Goldman Sachs Group Inc. will pay $1.5 million to settle U.S. regulatory claims the firm failed to supervise a commodities trader who concealed an $8.3 billion position.
Brokers who switch firms would be compelled to tell customers about any recruiting bonuses and other incentives received under rules proposed by industry regulators to protect clients from conflicts...
Senate Democratic leaders are signaling that they may be willing to trade an entitlement program overhaul to secure a deal to rein in the national debt.
Well-heeled consumers are developing a taste for jewelry that broadcasts its brand provenance either by incorporating such well-known logos as Versace’s Medusa head or using distinctive designs.
Morgan Stanley, the brokerage with the biggest corps of financial advisers, changed its wealth-management compensation plan to encourage brokers to increase revenue and allow them to buy discounted...
Diamondback Capital Management LLC, among the hedge funds raided by the FBI two years ago in the U.S. investigation of insider trading on Wall Street, is liquidating after an exodus of clients.
A Republican proposal to raise the eligibility age for Medicare may save the federal government more than $100 billion while increasing health-care costs to senior citizens, states and employers.
