Markets have experienced massive upheaval in the last month, prompted in part by two of the three largest banking failures in U.S. history while Swiss lender Credit Suisse was bought by rival UBS Group AG in a merger engineered by Swiss regulators. Fears of ...Read More

Ex-Morgan Stanley investment advisor Darryl Cohen and three accomplices were charged with allegedly defrauding current and former NBA players out of millions of dollars. In the indictment, which was unsealed on Thursday, Damian Williams, the United States Attorney for the Southern District of New York, and ...Read More

JPMorgan is facing a lawsuit from a couple who are accusing the bank of improperly drilling open their safe deposit boxes and selling off millions of dollars’ worth of jewels and other personal property that was inside. Jorge and Stella Araneta, who live in ...Read More

Leaders of the Senate’s banking committee on Thursday warned former chief executive officers at the failed Silicon Valley Bank and Signature Bank that they expect them to testify before the panel, saying in a letter to each: “you must answer for the bank’s downfall.” The committee is examining ...Read More

As the crypto industry continues to seek regulatory clarity from regulators in Washington, D.C., regulators are nonetheless taking targeted action against a variety of players in the space. The U.S. Securities and Exchange Commission in particular has been busier than ever, investigating and fining ...Read More

The US Securities and Exchange Commission (SEC) has issued an official investor alert warning against investing in crypto assets that may not comply with US laws. This follows several lawsuits the regulator has brought forward against notable figures, such as Justin Sun of Tron, and various celebrity ...Read More

The Securities and Exchange Commission issued crypto exchange Coinbase a Wells notice, warning the company that it identified potential violations of U.S. securities law. Coinbase shares fell nearly 12% in extended trading after the news broke on Wednesday, adding to an 8.16% drop during regular trading ...Read More