Fed still gauging extent of hacker breach, FBI on case
Feb 7 (Reuters) - The U.S. Federal Reserve said on Thursday it was still working to determine the extent its computer systems had been breached by hackers, adding that the...
All Stories
Critics of $8.5 billion pact challenge BofA mortgage modifications
NEW YORK/CHARLOTTE, North Carolina (Reuters) - A group of mortgage-backed securities investors says Bank of America Corp failed to buy back more than $30 billion in loans from investors after...
Jefferies CEO made $45 million in 2012, including grants
(Reuters) - Jefferies Group Inc paid Chief Executive Richard Handler $45.2 million in 2012, making him one of Wall Street's most highly compensated executives, according to a securities filing on...
Treasury needs exit plan for Ally Financial: watchdog
(Reuters) - The U.S. Treasury needs to develop a concrete plan for exiting its 74 percent stake in auto lender Ally Financial Inc, the second-largest remaining recipient of federal bailout...
BofA’s Moynihan calls for renewed focus on customers
(Reuters) - Bank of America Corp must focus on improving customer service as it moves past its crisis-era problems, CEO Brian Moynihan said in a letter sent to employees, signaling...
Crisis questions linger as Geithner exits public stage
(Reuters) - As U.S. Treasury Secretary Timothy Geithner prepares to step down on Friday, former colleagues are posing awkward questions about an allegation he leaked information on a planned interest...
JPMorgan looks to block shareholder proposal on bank break-up
(Reuters) - A federation of U.S. labor unions is looking to force JPMorgan Chase's board to consider breaking up the company after the disastrous "London Whale" affair, but the bank...
Morgan Stanley CEO Gorman made $6 million for 2012: source
(Reuters) - Morgan Stanley Chief Executive Officer James Gorman received lower compensation for 2012 after a difficult year for the bank in which profits declined. Gorman received $6 million in...
Bank of America appoints two new directors
(Reuters) - Bank of America Corp on Wednesday appointed two new directors as the second-largest U.S. bank continues to revamp a board that is likely to lose members to retirement...
Goldman seeks to block vote on independent chairman
(Reuters) - Goldman Sachs Group Inc wants to block a shareholder vote on a proposal to require an independent chairman, trying to halt the latest effort to split the CEO...