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NEW YORK (TheStreet) -- Goldman Sachs (GS) - Get Free Report hired a former FBI agent for its compliance department, Bank of America (BAC) - Get Free Report reportedly made plans to invest in Spanish tourism and General Electric (GE) - Get Free Report plans to sell its fleet of leased vehicles.

While all three developments may be positive news for investors, they weren't enough to keep stock in the companies from following the broader markets lower in a dismal return from the Memorial Day holiday. The S&P 500 Financials Index dropped 0.9%, faring slightly better than the broader S&P 500, which fell 1%.

The big gainer for the day was the Volatility Index, a gauge of investor anxiety, which jumped 17%.

Goldman Sachs is taking the era of increased regulations seriously: The bank just hired Patrick Carroll, a former FBI agent, as a vice president in its compliance, surveillance and strategy group.

Carroll is no stranger to Wall Street. In fact, in his former role with the FBI, he used wiretaps in his investigation of Galleon Group's Raj Rajaratnam and was also involved in the investigation of Bernie Madoff. Madoff, a putative investment guru, was sentenced to 150 years in prison in 2009 after admitting his hedge fund was a Ponzi scheme.

Prior to his 25-year career with the FBI, Carroll also did stints at Lehman Brothers and Merrill Lynch. With regard to his career background, Carroll told Bloomberg: "I haven't told the FBI this, but every place I've left has crumbled."

Goldman Sachs stock closed at $206.38, down $1.42.

Bank of America is said to be in final talks to buy a $436 million portfolio of hotel loans from Bankia SA, Spain's fourth-largest bank, according to Bloomberg.

Bank of America and Bankia both declined to comment on Bloomberg's story. People close to the matter told the news service, however, that Bank of America is looking to buy into Spain as the weakening euro is expected to make travel to the country more favorable.

The play just might work. Travelers to Spain spent 8% more in the first two months of 2015 than they had in the year before. This 8% increase represents 6.6 billion euros.

Bank of America's stock closed at $16.50, down 25 cents.

Meanwhile, General Electric continues its effort to shed assets tied to its finance arm. On Tuesday, Bloomberg reported that General Electric was in talks with Toronto-based Element Financial Corp. to sell some of its vehicle-leasing business.

Element is no stranger to General Electric's auto business. The company bought $560 million of GE Capital's Canadian fleet in 2013. Meanwhile, the company raised $2 billion to fund future acquisitions. 

General Electric's fleet business is estimated to be worth $9 billion. The company's stock fell 16 cents to $27.52.