Goldman Sachs Group Inc . misled clients and Congress about the firm’s bets on securities tied to the housing market, the chairman of the U.S. Senate panel that investigated the causes of the financial crisis said.
Jefferies Group Inc. , the investment bank that’s expanding its advisory and trading units, hired former Moody’s Corp. senior analyst Alexander Yavorsky as a managing director in its financial institutions group.
Jefferies Group Inc. agreed to pay about $2 million to resolve Financial Industry Regulatory Authority claims that three employees failed to disclose conflicts of interest while selling auction-rate securities.
Jefferies Group Inc. hired Mark Lipacis from Morgan Stanley to cover the semiconductor industry as the firm adds analysts and bankers to challenge larger Wall Street rivals, according to a person with knowledge of the move.