Industry News

Former SAC Capital trader fined $2 million

Michael Steinberg, a former top trader at SAC Capital, has been sentenced to three and a half years in prison and a $2 million fine by a federal court, the New York Times reports.

By Staff |May 16, 2014

1 min read

ING U.S. is now Voya Financial

ING’s American investment and employee benefits branches are now called Voya Financial.

By Staff |May 16, 2014

1 min read

Regulators don’t understand diversification

In all professional sports, managers take a disproportionate share of criticism when things don’t work out—and with good reason.

By Mark Yamada |May 16, 2014

3 min read

Bitcoin isn’t going away

Despite bad press, virtual currencies offer opportunities

By Susan Han |May 16, 2014

4 min read