Brian Fallon

Brian Fallon News

  • BP Is Biggest Loser Among U.S. Government Contractors

    BP Plc, once the Pentagon’s top fuel supplier, is now the biggest loser among U.S. government vendors.

  • Holder Signals Anew 2014 May Be Last Year in Post

    Attorney General Eric Holder signaled anew in a magazine interview that this may be his last year as the nation’s top prosecutor.

  • Issa Faults FBI Probe of IRS Scrutiny of Tea Party Groups

    Representative Darrell Issa questioned the legitimacy of a U.S. criminal investigation into the screening of Tea Party groups by the Internal Revenue Service, saying that anonymous leaks had harmed the inquiry.

  • Record JPMorgan Settlement Wouldn’t Deter Some Investors

    JPMorgan Chase & Co.’s tentative agreement to pay a record $13 billion to end civil claims over its sales of mortgage bonds, a deal that won’t absolve the bank of potential criminal liability, hasn’t shaken some investors’ faith in Chairman and Chief Executive Officer Jamie Dimon.

  • JPMorgan Said to Reach Record $13 Billion U.S. Settlement

    JPMorgan Chase & Co.’s record $13 billion deal to end U.S. probes of its mortgage-bond sales would free the nation’s largest bank from mounting civil disputes with the government while leaving a criminal inquiry unresolved.

  • JPMorgan Settlement Truth in Advertising Sought on Taxes

    An aspect of U.S. tax law is being criticized by some lawmakers and consumer groups concerned that it may be worth billions of dollars for JPMorgan Chase & Co in negotiations with the Department of Justice.

  • Trader IMs Probed, Geithner-AIG, China IPOs: Compliance

    An instant-message group involving senior traders at banks including Barclays Plc, Citigroup Inc. and Royal Bank of Scotland Group Plc is being scrutinized by regulators investigating potential manipulation of the foreign- exchange market, four people with knowledge of the probe said.

  • Dollar Gains as Treasuries, Oil Fall; Stocks Fluctuate

    The dollar rose from an eight-month low, while Treasuries fell and U.S. stocks closed little changed, as investors prepared for tomorrow’s employment data. The yen weakened after Japan’s exports trailed estimates, while oil slid below $100 a barrel as American inventories grew.

  • JPMorgan Said to Agree to Details of $13 Billion Accord

    JPMorgan Chase & Co. has resolved the last obstacles to a record $13 billion settlement of civil state and U.S. probes over the sale of mortgage bonds, clearing the way for a deal today after months of negotiations, two people briefed on the matter said.

  • FAA Furloughs Would End Under Senate Funding Proposal

    Two U.S. senators introduced a bill today to let the Federal Aviation Administration use airport- improvement funds to pay air-traffic controllers, as efforts accelerated to end flight delays caused by forced budget cuts.

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