Financials

The U.S. Securities and Exchange Commission suffered a defeat on Wednesday, as a judge said it failed to prove private equity fund manager Lynn Tilton defrauded investors by hiding the poor performance of assets underlying three debt funds.

The U.S. Securities and Exchange Commission suffered a defeat on Wednesday, as a judge said it failed to prove private equity fund manager Lynn Tilton defrauded investors by hiding the poor performance of assets underlying three debt funds.

Cybersecurity and fraud prevention advisor Frank Abagnale on Monday said the recent Equifax data breach that may have affected over 140 million Americans is possibly a buildup to one monumental cyber breach event.

Cybersecurity and fraud prevention advisor Frank Abagnale on Monday said the recent Equifax data breach that may have affected over 140 million Americans is possibly a buildup to one monumental cyber breach event.

Wells Fargo & Co. has hired law firm Sidley Austin to take the lead in preparing Chief Executive Tim Sloan for his appearance before the U.S. Congress next month to answer questions about a year-long sales practices scandal, according to four sources with knowledge of the decision.

Wells Fargo & Co. has hired law firm Sidley Austin to take the lead in preparing Chief Executive Tim Sloan for his appearance before the U.S. Congress next month to answer questions about a year-long sales practices scandal, according to four sources with knowledge of the decision.

The Financial Industry Regulatory Authority said on Monday it ordered Wall Street investment bank and securities brokerage Morgan Stanley to pay $13 million in fines and restitution to clients for inadequately supervising certain short-term trades.

The cyber hack of 143 million customers is going from bad to worse for the company.

The cyber hack of 143 million customers is going from bad to worse for the company.

Chubb CEO Evan Greenberg on the impact on the insurance industry of the recent hurricanes and earthquakes.

Tim Sloan, the chief executive officer of Wells Fargo, is due to testify before the Senate Banking Committee on October 3, said sources familiar with the scheduled meeting.

One of China's biggest bitcoin exchanges says it will end trading after news reports regulators have ordered all Chinese exchanges to close caused the price of the digital currency to plunge.

JPMorgan Chase & Co will invest $40 million over three years in Chicago to revitalize neighborhoods, finance small business growth and promote job skills training, the bank said on Thursday.

JPMorgan Chase & Co will invest $40 million over three years in Chicago to revitalize neighborhoods, finance small business growth and promote job skills training, the bank said on Thursday.

The technology hub of San Francisco surpassed the nation's capital last year as the highest-earning large U.S. metropolitan area.

The technology hub of San Francisco surpassed the nation's capital last year as the highest-earning large U.S. metropolitan area.

An investment analysis over the summer of the credit reporting company turned up some red flags for one firm.

An investment analysis over the summer of the credit reporting company turned up some red flags for one firm.

Wells Fargo CEO Tim Sloan discusses the bank's phony account scandal.

Miami's financial district experienced significant flooding from Hurricane Irma. Banks are unsure when their offices can reopen.