| | | NEW YORK (Reuters) - Attorneys for five former aides of convicted swindler Bernard Madoff wrapped up nearly 20 hours of closing arguments on Wednesday, capping their courtroom campaign to convince a federal jury that their clients never knowingly joined in their boss's Ponzi scheme. | | | | | | (Reuters) - Herbalife Ltd said on Wednesday that the U.S. Federal Trade Commission had opened an inquiry into its operations, news that briefly sent the nutrition and weight loss company's share price down more than 16 percent. | | | | | NEW YORK (Reuters) - LPL Financial Holdings, one of the fastest-growing U.S. broker-dealers, has terminated employment agreements for its top executives but sweetened some of their benefits and paid two of them $500,000 apiece for giving up the contracts. | | | | | | | WASHINGTON (Reuters) - A U.S. Department of Labor official on Wednesday offered a sneak peak into a controversial plan to tighten regulation of retirement financial advisers, saying it will both minimize conflicts and still permit brokers to earn a living. | | | | | | | (James Saft is a Reuters columnist. The opinions expressed are his own) | | | | | | | WASHINGTON (Reuters) - The U.S. consumer watchdog is investigating companies that link cash-strapped wage earners to payday lenders, according to a document on the Consumer Financial Protection Bureau's (CFPB) website. | | | | | (Reuters) - Wall Street watchdog FINRA said Wednesday it is struggling to find enough arbitrators to handle a mounting number of claims from investors who lost money in closed-end Puerto Rico bond funds. | | | | | | | SAN FRANCISCO (Reuters) - King Digital Entertainment Plc struck gold with "Candy Crush Saga," the runaway hit that made its way onto hundreds of millions of smartphones and spawned a $1.5 billion franchise. | | | | | | NEW YORK (Reuters) - In the retirement planning space, there are two realities. | | | | | WASHINGTON (Reuters) - A former Credit Suisse AG banker pleaded guilty on Wednesday to conspiring to help U.S. customers evade taxes by using Swiss accounts, and said he did so with the encouragement of his superiors, according to documents filed in court. | | | | | | | | The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day. Register Today | | | | | | | A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today | | | | | » MORE NEWSLETTERS | |
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