Allen Stanford, whose whereabouts had been unknown since being charged this week by the SEC in connection with an alleged $8bn fraud, was located in Virginia on Thursday by federal agents.
NYSE Euronext loses $1.34bn in fourth quarter (Headlines)
NYSE Euronext on Monday reported a net loss of $1.34bn for the fourth quarter, missing expectations, as it was hit by costs related to the merger of NYSE and Euronext. Revenues also suffered because of a new rebate scheme for high frequency customers.
Marc Dreier, the New York law firm founder accused of cheating hedge funds and other investors of more than $400m, was indicted by a federal grand jury.