NEW YORK, Dec. 5 (UPI) -- The Reserve Primary Fund has said if push comes to shove it will use its investors' money to fight lawsuits brought on by the investors themselves.
NEW YORK, Nov. 28 (UPI) -- Attorneys have filed a lawsuit in New York charging The Reserve and TD Ameritrade with misleading investors who lost money in the Yield Plus fund.
NEW YORK, Nov. 11 (UPI) -- A soured investment in Lehman Brothers debt proved even a prudent U.S. investor can find trouble in the current financial environment.
NEW YORK, Oct. 18 (UPI) -- Lehman Brothers Chairman and CEO Richard Fuld Jr., has been summoned to talk to U.S. investigators looking into the investment firm's collapse, sources say.
WASHINGTON, Oct. 6 (UPI) -- Lehman Brothers Holding Inc. Chief Executive Officer Richard Fuld Jr. said regulators, the media and his own decisions contributed to the company's demise.
ZURICH, Switzerland, Oct. 3 (UPI) -- Swiss bank UBS said Friday it would trim its investment bank workforce by an additional 2,000 workers in the wake of a global financial crisis.
WASHINGTON, Sept. 25 (UPI) -- Foreign financial leaders have waived off the idea of engineering major bailouts for their own countries, leaving the United States to manage the triage alone.
WASHINGTON, Sept. 24 (UPI) -- The FBI has opened investigations into possible fraud at four entities at the center of the recent turmoil in the U.S. financial markets, officials said.
WASHINGTON, Sept. 22 (UPI) -- The U.S. Federal Reserve ended an era on Wall Street Sunday, agreeing to allow two investment banks to change structure to become bank holding companies.
NEW YORK, Sept. 21 (UPI) -- Once-hot merger discussions between ailing U.S. financial giant Morgan Stanley and retail banker Wachovia Corp. have slowed, sources say.
NEW YORK, Sept. 20 (UPI) -- Britain's Barclays Bank has been cleared by a New York bankruptcy judge to buy the core business assets of collapsed U.S. investment bank Lehman Brothers.
FRANKFURT, Germany, Sept. 19 (UPI) -- German officials threatened consequences for a state-owned bank that transferred $500 million to Lehman Brothers Holdings hours before it collapsed.
WASHINGTON, Sept. 18 (UPI) -- U.S. consumers' money in an insured bank is safe as long as its within the Federal Deposit Insurance Corp. coverage limits, the FDIC head said Thursday.
NEW YORK, Sept. 18 (UPI) -- Money market mutual funds, among the safest bets in the investment spectrum, have begun to show signs of strain, financial analysts said Wednesday.
WASHINGTON, Sept. 18 (UPI) -- The U.S. Federal Reserve moved to keep financial streams from choking Thursday, expanding swap lines to allow banks to borrow at lower rates.
