financial services News

Watchdog Head: Fines May Not Stop Bad Behavior by Companies

NEW YORK (AP) — The head of the nation’s financial watchdog is having second thoughts about how useful fines are in deterring illegal behavior in the financial industry, saying some companies have gotten so big that the money makes little …

Therapy in the Office: Banks Take Mental Health Fight In-House

LONDON – In ‘Billions’, a U.S. television show set in the world of hedge funds, traders at the fictional Axe Capital regularly attend sessions with an in-house psychiatrist. In real life, finance professionals are rarely so open about seeking psychological …