Matt Robinson
KPMG to pay $50M fine for using data stolen from watchdog
NEW YORK – KPMG LLP, one of the big four accounting firms, will pay $50 million to settle Securities and Exchange Commission allegations that...
BofA to pay $415 million over claims it misused client funds
NEW YORK - Bank of America Corp. admitted to wrongdoing in settling a U.S. regulator’s allegations that it misused billions of dollars in customer...
S&P suspended, fined almost $80M in SEC, state cases
NEW YORK - Standard & Poor’s agreed to be suspended from rating the biggest part of the commercial-mortgage bond market and pay almost $80...
Funding at U.S. corporate pensions drops to 2014 low
NEW YORK – Falling interest rates have reduced the ability of U.S. corporate pension plans to fund their obligations to the lowest this year,...
S&P/Experian: Consumer default rates drop to eight-year low
NEW YORK – Individual default rates in the U.S. have dropped to their lowest level since before the financial crisis as consumer confidence rises...
CVS raises $4 billion in four-part bond sale to fund takeover
(Updated, Dec. 3, 2:14 p.m.)
NEW YORK – CVS Caremark Corp., the largest provider of prescription drugs in the U.S., raised $4 billion in a...
Great rotation seen muted by pension-fund demand
NEW YORK - A shift by household investors from bonds into equities that Bank of America Corp. dubbed the great rotation is being muted...
Financial conditions rise to record on debt talks
NEW YORK - U.S. financial conditions climbed to the highest level on record amid speculation lawmakers will agree to a deal to raise the...
State regulators in U.S. combine to probe structured-notes sales
NEW YORK - State regulators in the U.S. are combining forces to investigate whether brokers improperly sold structured notes, securities that package debt with...
Janney says U.S. aid cuts may impair state ratings
NEW YORK - Congressional cuts to U.S. spending, following a negative outlook on federal debt by Standard & Poor’s, may adversely affect state credit...
- Featured Event -
