Ex-strategist can sue UBS as whistleblower: U.S. judge

By Reuters

UBS AG lost a bid Tuesday to dismiss a whistle-blower lawsuit by a former commercial mortgage-backed securities strategist who said he was fired for refusing to publish misleading research reports. (May 22)

MORE TOPICS: UBS AG, COURT, NEW YORK, LAWYER, LAWSUIT, MORTGAGE

Sony PS4 Release Date: Gaming Console to be Revealed at E3, Launch Likely During Thanksgiving Holiday [VIDEO]

By IBTimes IN

Even as speculations on the release date of Sony's much-awaited next-generation gaming console, PlayStation 4 (Sony PS4) is doing the rounds, the Japanese company has announced that it will reveal the look of the console on 10 June at E3. (May 22)

MORE TOPICS: MICROSOFT, AMD, CALIFORNIA, INDIA, SONY, LOS ANGELES

Wall Street watchdog to review broker bonus disclosure plan in July

By Reuters

Wall Street's watchdog will present a plan to its board in July that would require brokers to tell certain clients about compensation they receive when they switch firms, the regulator's chief said on Tuesday. (May 22)

Prosecutors' subpoena of SAC's Cohen puzzles defense lawyers

By Reuters

The decision by prosecutors to compel Steven A. Cohen to testify before a federal grand jury about allegations of insider trading at his $15 billion hedge fund is leaving many criminal defense lawyers scratching their heads. (May 21)

MORE TOPICS: HSBC, MORGAN STANLEY, THE NEW YORK TIMES, NEW YORK, LAWYER, LAWSUIT

SAC Capital won't fully cooperate with government: letter

By Reuters

Steven A. Cohen's hedge fund SAC Capital Advisors told investors on Friday it would no longer cooperate "unconditionally" with the U.S. government's insider trading investigation. (May 18)

MORE TOPICS: NEW YORK, LAWSUIT, INSIDER TRADING, SETTLEMENT

Investor group calls on SEC to review change in JPMorgan voting

By Reuters

Pension and endowment managers on Friday called on U.S. regulators to review the rules for shareholder voting after a firm collecting ballots for JPMorgan Chase & Co cut off polling information to the bank's opponents. (May 18)

MORE TOPICS: JPMORGAN CHASE, FLORIDA, NEW YORK, MANAGEMENT, LONDON

Gold Extends Losing Streak as Fed Signals QE Exit

By IBTimes UK

Analysts expect gold prices to fall to $1,100 an ounce in a year and below $1,000 in five years. (May 17)

MORE TOPICS: GOLD, FEDERAL RESERVE, GEORGE SOROS, GOLD PRICES, MANAGEMENT, CREDIT SUISSE

White says SEC not now writing political spending rule

By Reuters

The head of the Securities and Exchange Commission told lawmakers on Thursday that her agency, despite pressure from liberal groups, is not currently drafting a rule that would call for public companies to disclose their political spending. (May 17)

MORE TOPICS: BARACK OBAMA, GEORGE SOROS, LAW SCHOOL, INVESTMENT, CONGRESS

Fraud claims versus Goldman over Abacus CDO are dismissed

By Reuters

Goldman Sachs Group Inc <GS.N> won dismissal on Tuesday of fraud claims brought by a bond insurer over a CDO tied to subprime mortgage securities called Abacus. (May 15)

MORE TOPICS: GOLDMAN SACHS, COURT, NEW YORK, SUPREME COURT, MORTGAGE

Sony PS4 Release Date: Gaming Console Teaser Leaked Online Ahead of E3? [VIDEO]

By IBTimes IN

Even as speculations on the release date of Sony's much-awaited next-generation gaming console, PlayStation 4 (Sony PS4) is doing the rounds, a video alleged to be the console has hit the internet. (May 14)

MORE TOPICS: AMD, CALIFORNIA, SONY, INVESTMENT, LOS ANGELES