MF Global

6 results

Chelsea Clinton campaigns for her mother Iowa. In 2011, she had serious concerns about her father’s involvement in a New York   consultancy firm. Photograph: Jim Lee/Sioux City Journal via AP

Aside from disclosing the secret of how to make the perfect risotto, fretting about his socks, and pondering “Why is [CNN anchor] Jake Tapper such a d(...)

PwC  had been accused of failing to catch a multibillion-dollar conspiracy between executives at Taylor, Bean & Whitaker and counterparts at Colonial Bank.

PwC has settled a lawsuit brought against it over one of the biggest bank collapses in US history, in a landmark case that shone a light on the respon(...)

Bank of America Merrill Lynch: admitted wrongdoing to settle Securities and Exchange Commission charges that it failed to safeguard about $60 billion of customer assets – and profited from the practice. Photograph:  Aidan Crawley

US regulators have launched a crackdown on finance companies that mix client money with their own as the watchdog issued its second biggest Wall Stree(...)

David Drumm  has retained high-profile attorneys Edward McNally and Daniel Fetterman, partners at the New York firm Kasowitz, Benson, Torres and Friedman, according to a filing made in the US District Court for Massachusetts in Boston. Photograph: Josh Reynolds

Former Anglo Irish Bank chief executive David Drumm has strengthened his legal team by hiring two more top lawyers ahead of a bail hearing on Monday i(...)

Navinder Singh Sarao outside Westminster magistrates’ court, is accused of helping trigger a multibillion-dollar US stock market crash. Photograph: Dominic Lipinski/PA

Clad in a cheap, unbranded grey sweatshirt and matching tracksuit bottoms, Navinder Singh Sarao sat in silence in the dock of court number five at Wes(...)

The sun sets on the address where Nav Sarao Futures Limited is registered, in Hounslow, London April 21, 2015. Navinder Singh Sarao, a high-frequency trader, was arrested in the United Kingdom over charges he manipulated the futures market and played a role in sparking the May 2010 “flash crash”, the US Justice Department said on Tuesday. Through his company Nav Sarao Futures Limited Plc, Sarao profited to the tune of $40 million, the CFTC said, adding that his alleged manipulation stretched over the period from 2010 to 2014 and continued at least through early April of this year. (Photograph: Neil Hall/Reuters)

From a modest stucco house in suburban west London, where jetliners roar overhead on their approach to Heathrow Airport, a small-time trader was abou(...)