The embattled subprime mortgage servicer agreed to pay $2.5 million in penalties and pay for a third-party auditor to ensure that the firm complies with regulators’ requests for information.
Shares in the online file storage company opened 44 percent higher than its I.P.O. price, catching up to the $2.4 billion valuation that it fetched in its most recent private financing round.
The Winklevoss twins are planning to open a Bitcoin exchange. | Hutchison Whampoa is in talks to buy O2 of Britain. | Attractive pay packages for chiefs of JPMorgan and Goldman. | Markets respond to E.C.B. stimulus plan.