IB advisor now sentenced 12 years in prison for fraud, buys Lamborghini
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A former advisor sentenced 12 years in prison highlights the consequences of financial fraud and the need for oversight.
SEC Charges Morgan Stanley For Failure To Prevent Theft of Investor Funds
The SEC has taken action against Morgan Stanley Smith Barney LLC (MSSB) for not doing enough to supervise its financial advisors, who stole millions of dollars from clients.
Massive Banks Are Now Accused of Cheating Customers Billions
Massive banks are now accused of cheating customers billions of dollars in interest payments according to financial reports.
JPMorgan Cuts 500 Additional Jobs Following New Layoffs
JPMorgan has cut 500 additional jobs following the new layoffs in First Republic Bank where more than 1,000 employees were let go.
Crisis: US Banks Are Now Cutting 3,000 Roles Globally
US banks are now cutting 3,000 roles globally across most of its key divisions. JPMorgan Chase, Morgan Stanley, and more. Banking news.
