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New York’s Attorney General and the U.S. Justice Department are both suing Bank of New York (NYSE:BK) for allegedly defrauding clients in forex transactions.
Hot Feature: Merkel Willing to Back Plan to Recapitalize European Banks
A YouTube (NASDAQ:GOOG) message, purportedly posted by hacker group Anonymous, threatens to erase the NYSE from the Internet on October 10.
UBS (NYSE:UBS) heads of Global equities, Francois Gouws and Yassiine Bouhara, have resigned. Mike Stewart has been appointed to take their place.
AIG (NYSE:AIG) has filed a petition with the U.S. Court of Appeals to overturn a $45 million award to SunTrust (NYSE:STI) related to mortgage contracts.
Don’t Miss: IMF Outlines Strategy to Tackle Slowing Growth in Europe
A HUD OIG audit finds that Bank of America (NYSE:BAC) should face fraud charges related to handling and servicing of loans for federally insured mortgages by its Countrywide unit.
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