Goldman unveils checks on conflicts in bid to fix image

After dozens of meetings with executives and regulators, 100,000 hours of employee training and an immeasurable amount of public grief, Goldman Sachs Group Inc CEO Lloyd Blankfein claimed success in putting his bank and his legacy back on track.

U.S. prosecutors sought testimony from top SAC executives: WSJ

U.S. prosecutors are seeking testimony from three senior executives of the $15 billion hedge fund SAC Capital Advisors, the Wall Street Journal reported on Thursday.

JPMorgan names Barry Sommers to head consumer bank

JPMorgan Chase said it has appointed Barry Sommers, under whom the bank expanded its services to wealthy clients, to head its Chase consumer bank business.

Former Chrysler, Fisker CEO launches venture fund with Penske

Tom LaSorda, the former chief executive of Chrysler Group LLC and Fisker Automotive, is launching a venture capital fund with racing magnate Roger Penske to invest in technology startups.

Ally to pay $2.1 billion to settle ResCap litigation

Ally Financial Inc agreed to pay $2.

JPMorgan appoints new consumer bank head

JPMorgan Chase said it has appointed Barry Sommers as chief executive of its consumer bank, which includes its wealth management unit.

Rue21 to go private in $1.1 billion deal

Teen-apparel retailer rue21 Inc said it agreed to be acquired by private equity firm Apax Partners in a deal valued at about $1.

UK regulator fines JPMorgan 3 million pounds

Britain's Financial Conduct Authority (FCA) said it has fined U.S. bank JPMorgan 3.

EU Wants Corporate Giants to Reveal National Tax Bills

European Commission's top regulatory official wants large companies should disclose how much tax they pay in each country where they operate.

Portuguese leaders build faith in bailout exit

President Anibal Cavaco Silva thanked Portugal's patron saint for a long-delayed approval of Lisbon's bailout review last week, but the head of state could claim a share of the credit for himself.