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Major Banks Reporting High Legal Expenses

Summary: As government agencies continue to review evidence against banks for any wrongdoing committed during the financial crisis, these banks…

Bank of America Profits Plummet in Third Quarter

Summary: After settling a multibillion-dollar lawsuit with state and federal agencies, Bank of America’s profits declined due to lingering effects…

Senator Elizabeth Warren Slams Banking Regulatory Agencies

Summary: Senators criticized the Department of Justice and banking regulatory agencies for failing to take stern action against bankers whose…

Bank of America to Pay $17 Billion for Its Role in Housing Bubble Burst

The largest settlement to emerge from the financial crisis of 2008 has been approved, according to the Huffington Post. The…

Employers Hiring in August This Week

There are thousands of legal employers that are currently looking for new employees using LawCrossing. Visit LawCrossing and help them…

NYC Tax Attorney Openings

Working as a tax attorney in New York City can be very rewarding, whether you are employed at a law…

Orbital Sciences Corporation to Merge with Alliant Techsytems

Orbital Sciences Corporation announced today that it has entered into a definitive agreement with Alliant Techsystems Inc. which will combine…

Hedge Funds Lowered Bullish Bets on Gold

For a fourth week, Bloomberg News has reported that hedge funds have lowered bullish bets on gold in the longest…

China’s Export Slump

A senior China economist at Citigroup Inc. in Hong Kong, Ding Shuang said, “I don’t see a future for these…

Mark Carney Currency-Manipulation Scandal

Mark Carney, the Governor of the Bank of England since July 2013, is seeking to defend the integrity of an…

The Charges are the First Related to Manipulation of U.S. Dollar

Three former Barclay’s employees have been charged by British prosecutors with conspiring to manipulate the benchmark interest rates. Barclays is…

EU Fines Banks for Market Rigging

  The biggest penalty yet was handed down to banks for rigging the benchmarks which are used to determine the…