More than 80% of the layoffs will be in Deutsche Bank's private and commercial clients division.
The Bank of America unit violated broker-dealer rules that require customer cash and securities be safeguarded in case a firm fails.
But capital markets execs expect only $15 billion in IPO proceeds this year, the lowest total since 2003.
The California-based adviser lied about being a CPA and funneled $33 million to a struggling online ticket business.
An SAP America executive received thousands of dollars in kickbacks for tipping his close friend in advance of SAP's purchase of Concur Technologies.
The manager traded in advance of FDA announcements approving the sale of generic drugs.
Is a new round of consumer credit losses on the way for financial institutions?
The case is the SEC’s first enforcement action under the municipal adviser anti-fraud provisions of the Dodd-Frank Act.
The trader placed orders for personal profit ahead of trades intended for Delta, according to the CME Group.
The interest rate on the 10-year German government bond has gone negative for the first time.