directed at Wall Street throughout 2008 and 2009 met with no satisfactory reformist result. That leaves us with Occupy Wall Street as the only viable option of steering the nation off the course of permanent high unemployment, low wages, and a shredded social safety net.

Somebody throw some water on the irony meter because it's burning up: JPMorgan could have been spared the embarrassment and pain of its $2 billion tra...

The banking industry is getting personal in its tireless fight against regulation. Jamie Dimon, chief executive of JPMorgan Chase and the industry'...

Complicated credit derivatives turned the financial crisis into a catastrophe back in 2008. Now comes a study claiming evidence that these financial i...

Corporate America, with help from the Obama administration, has struck yet another blow against the scary financial regulations it claims will hurt th...

On Monday, the U.S. Commodity Futures Trading Commission issued an order prohibiting the marketing of a new set of derivatives that would have enabled...

Banks and borrowers were supposed to be paying equal rates: the fat years would balance out the lean. But the Fed artificially manipulated the rates to the save the banks.