A leading Wall Street investment bank’s top executive claims to have been “defrauded” in the bankruptcy saga surrounding First Brands Group, a collapse that now threatens a chain reaction across ...

The former CEO of Abercrombie & Fitch, Mike Jeffries, has been arrested on sex trafficking and interstate prostitution charges, prosecutors announced Tuesday. Jeffries has been arrested in West Palm ...

(CNN) — Several financial groups are wrestling with bad loans, raising worries on Wall Street of more to come. For weeks, investors have focused on Jefferies Financial Group, an investment bank that ...

This is read by an automated voice. Please report any issues or inconsistencies here. Zions Bank, Western Alliance, and Jefferies disclosed bad loans, sending their stocks plummeting as JPMorgan’s CEO ...