Ralph Janvey has spent years searching for billions lost in the Stanford Ponzi scheme. CNBC's Scott Cohn sits down with him in an exclusive interview.» Read More
NEW YORK, Feb 26- Bank of America Corp said it does not owe the U.S. government the $2.1 billion it is seeking in penalties after a jury found the bank liable for fraud over defective mortgages sold by its Countrywide unit, according to a court filing made on Wednesday.
NEW HAVEN, Conn., Feb 26- A former supervisor of onetime Jefferies Group Inc trader Jesse Litvak, who is on trial on federal fraud charges, testified on Wednesday that traders sometimes used coded language to conceal trades whose prices were not necessarily best for clients.
In the wake of a cybersecurity firm reporting 360 million stolen credit cards are being sold on the black market, CNBC's Eamon Javers details the "dark web," the network for cybercrime. Javers also comments on the NSA privacy debate taking place within the industry.
CNBC's Michelle Caruso-Cabrera reports Ukraine is about to announce its new Ukrainian cabinet members, and there is more violence in Crimea.
NEW HAVEN, Conn., Feb 25- Jesse Litvak, a former trader at Jefferies Group Inc, made extra commissions and profits by defrauding big Wall Street firms such as JPMorgan Chase& Co and AllianceBernstein Holding LP on bond trades, a U.S. Treasury Department agent testified at Litvak's fraud trial.
NEW HAVEN, Conn., Feb 25- Jesse Litvak, a former trader at Jefferies Group Inc, made extra commissions and profits by defrauding big Wall Street firms such as JPMorgan Chase& Co and AllianceBernstein Holding LP on bond trades, a U.S. Treasury Department agent said at Litvak's fraud trial.
Ukraine has had a very bloody week between two groups, one favorably disposed to Russia, and the other towards the rest of Europe. Eurasia Group's Willis Sparks, provides perspective.
After a wave of anti-wealth protests in San Francisco, the nearby, posh town of Atherton is investigating graffiti and has brought in the FBI to help.
CNBC's Michelle Caruso-Cabrera takes a look at the Ukrainian presidential palace and reports documents that Viktor Yanukovych dumped in the river have been retrieved.
CNBC's Michelle Caruso-Cabrera reports the latest details on Ukraine's efforts to form a new government and the country's current financial status. The central bank is not defending the currency a market source says.
In the wake of last week's protest, CNBC's Michelle Caruso-Cabrera reports protesters remain in Ukraine's Independence Square, and speaks to Platinum Bank CEO Greg Krasnov about the country's financial situation.
CNBC's Michelle Caruso-Cabrera reports on the ouster of Ukraine president Viktor Yanukovych and speaks with parliament member Olga Bielkova about the Ukraine's financial crisis.
In the wake of last week's protest, CNBC's Michelle Caruso-Cabrera reports the Ukraine is unable to borrow money and needs a bailout now.
While the country mourns, CNBC's Michelle Caruso-Cabrera reports Ukraine may need a bailout to meet its financial obligations as much of the wealth remains in the hands of a small number of people.
CNBC's Michelle Caruso-Cabrera reports former Ukraine President Viktor Yanukovych is wanted for "mass murder of civilians" and the country now faces an urgent financial crisis.
US securities regulators are studying whether more proprietary high-speed trading firms should register as broker-dealers, an official said.
Earlier today the Ukrainian government reached a tentative deal with protesters that would hopefully end the violence in Kiev. NBC's Richard Engel reports.
A former senior managing director at Evercore charged on Friday with securities fraud and other violations, according to a court filing.
Amid the riots and protests in Kiev, Roman Popadiuk, former U.S. Ambassador to Ukraine, and Michael Bleyzer, Sigma Bleyzer CEO, discuss Ukraine's fight for economic freedom and effects the unrest is having on its economy.
NBC News' Jim Maceda reports tensions remain on the ground in Kiev, despite the draft agreement including a compromise deal on Ukraine was signed by Ukraine President Viktor Yanukovych.
Aubrey Lee Price, a former bank director wanted by the FBI in connection with a multi-million dollar investment scheme was arrested during a traffic stop by the Glynn County Sheriff’s department on Dec. 31st in Brunswick, Ga. Price allegedly faked his own death by disappearing off a Key West ferry in 2012. Although Florida issued a death certificate, the FBI suspected Price was still alive.
Eric Bartoli was arrested Dec. 11 in Peru. He he been on the run for almost a decade, wanted for his alleged involvement in stealing millions from investors in the U.S. and Latin America.
The accused mastermind of a $65 million scam featured on "American Greed: The Fugitives" has been apprehended by authorities.