Financials

Are Pawn Shops the New Bank?

American Jewelry and Loan Owner, and star of ‘Hardcore Pawn,’ Les Gold on why the business at pawn shops is an indicator of how the economy is doing and how they fill the short-term lending void not filled by banks.

Merrill Lynch to Pay $415M for Misusing Customer Cash: SEC

Bank of America Corp's Merrill Lynch unit will pay $415 million and admit to wrongdoing to settle charges that it misused customer cash to generate profits and failed to safeguard their securities from creditors, the U.S. Securities and Exchange Commission said on Thursday.

Merrill Lynch to Pay $415M for Misusing Customer Cash: SEC

Bank of America Corp's Merrill Lynch unit will pay $415 million and admit to wrongdoing to settle charges that it misused customer cash to generate profits and failed to safeguard their securities from creditors, the U.S. Securities and Exchange Commission said on Thursday.

More Risk Could Lead to More Economic Reward

In the aftermath of the worst financial crisis since the Great Depression, risk became a four-letter word U.S. regulators worked diligently to squash, but one man says it's a practice critical to reigniting economic growth.

More Risk Could Lead to More Economic Reward

In the aftermath of the worst financial crisis since the Great Depression, risk became a four-letter word U.S. regulators worked diligently to squash, but one man says it's a practice critical to reigniting economic growth.

The U.S. Banks Fighting Brexit

With the historic 'Brexit' vote looming, many in the financial world are anticipating how this will impact the global financial system.

The U.S. Banks Fighting Brexit

With the historic 'Brexit' vote looming, many in the financial world are anticipating how this will impact the global financial system.