This post has been corrected. (Lauren Tara LaCapra) - Goldman Sachs Group Inc has just a few more months to put its stamp on the Volcker rule, ...

CHARLOTTE, North Carolina (Reuters) - Bank of America Corp plans to spin off its last large private equity fund, with more than $5 billion in asse...

For Goldman Sachs Group Inc.’s Special Situations Group, disasters can be a source of some of the biggest profits. Now the secretive investing opera...

For at least one aspect of Goldman Sachs' operations, it may be business as usual after the Dodd-Frank financial reform bill is implemented. Bank ...

Early Friday morning, Obama announced a significant shift for the White House economic team: the war against Wall Street greed has lost a major player...

As legislators grapple with how to keep banks from engaging in risky, speculative behaviors, former Federal Reserve chairman Paul Volcker's views are ...

The Financial Stability Oversight Counsel is releasing an 80 page draft of "recommendations" on the Volcker Rule to the Federal Reserve. But regulators must understand there are two vastly different types of proprietary trading.

In an effort to make financial regulation more airtight, a government oversight panel has recommended a new wrinkle: that bank chiefs should personall...

WASHINGTON (By Dave Clarke and Rachelle Younglai) - The new council of U.S. regulators will face a major test on Tuesday when it unveils recommendati...

Wall Street giant Goldman Sachs generated at least 18 percent of its revenues last year through trading and investing for its own benefit, according t...

CHARLOTTE, North Carolina (By Joe Rauch) - Morgan Stanley said it would spin off its proprietary trading unit as an independent firm by the end of 20...

NEW YORK (Reuters) - Goldman Sachs' last large proprietary trading team is planning to leave the bank in order to start an independent hedge fund, th...

NEW YORK - U.S. banks have found a way to continue betting their own money on some investments, despite a new law's restrictions on proprietary tradi...

Regulators charged with fleshing out the Dodd-Frank financial reform are receiving intense pressure from Wall Street lawyers and lobbyists, the Wall S...

The Obama administration saved the deeply troubled megabanks in the United States in early 2009 with a bundle of rescue measures that, compared with s...

Sept. 3 (Bloomberg) -- Goldman Sachs Group Inc. is shutting its principal-strategies business, a group that makes bets with the firm's own capital, to...

Paul Volcker, the former Federal Reserve chairman, wants the rule that bears his name to be as airtight as possible, the Wall Street Journal reports. ...

Amazingly, Mr. Geithner made no reference to the Volcker Rule, either explicitly or even implicitly -- despite the centrality of this idea to the rece...

Paul Volcker pulled no punches Thursday in a speech at the Federal Reserve Bank of Chicago, criticizing nearly all aspects of the nation's financial s...

Aug. 31 (Bloomberg) -- JPMorgan Chase & Co., the second- largest U.S. lender by assets, told traders who bet on commodities for the firm's account tha...

June 30 (Bloomberg) -- Paul Volcker is disappointed with the final version of the rule that bears his name. As first envisioned, the Volcker rule w...

June 18 (Bloomberg) -- Citigroup Inc. plans to raise more than $3 billion for its private-equity and hedge funds, even as U.S. lawmakers consider bann...