Fidelity Investments has agreed to pay $8m to settle US Securities and Exchange Commission charges that several of its brokers received $1.6m in gifts over a period of years from clients who were allegedly hoping to do more business with the firm.
It's tough to come up with a list of true Wall Street legends, as so many have got their detractors - and not all of them have / had unblemished track records.
Frank Pizzitola, a general partner at Lazard Freres & Co. who worked with such legendary figures as Andre Meyer, Michel David-Weill and Felix Rohatyn during a 21- year career at the investment bank, has died. He was 89.
Lazard has announced that Larry Slaughter will join the firm as a Managing Director and Vice Chairman, Investment Banking, effective June 3.
Here's our Top 20 books about the financial markets: