WASHINGTON (Reuters) - California took another step on Tuesday toward allowing state residents to sue financial institutions for fraud, rather than letting banks force customers to settle disputes in arbitration, as a bill inspired by last year's Wells Fargo scandal passed a key Assembly committee.
BOSTON (Reuters) - Hedge fund industry executive Anthony Scaramucci, an advisor to U.S. President Donald Trump, has been named chief strategy officer of the U.S. Export-Import Bank, a source familiar with the appointment said on Tuesday.
NEW YORK (Reuters) - Like many financially savvy parents, Jim Stehr started a college savings account for his son at birth. When Stehr's second and third children came along, he opened accounts for them too.
LONDON (Reuters) - Five decades since it heralded a transformation in the way people obtained and used cash, the world's first ATM was turned into gold for celebrations of its fiftieth anniversary.
NEW YORK (Reuters) - A Florida man was sentenced on Tuesday to 5-1/2 years in prison after pleading guilty to operating an illegal bitcoin exchange suspected of laundering money for hackers and linked to a data breach at JPMorgan Chase & Co.
NEW YORK (Reuters) - Robert MacNaughton is joining UBS as managing director and head of high-yield trading, according to a source familiar with the matter.
(Reuters) - Professional services firm Alvarez & Marsal named Candus Hinderer as senior director of the company's disputes and investigations practice.
NEW YORK (Reuters) - If there is one American entrepreneur who seems to thrive across multiple industries and spanning different eras, it would have to be Russell Simmons.
NEW YORK (Reuters) - Berkshire Hathaway Inc has taken a nearly 10 percent stake in the real estate investment trust Store Capital Corp, adding to bets in the sector by the conglomerate controlled by billionaire Warren Buffett.
