Regulators Fine Citi $136M for Failing to Fix Longstanding Data Issues July 11, 2024 By Michelle Price, Pete Schroeder and Tatiana Bautzer U.S. bank regulators fined Citigroup $136 million for making “insufficient progress” fixing data management issues identified in 2020 and required...
As Supreme Court Decisions Loom, a Legal Assault Is Weakening SEC’s Power June 12, 2024 By Chris Prentice and Michelle Price A legal assault on the U.S. Securities and Exchange Commission is chipping away at its powers to oversee Wall Street...
SEC Says No to New Crypto Rules; Coinbase Asks Court to Review December 18, 2023 By Chris Prentice and Michelle Price The U.S. Securities and Exchange Commission on Friday denied a petition by Coinbase Global seeking new rules from the agency...
16 Wall Street Firms Fined $1.8B for Talking Deals, Trades on Personal Apps September 28, 2022 By Michelle Price U.S. regulators on Tuesday fined 16 financial firms, including Barclays, Bank of America, Citigroup, Credit Suisse, Goldman Sachs, Morgan Stanley...
Letitia James Announces She Will Run for New York Governor November 1, 2021 By Michelle Price and Michael Sisak New York Attorney General Letitia James formally announced Friday that she is running for governor, a widely anticipated move from...
New York City to Hire Forecaster, Beef Up Warnings After Ida Flooding September 29, 2021 By Michelle Price New York City is planning to hire a private weather forecaster, install more drainage features and issue earlier and more...
The Regulatory and Legal Risks Facing Online Broker Robinhood July 2, 2021 By Chris Prentice and Michelle Price Robinhood Markets Inc, the online brokerage at the center of this year’s retail trading frenzy, disclosed on Thursday previously unreported...
After Helping Shepherd Pandemic Loans, Banks Now Brace for Regulatory Risks October 21, 2020 By Lawrence Delevingne, Michelle Price and Koh Gui Qing Banks that facilitated the U.S. government’s Paycheck Protection Program at first saw the effort as a small revenue booster with...
China Urges Local Firms to List in London with China Pacific Insurance Leading the Pack May 18, 2020 By Abhinav Ramnarayan, Julie Zhu and Michelle Price China is urging domestic companies to look at listing in London, several sources told Reuters, as the country aims to...
RBS Risk Manager Gets Day in U.S. Court Seeking Whistleblower Payout May 13, 2020 By Michelle Price and Sinead Cruise The U.S. Second Circuit Appeals Court on Tuesday considered arguments by an ex-Royal Bank of Scotland employee who is suing...