Bank of New York Mellon Corp. and federal prosecutors are close to settling some claims in a government lawsuit accusing the bank of overcharging customers for foreign-exchange trading, according to a court filing.
The fraud conviction of Joseph Collins, Refco Inc.’s former outside lawyer, was reversed by an appeals court that found the trial judge improperly instructed a juror outside the presence of Collins’s lawyers.
Jim Giffen , an oil consultant and merchant bank owner, spent the last years of the Cold War brokering business deals between the U.S. and Soviet Union while serving as a secret communication conduit between governments.
Jim Giffen , an oil consultant and merchant bank owner, spent the last years of the Cold War brokering business deals between the U.S. and Soviet Union while serving as a secret communication conduit for their governments.
Henry “Hank” Morris , former political adviser to New York’s ex-comptroller, was prodded by the judge overseeing his criminal case to resolve the charges against him involving corruption at the state’s pension fund.
Citigroup Inc. will pay $75 million to settle U.S. regulatory claims that it misled investors by failing to disclose billions of dollars in holdings tied to subprime mortgages while the housing crisis unfolded.
Robert Moffat, an ex-International Business Machines Corp. senior vice president ordered to spend six months in prison for his role in an insider-trading scheme, will start serving his sentence early to get it out of the way.