Justice Department


  • Shining a light on Morgan Stanley's mortgage role Tuesday, 30 Dec 2014 | 10:13 AM ET

    A trove of filings and documents reveal the extent that lender Morgan Stanley was involved in influencing the push towards riskier mortgages.

  • The Justice Department said Alstom paid more than $75 million to secure $4 billion in projects around the world. DOJ said Alstom pleaded guilty to a two-count criminal information filed in a federal court in Connecticut and that Alstom's Swiss unit also pleaded guilty to criminal charges that it conspired to violate federal bribery laws.

  • Alstom pleads guilty, will pay $772M for bribery Monday, 22 Dec 2014 | 11:09 AM ET
    An apprentice inspects a section of cut metal at Alstom SA's welding training facility in Stafford, U.K.

    Alstom SA has pleaded guilty and will pay $772 million in criminal penalties to settle bribery charges with the U.S. Justice Department.

  • The Justice Department is expected to announce Alstom will plead guilty and pay $772 million in a bribery settlement, reports CNBC's Eamon Javers.

  • Treasury sells entire Ally stake, ends auto rescue Friday, 19 Dec 2014 | 10:29 AM ET
    In this April 10, 2014 file photo, Ally Financial CEO Michael Carpenter, third from right, is applauded as he rings the New York Stock Exchange opening bell to mark his company's IPO.

    The U.S. Treasury is winding down its auto industry recovery program by selling the last of its stake in Ally Financial.

  • WASHINGTON/ PARIS, Dec 16- Alstom SA is close to settling a bribery case with the U.S. Justice Department for $700 million, a person close to the matter said on Tuesday, in what would be the largest criminal fine levied by the United States for foreign bribery. A top Justice Department official said in a speech last month that Alstom executives along with Japanese...

  • Alstom to settle bribery charge: Report  Tuesday, 16 Dec 2014 | 10:19 AM ET

    Alstom is close to settling a bribery charge for more than $500 million with the U.S. Justice Department, reports CNBC's Dominic Chu.

  • For insider trading, it's a whole new ballgame Thursday, 11 Dec 2014 | 10:05 AM ET
    Preet Bharara

    An appellate court decision significantly redefined insider trading, and may have altered the course of all further enforcement.

  • Dec 9- Standard Chartered will face another three years of scrutiny for compliance with U.S. standards related to sanctions against certain countries, according to documents filed on Tuesday that also noted another probe of the bank is underway. The original agreements, struck with the U.S. Justice Department and the Manhattan district attorney over the...

  • WASHINGTON, Dec 8- Swiss firm Supreme Foodservice GmbH pleaded guilty on Monday to overcharging the United States for food and bottled water it provided to U.S. armed forces in Afghanistan and will pay $434 million to resolve a series of related cases, according to court documents. The cases were investigated by federal prosecutors and Justice Department...

  • Holder bolsters limits on federal profiling Monday, 8 Dec 2014 | 10:24 AM ET
    Attorney General Eric Holder

    Federal profiling on the basis of religion, gender, national origin, sexual orientation and gender identity will be banned, NBC News reports.

  • ZURICH, Nov 20- The U.S. Department of Justice has requested more information from around 40 Swiss banks taking part in a programme to make amends for possibly aiding tax evasion by wealthy Americans, a Swiss newspaper reported on Thursday. That followed criminal investigations of roughly a dozen Swiss banks in the United States. A spokesman for Switzerland's...

  • Justice Dept. takes in more than $24 billion  Wednesday, 19 Nov 2014 | 1:37 PM ET

    The Department of Justice has put out its grand total of civil and criminal collections for the FY 2014, with CNBC's Eamon Javers.

  • DOJ using planes to collect cell data: WSJ  Friday, 14 Nov 2014 | 8:33 AM ET

    The U.S. government is gathering data from thousands of cell phones using devices on airplanes that mimic cell towers. CNBC's Eamon Javers reports the details.

  • JPMorgan whistleblower speaks out  Wednesday, 12 Nov 2014 | 10:50 AM ET

    JPMorgan whistleblower Alayne Fleischmann speaks to CNBC's Kayla Tausche, about her role in the U.S. government's case against JPMorgan over mortgage backed securities.

  • WASHINGTON, Nov 12- The U.S. "The Federal Reserve is continuing to investigate in the foreign exchange markets in coordination with other authorities, including the Department of Justice," the spokesman said in a statement. The announcement was made as global regulators fined five major banks, including UBS, HSBC and Citigroup, $3.4 billion for failing to stop...

  • WASHINGTON, Nov 12- The U.S. The Fed is working closely with authorities in the United States, including the Justice Department, and overseas on the investigation, it said in a statement. The announcement was made as global regulators fined five major banks, including UBS, HSBC and Citigroup, $3.4 billion for failing to stop their traders from trying to manipulate...

  • Top contender for new Attorney General...  Friday, 7 Nov 2014 | 2:15 PM ET

    CNBC's Eamon Javers reports U.S. attorney Loretta Lynch has emerged as the leading candidate to replace outgoing Eric Holder as attorney general.

  • JPMorgan's $9B whistleblower breaks secrecy Friday, 7 Nov 2014 | 2:06 PM ET

    A former deal manager says she witnessed a "massive criminal securities fraud" at JPM, but was forced to keep it a secret, according to Rolling Stone.

  • Nov 6- Potash Corp of Saskatchewan Inc agreed to spend more than $52 million on plant improvements and pay a $1.3 million civil penalty to resolve U.S. charges that it violated the Clean Air Act over the emission of harmful pollutants, such as sulfur dioxide. It resolves claims by the Justice Department and the U.S. Environmental Protection Agency that three...