Stacey Vanek Smith
Aug 1, 2013 The SEC has scored its first court victory related to the financial crisis. A federal jury found former Goldman Sachs trader Fabrice Tourre liable for defrauding investors in a subprime-mortgage securities deal just before the housing market collapsed.
Jul 23, 2013 The Senate Banking Committee is holding a hearing today on bank investments in things like warehouses and oil refineries, and commodities such as metals and oil.
Jul 18, 2013 Bank of America is the latest major U.S. bank to report strong profit growth. But does the mean the economy is healing?
Aug 1, 2013 A former Goldman Sachs trader known as "Fabulous Fab" has been found liable in a mortgage securities fraud case. During the case, a judge asked to ban jargon. But because bankers aren't able to resist -- and for your own knowledge -- here's a primer to help.
Jul 16, 2013 Goldman Sachs reported its latest business results on Tuesday. Profits -- as measured by net income -- hit $1.9 billion in the second quarter, twice the performance of the quarter before.
Stacey Vanek Smith
Jul 15, 2013 Fabrice Tourre, who dubbed himself “Fabulous Fab” back when he was a Goldman Sachs trader, went on trial Monday for alleged fraud during the financial crisis.
Jun 11, 2013 It's standard practice in today's business world that the focus should be on increasing value to shareholders. But it hasn't always been that way.
May 22, 2013 Allan Sloan, senior editor at large for Fortune magazine, explains why he voted to allow Jamie Dimon to keep his dual role as CEO and Chairman of JPMorgan Chase.
May 21, 2013 Mike Mayo, banking analyst with CLSA, joined Marketplace Morning Report prior to today's shareholder meeting to discuss.
May 20, 2013 Things have been electric on the Japanese stock market recently. But the country is in need of energy and is hunting for it in innovative ways.