SAN FRANCISCO, March 25- The former chief operating officer of a major Chinese-American bank in San Francisco was convicted on Wednesday of several criminal counts, including securities fraud, over allegations he concealed deteriorating loans at the height of the 2008 financial crisis. Prosecutors accused former United Commercial Bank executive Ebrahim...» Read More
Richard Hoey, BNY Mellon chief economist; and Michael Santoli, Yahoo! Finance senior columnist, discuss the details of the Justice Department's civil suit against the S&P, and what lead to the crisis.
Attorney General Eric Holder announces the Justice Department is filing a civil suit against Standard and Poor's for alleged fraud on mortgage ratings. And, CNBC's David Faber and Scott Cohn, weigh in.
Floyd Abrams, Cahill Gordon & Reindel partner, discusses the merits of the Department of Justice's civil lawsuit against Standard & Poor's rating agency for alleged ratings fraud.
CNBC's Gary Kaminsky takes a look inside the SEC crime lab, where six terabytes of digital data, emails and documents come in for review every month.
CNBC's Gary Kaminsky takes a look at the massive amount of digital data that pours into the SEC's enforcement division, which is in charge of investigating violations of securities laws.
CNBC's Scott Cohn reports the SEC wants to make it more enticing for employees to report fraud at work, particularly in light of recent revelations about attempts to blow the whistle on Bernie Madoff and Ron Allen.
CNBC's Gary Kaminsky spent time with SEC's Bruce Karpati to learn more about his division, which investigates allegations of fraud committed by investment advisers. Kaminsky reports that if you're breaking the law, the agency will find you.
SAC Capital Advisors expects client withdrawals of at least $1 billion in 2013 as the hedge fund battles intense regulatory scrutiny over insider trading allegations, the Wall Street Journal said on Friday, citing people briefed on the matter.
To Philip Horn, the Braemar Country Club was not just a golf course, it was an extension of his office. Most weeks, Mr. Horn, a financial adviser at Wells Fargo, chatted up potential clients between holes at the upscale club set against the backdrop of the Santa Monica Mountains. The NYT reports.
CNBC's Mary Thompson reports the former hedge fund manager pleaded not guilty to insider trader charges.
CNBC's Mary Thompson reports the latest details on former hedge fund portfolio manager Mathew Martoma's arraignment in New York City on insider trading charges.
Peter Madoff will serve 10 years in prison for his role in his older brother's multibillion-dollar Ponzi scheme, a U.S. judge said Thursday.
CNBC's Kate Kelly reports hedge fund manager Bill Ackman is trying to make the case that Herbalife's numbers don't add up.
Bart Chilton, Commodities Futures Trading Commission commissioner, discusses the Swiss bank's fine and role in manipulating global benchmark interest rates.
Two former hedge fund managers were convicted on Monday of illegal trading in Dell stock based on secret information supplied by research analysts.
CNBC's Scott Cohn reports the latest list of the world's most corrupt countries and those with the "cleanest" rankings.
Former hedge fund portfolio manager Mathew Martoma will have to put up $5 million bail to remain free on insider trading charges.
Former hedge fund portfolio manager Matthew Martoma is due in court any minute on charges of conspiracy to commit securities fraud, with CNBC's Bertha Coombs & Judge Richard Holwell, Holwell Shuster & Goldberg.
Richard Holwell, Holwell Shuster & Goldberg partner, explains the courts view of insider trading, and how the government may build its case against former fund manager, Mathew Martoma, who is accused of making more than $276 million in illicit profits.
Callers touting hurricane-related investments may be scam artists capitalizing on the storm.