BlackRock failed to eliminate or disclose a conflict pertaining to a portfolio manager's dealings in the energy sector.
A report by the Volcker Alliance calls for a "long-delayed" reshaping of the U.S. bank regulatory system.
The defense contractor aims to bring "defense-grade" cyber-security solutions to enterprises and government assets.
The regulator, former CFTC Commissioner Gary Gensler, was a key player in the fight to impose tougher rules on Wall Street.
In the scheme, the SEC charges, the accused created as many as 22 blank check companies and passed them off as legitimate business enterprises.
The sale of some of GE Capital's loans and other assets in the first quarter caused a large one-time charge.
Groups say loopholes in securities laws allow activist investors to secretly buy large stakes in companies before initiating hostile takeovers.
The online marketplace for handmade crafts raises $267 million and jumps to $30 a share by market close.
Citigroup's operating expenses fell 10%, partly due to lower legal and related expenses.
Thomas Hoenig says "traditional banks" with minimal derivative holdings and large amounts of equity deserve some regulatory relief.