Topic: Bank Executives

JPMorgan Chase: Loss to force three executives to resign?

JPMorgan Chase loss of $2 billion has caused Chief Investment Officer Drew to tender her resignation, a source says. Two of her subordinates involved in the JPMorgan Chase loss are also expected to resign.

Volcker rule gets SEC backing

Volcker rule: The proposed ban on banks trading for their own profit got support from the SEC. The Volcker rule is part of the Dodd-Frank financial regulation overhaul.

Too big not to despise

Statistics about the largest financial institutions' earnings make it hard to like them

Top 5 insider trading convictions

Raj Rajaratnam, a wildly successful hedge fund manager, was sentenced and fined Oct. 13 on fraud and conspiracy counts for using insider information to make more than $50 million. Prosecutors called it the largest insider-trading case ever for a hedge fund. So how does his conviction stack up against other insider traders in the United States who were found guilty? Here's a look at the Top 5 convicted insider traders:

Dhobi Ghat (Mumbai Diaries): movie review

'Dhobi Ghat' ('Mumbai Diaries') is an amalgam of soap opera and street-level realism.

Chelsea Clinton wedding ceremony to be in upstate New York village

Chelsea Clinton will marry fiance Marc Mezvinksy in Rhinebeck, New York, on July 31.

Goldman Sachs under fire: Is Wall Street cheering or cowering?

On Wall Street, Goldman Sachs is admired to a certain extent for its ability to generate profits. But the firm is also resented for a certain swagger.

How does Conan O'Brien's severance stack up on Wall Street?

NBC's $40 million severance to Conan O'Brien is worth 15 lifetimes of work for the average American. But it's no lollapalooza on Wall Street.

Financial Crisis Inquiry Commission: Top bankers contrite, sort of

At the first hearing of the Financial Crisis Inquiry Commission on Wednesday, top Wall Street executives acknowledge banks' role in the 2008 financial crisis but defend fat paychecks for employees.

Obama and 'fat cat' bankers. It’s about more than lending.

He isn’t fighting Wall Street as much as lawmakers who take campaign money from the financial industry. To win passage of reforms for the industry, the president needs to take on Democrats with sticky fingers and who ignore Main Street.

Money Daily Brief: G20 is world's new economic order

Investors worry that G20 limits on bankers' pay would hurt financial stocks.

Paulson: I wish Barney Frank were a Republican

Paulson to defend bailout response to crisis

The sole witness at a House hearing Thursday, the former Treasury Secretary will also defend his role in pushing the merger of Bank of America and Wall Street giant Merrill Lynch.

Lawmakers chide Paulson for 'unchecked government power'

In Thursday's hearing, they pointed to the Bank of America-Merrill Lynch merger as evidence of a system that had spun out of control.

Did Fed chief Bernanke threaten Bank of America officials on merger?

Or did the bank's CEO engage in an 'old-fashioned shake down' in seeking a government bailout?

How Obama could prevent firms from becoming 'too big to fail'

Greater enforcement of antitrust laws needed to address deals by investment banking 'Geishas.'

Former Treasury Secretary Paulson to write a book

After Obama's Daschle mea culpa

His humility is welcomed, but now comes a test of competence in deep reforms.

Bank of America's $1.8 billion loss dims its prospects

Bank didn't foresee 'significant deterioration' in December. Merrill Lynch deal weighs on its future.