SEC Charges Financial Company and Its President with Engaging in Fraudulent Schemes to Boost Stock Price

SEC

The Securities and Exchange Commission today charged Medallion Financial Corp., a Delaware company headquartered in New York, NY, and its President and Chief Operating Officer, Andrew Murstein of New York, NY, with illegally engaging in two schemes in an effort to reverse the company’s plummeting stock price. read more »

Deutsche Bank fined almost $10 mln over Euribor controls

REUTERS

German financial regulator BaFin has fined Deutsche Bank (DBKGn.DE) nearly $10 million for controls related to the Euribor interest rate in a setback for the nation's largest lender as it seeks to restore its reputation. read more »