Goldman Sachs said that the U.S. securities regulator is probing whether the bank is complying with a law that bars American companies from bribing foreign officials... more
Former Deloitte & Touche partner and his wife are charged with insider trading in the US after allegedly sending confidential information to relatives in London... more
Royal Bank of Scotland could still sue Goldman Sachs after the Wall Street giant was fined $550 million (£357.73 million) to settle fraud charges of misleading investors... more
Staff at the Securities and Exchange Commission in Washington DC spent hours surfing pornographic websites while they were supposed to be policing America’s financial system during the recession... more
The City regulator escalates its investigation into Goldman Sachs, making it clear that it wants to interview executives at the bank in London including Fabrice Tourre, the architect of the alleged subprime mortgage fraud... more
City Comment: For Goldman Sachs today, read Arthur Andersen in the aftermath of the collapse of Enron in 2003. Will the aftershocks of the fraud allegations bring about its fall?... more
American authorities have filed the first criminal charges against Sir Allen Stanford's financial empire after his chief investment officer was accused of lying to investigators... more
American authorities have filed the first criminal charges against Sir Allen Stanford’s financial empire after his chief investment officer was accused of lying to investigators... more
Scandal: Top Wall Street economist, Henry Kaufman, dubbed Dr Doom for his bearish predictions, has emerged as a big loser in the Bernard Madoff scandal... more
The alarm bells in the $50 billion fraud by disgraced American financier Bernard Madoff had been ringing for years but US regulators admitted they ignored them... more
Regulation: Veteran regulator Mary Schapiro is to get the tricky job of restoring confidence in key US watchdog the Securities and Exchange Commission under the new Barack Obama administration... more
It would be harsh and largely ridiculous to blame one man for the unfolding financial crisis, but if you feel in unforgiving mood Hank Paulson will do... more
Finance: America's banks were last night promised clearer and easier rules on how to value toxic debts, which could help them to bolster their balance sheets... more
Markets: Presidential hopeful John McCain says he would sack the chairman of the Securities and Exchange Commission (SEC) — his fellow Republican Christopher Cox — for allowing financial markets to be used as “a casino”... more
The US Securities and Exchange Commission has sent subpoenas to more than 50 hedge-fund advisers as part of its investigation into whether individuals spread false rumours to manipulate shares of two Wall Street firms... more
Companies pay the agencies to rate their securities, creating a conflict of interest. It is as if one side in a football match paid the referee... more
US watchdog the Securities and Exchange Commission (SEC) is planning to sideline ratings agencies that have come under fire for failing to predict the subprime crisis and subsequent credit crunch... more
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