By MITCHEL MADDUX A legally-blind former Citigroup executive pleaded guilty today to charges that he embezzled more than $22 million from the New York banking giant and used the cash to buy luxury cars. Gary Foster pleaded guilty in Brooklyn federal court to bank fraud charges and now faces up […]

By Joe Rauch CHARLOTTE, North Carolina (Reuters) – JPMorgan Chase & Co, the second largest U.S. bank by assets, led a broader decline in bank share prices, as investors feared lenders face a growing list of lawsuits due to problem mortgages. Late on Friday, the Federal Housing Finance Agency sued […]

By Edward Krudy NEW YORK (Reuters) – Wall Street stocks tumbled for a third session on Tuesday on rising concerns about the euro zone’s debt crisis and the outlook for the global economy. Major U.S. banks were among the biggest decliners, with the KBW Bank index off nearly 2 percent […]