Wall Street banks News

Goldman Leads Wall Street Tapping Taiwan Cash Pile

Wall Street banks, including Goldman Sachs Group Inc. and Citigroup Inc., are rushing to issue U.S. dollar bonds in Taiwan after a rule change unlocked $586 billion of funds held by the island’s insurance companies. Goldman sold $974 million of …

U.S Comptroller Defends Settlements with Banks, Hits Critics

A top U.S. bank regulator on Tuesday offered a lengthy defense of entering into settlements with banks, taking a swipe at critics who have questioned whether regulators are aggressive enough in taking banks to trial. Comptroller of the Currency Thomas …

Banks Lose Bid to Limit ‘Hot News’ Republication of Analysts’ Research

A federal appeals court handed a major defeat to Wall Street banks in ruling that a financial news service did not misappropriate their analyst research for its website. Reversing a lower court ruling, the 2nd U.S. Circuit Court of Appeals …