Sprint raises Clearwire offer, not enough for some

Sprint Nextel Corp raised its buyout offer for wireless service provider Clearwire Corp to $3.

Risky Bank Debt Insurance Costs Drop as New Rules Loom

Traders and investors are dumping contracts designed to protect them against losses on bank bonds, not because they feel more relaxed about the risk on these bonds, but because proposed new rules on how these insurance-like instruments work could render older contracts worthless.

Credit Suisse replaces Morgan Stanley as No. 2 Asia prime broker

The Asian prime brokerage unit of Credit Suisse has replaced Morgan Stanley as the second largest firm servicing the region's $148 billion hedge funds industry, a survey showed.

Shareholders to Decide Dimon's Fate Today

Despite being  Wall Street's most successful executive, Jamie Dimon faces a shareholder vote on whether he should be allowed to remain the bank's chairman and CEO. 

Sprint Raises Clearwire Bid, Starts Talks With Dish

The wireless carrier boosted its offer for the remaining stake in Clearwire by 14%, averting a shareholder vote Tuesday that was expected to go against Sprint. Meanwhile, Sprint got the OK to enter talks with Dish about the satellite TV provider's competing bid for the wireless carrier.

JPMorgan, under pressure, gives polling information to investors

JPMorgan Chase & Co , under pressure from the New York Attorney General's office, has agreed to give investors information about upcoming ballot votes, after the company that collects votes on the measures stopped giving out polling information last week.

Prosecutors' subpoena of SAC's Cohen puzzles defense lawyers

The decision by prosecutors to compel Steven A.

Trade group SIFMA names ex-Senator Gregg as CEO

SIFMA, the U.S. securities industry's largest trade group, named former Senator Judd Gregg as chief executive officer, in a move that may signal a desire to mend fences with ordinary Americans and U.S. Congress.

Citi names new heads of mortgages, private bank, Citi Holdings

Citigroup Inc Chief Executive Michael Corbat named Jane Fraser as the new head of the bank's mortgage business on Monday ,as current CitiMortgage CEO Sanjiv Das plans to leave the bank to pursue other opportunities, according to an internal memo.

U.S. High Court to Hear Fidelity Case to Clarify Worker Protections

The Supreme Court said Monday that it will consider the scope of whistleblower protections written into a 2002 federal law that encourages employees at public companies to report fraud.