Emily Flitter –

Lumberjack, tailor, counselor, host: A hotel owner does it all during the pandemic

October 9, 2020 at 4:13 p.m.

As the head of a small business, Patel, whose family owns eight budget hotel franchises, was used to wearing multiple hats. But since March, when the long-haul drivers, families on...

Exclusive: Prosecutors’ case against GM focuses on misleading statements

August 25, 2021 at 1:29 a.m.

NEW YORK (Reuters) - Federal prosecutors are developing a criminal fraud case hinged on whether General Motors made misleading statements about a deadly ignition switch flaw, and are examining activity...

EXCLUSIVA-UBS enfrenta investigaciÃ³n criminal sobre venta de bonos en Puerto Rico: Abogados

August 25, 2021 at 12:59 a.m.

Por Emily Flitter NUEVA YORK (Reuters) - Autoridades de Estados Unidos est ¡n investigando a UBS AG por fraude criminal despu (c)s de que un ex corredor en Puerto Rico...

Exclusive: UBS faces criminal probe for Puerto Rico bond fund sales – lawyers

August 25, 2021 at 12:56 a.m.

By Emily Flitter NEW YORK (Reuters) - U.S. authorities are probing UBS AG for criminal fraud after a former broker in Puerto Rico allegedly directed clients to improperly borrow money...

SEC probes Schwab, Merrill, for anti-money laundering violations, sources say

August 25, 2021 at 12:11 a.m.

U.S. regulators are investigating Charles Schwab Corp. and Bank of America Corp.'s Merrill Lynch brokerage over whether they are doing enough to learn about their clients' identities, sources said, the...

Senator Grassley seeks action on FinCEN hiring probe

May 23, 2019 at 4:36 p.m.

ST LOUIS/NEW YORK (Reuters) - Senator Chuck Grassley is taking steps to make sure federal authorities are probing hiring practices of the Treasury Department's anti-money laundering arm, FinCEN, after the...

Exclusive: SEC probing brokerages over handling of retail orders – sources

August 24, 2021 at 11:42 p.m.

(Reuters) - The Securities and Exchange Commission has sent out subpoenas and demands for records to brokerage companies as part of a probe into how retail customers' orders are routed,...

Special Report: For private deals, no one is watching the watchdogs

August 24, 2021 at 11:13 p.m.

OMAHA, Nebraska (Reuters) - From 2006 to 2009, Provident Asset Management raised $485 million from 7,700 investors who were drawn to its promises of annual returns as high as 18...

Rubin ‘Hurricane’ Carter, U.S. boxer famous in folk song, dies at 76

August 24, 2021 at 11:09 p.m.

TORONTO/NEW YORK (Reuters) - Former U.S. professional boxer Rubin "Hurricane" Carter, who spent 19 years in prison for murder and then was released after it was determined he did not...

UBS suspends U.S.-based forex trader in manipulation probe

November 3, 2021 at 8:34 p.m.

NEW YORK/LONDON (Reuters) - Swiss bank UBS AG has suspended U.S.-based veteran currency trader Michael Velardi, one of up to six traders placed on leave this week, pending ongoing international...

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