Angelo Mozilo, former CEO of Countrywide Financial, must face trial on charges he misled investors about the risks associated with subprime lending, a judge in Los Angeles ruled.
U.S. District Judge John F. Walter denied reques…
Regulators may outline new rules to target so-called window dressing, a practice that some banks use to temporarily reduce their debt levels before reporting their finances.
The SEC is scheduled to raise the matter at a meeting on Friday, then issue …
Wall Street titan Goldman Sachs has been fined �20m ($31 million) by British financial authorities for failing to disclose it was under investigation by the Securities and Exchange Commission — an inquest which ultimately le…