Apr 18, 2012 Fifty-five percent of the bank's shareholders voted against pay packages for top execs, including $15 million in compensation for CEO Vikram Pandit. The vote is advisory only, though, and thus doesn't actually force a change in Citi's pay practices.
Oct 18, 2013 Shadow banking has grown since the financial crisis. Sr. Producer Paddy Hirsch casts a light on the system and explains why it's so dangerous.
Mar 14, 2012 The stock market had its best day of the year yesterday, in large part due to a pleasant surprise, in the form of a report card on stress tests that were taken by the big banks.
Mar 14, 2012 Probing deeper into the cracks that emerged when the Federal Reserve did the torture test on banks, it's tough to get past the few that did not make the grade.
Mar 13, 2012 Whistleblowers at American corporations are sending thousands more tips to the Securities and Exchange Commission to take advantage of a program that can make turning in your employer more lucrative than winning the lottery.
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 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 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.