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financial industry

Morgan Stanley Settles Block Trading Charges with $249.4 Million Payment

According to U.S. authorities, Morgan Stanley has agreed to pay $249.4 million to settle allegations of making false statements related…

Wells Fargo Faces Lawsuit Alleging Overtime Pay Violations Amid Unionization Drive

In a recent development, an employee of Wells Fargo & Co (WFC.N) has taken legal action against the bank, alleging…

Goldman Sachs to Initiate Fresh Round of Job Cuts: Here’s What You Need to Know

According to insiders familiar with the matter, Goldman Sachs is gearing up for a new round of job cuts targeting…

Credit Suisse Faces Potential Litigation as AT1 Bondholders Retain Law Firm

A group of Credit Suisse AT1 bondholders, who were wiped out by the bank's planned merger with UBS, have hired…

Pro Bono, Hiring, and Innovation in the Legal Industry for August 2021

The National Law Review offers another edition of its legal industry news column. Here are the latest NLR news highlights…