Former Bank of America IT guy allegedly shared deal tips from bank’s computer system

A former Bank of America technology consultant used his access to the bank’s internal deal tracking system to share more than 50 trading tips with friends, who generated more than $5 million in illegal trading profits, federal prosecutors said. The worker,...

Valeant Pharmaceuticals CEO: ‘It’s been a challenging 15 months, but we’ve made great progress’

Overhauling the highly controversial Valeant Pharmaceuticals hasn’t been easy, new CEO Joe Papa acknowledged on Wednesday. “I will say, first and foremost, it’s been a challenging 15 months, to be clear. But we’ve made great progress as a...