Mar 7, 2012 A Federal Jury in Texas has convicted Allen Stanford of defrauding investors to the tune of $7 billion in a Ponzi scheme.
Heidi N. Moore
Feb 29, 2012 J.P. Morgan Chase is posting record profits and opening hundreds of new branches. But most depositors don’t make the bank any money at all.
Feb 23, 2012 Prop trading, as it’s called on Wall Street, is the target of the Volcker Rule, a centerpiece of the Dodd-Frank financial reform act. Marketplace’s Paddy Hirsch explains what proprietary trading is, and why it’s potentially dangerous for our savings and the financial system.
Feb 23, 2012 Several of Europe's biggest banks are reporting billion dollar losses today and yet, banks are handing out billions in bonuses and getting a lot of flack for it.
Feb 15, 2012 New research shows that work 100+ hours a week as an investment banker -- or a lawyer or software engineer -- can be a big hazard.
Feb 10, 2012 From Lloyd Blankfein's support of gay marriage to Steve Jobs' high school GPA, why do we know more about the lives of CEOs than ever before?
Feb 8, 2012 Capital One wants to link up with the Internet Bank ING Direct USA in a $9 billion deal, but it has to get approval from the Federal Reserve.
Stacey Vanek Smith
Feb 2, 2012 Mark Zuckerberg will follow a tradition of CEOs who earned just $1 a year. Sort of. Facebook isn’t struggling, so what’s his point?
Feb 1, 2012 JC Penney CEO Ron Johnson, formerly of Target and Apple, explains how he hopes to move the company forward -- in part by looking back to the heyday of department stores.