New York's Attorney General says there is more evidence that Bank of America, Wells Fargo and other banks violated the terms of a settlement designed to end mortgage abuses.
A draft law that EU lawmakers voted for on Monday would shield small depositors in future bank rescues, but customers with more than 100,000 euros could suffer losses.
The Supreme Court agrees to consider whether mutual fund employees are subject to the same whistleblower protections as those who work for publicly traded companies.
SAC said it may not be able to provider investors with frequent updates regarding the government insider-trading probe but there will be "more clarity" soon.
CFTC Commissioner Bart Chilton told CNBC he believes his agency will be able to regulate the relationship between Bloomberg's trading business on its terminals and its news arm.
The head of Societe Generale's Russian unit Rosbank faced up to seven years in jail for bribery on Thursday after Russian investigators released a film of him with cash piled on his desk.
Lawyers for JPMorgan Chase have demanded that Bloomberg hand over five years' worth of employee logs, as the bank considers whether to take legal action against the news and data group, the FT reports.
President Obama said IRS conduct targeting conservative groups for extra tax scrutiny was "inexcusable" and that acting IRS Commissioner Steven Miller is out.
The top Republican lawmaker in charge of oversight of the IRS set a hearing to probe the agency's admission that it gave extra scrutiny to conservative "Tea Party" groups.
Philip Falcone and his hedge fund Harbinger Capital have reached an agreement with the U.S. Securities and Exchange Commission that would require the firm to pay $18 million.
Bond insurer MBIA and Bank of America have reached a settlement in an ongoing legal dispute, and BofA will pay MBIA $1.6 billion, the companies said on Monday.