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Jeffrey Epstein Advised Sergey Brin With Tax Shelter
Business

Jeffrey Epstein Advised Sergey Brin With Tax Shelter

Epstein was advising Google co-founder Sergey Brin in 2007 on setting up a tax-saving trust for his children, according to new court documents. Source link

Morgan Stanley's Profit Falls, Hurt by Lower Trading Revenue
Business

Wall Street Wrestles With Dealmaking, Trading Slump

Morgan Stanley said second-quarter profit fell 13% from a year ago, driven by a 22% decline in trading revenue. Source link

Bonds Are a Problem, and One Solution, for Bank of America
Finances

Bonds Are a Problem, and One Solution, for Bank of America

Trading bonds is working out better than holding them. Source link

Morgan Stanley's Profit Falls, Hurt by Lower Trading Revenue
Finances

Morgan Stanley's Profit Falls, Hurt by Lower Trading Revenue

Results show that Wall Street-style businesses like investment banking and trading are still in the doldrums. Source link

U.S. Virgin Islands Seeks $190 Million From JPMorgan Over Epstein Suit
Finances

U.S. Virgin Islands Seeks $190 Million From JPMorgan Over Epstein Suit

The U.S. Virgin Islands filed the lawsuit last year alleging that the bank ignored red flags about Jeffrey Epstein’s behavior because he was bringing in

Bank of America Ordered to Pay $250 Million Over Wrongful Fees
Finances

Bank of America Ordered to Pay $250 Million Over Wrongful Fees

The CFPB also said the bank withheld credit card rewards and opened accounts without consent. Source link

Stocks Withstand Earnings-Day Declines From Goldman Sachs, Johnson & Johnson
Finances

Stocks Withstand Earnings-Day Declines From Goldman Sachs, Johnson & Johnson

Bank of America was among the other big companies reporting Tuesday. Source link

Credit Suisse Failed to Probe Nazi Past, Senate Committee Says
Finances

Credit Suisse Failed to Probe Nazi Past, Senate Committee Says

Credit Suisse Group AG failed to fully investigate recent allegations that it supplied bank accounts to Nazi party members before and after World War II,