J.P. Morgan Balked at SEC Push for Litigation Estimate

The Securities and Exchange Commission began asking J.P. Morgan Chase to tell the public more about its worst-case litigation fears last April, earlier than previously known, in a push the bank initially blanched at.

Russia Faces Fresh Capital Flight

Russia faces a renewed bout of capital flight, with net capital outflows totaling $21.3 billion in the first quarter, as political concerns scared off investment and companies increasingly used domestic debt to repay foreign borrowings.

BP Ex-CEO Lures Away a Top Banker at Goldman

Goldman Sachs Group's head of U.K. investment banking is leaving the firm and is expected to join a new investment firm that former BP CEO Tony Hayward is starting.

Trader Tells of 'Conquest' After Alleged Tip

An ex-hedge-fund trader bragged in a conversation with Galleon Group founder Raj Rajaratnam about getting inside information on a tech firm and reveled a few days later on profits they made on the tip, according to two secretly recorded phone calls played for a jury.

• Topics: Galleon Group

Och-Ziff Funds Gains in March

Insurers Say Proposed EU Rules Are Harmful

Goldman U.K. Executive to Quit

CME, ICE Trading Volumes Rise