Trump created new firm, presumably to dump belongings, New York AG says

NEW YORK, Oct 13 (Reuters) – New York state Lawyer Basic Letitia James mentioned on Thursday that Donald Trump’s household firm created a brand new entity, “Trump Group II LLC,” in a doable try to dump belongings earlier than her civil fraud case in opposition to the previous US president and his household firm goes … Read more

US fines 16 Wall Avenue companies $1.8 bln for speaking offers, trades on private apps

Sept 27 (Reuters) – US regulators on Tuesday fined 16 monetary companies, together with Barclays (BARC.L)Financial institution of America , Citigroup , Credit score Suisse (CSGN.S)Goldman Sachs , Morgan Stanley and UBS (UBSG.S)a mixed $1.8 billion after employees mentioned offers and trades on their private gadgets and apps. The sweeping business probe, first reported by … Read more