05/02/2019
The Bank of Canada and MAS have been collaborating in the use of Distributed Ledger Technology and central bank digital currencies to make the cross-border payment process cheaper, faster, and safer.
05/02/2019
Prosecutors should consider a host of factors, including the methodology underpinning a company’s risk management process
05/01/2019
Deutsche Bank's future in the United States, where it opened 40 years ago with just 76 employees before expanding rapidly in 1999 by buying Bankers Trust, is already in doubt.
04/30/2019
The changes give the law firm group a direct line to the global head of Citi Private Bank.
04/30/2019
The terse explanation of Findley’s dismissal was sent to state regulators in a summary of the firm’s U-5 termination notice that was reviewed by AdvisorHub.
04/30/2019
Morgan’s retention rates have also benefited from a reduced recruiting environment: the wirehouse and rivals Merrill Lynch and UBS have cut back on hiring initiatives in recent years.
04/30/2019
However, Macquarie’s asset management unit and others including commodities trading, hedging, corporate finance, and advisory units are not believed to be affected.
04/30/2019
The report, which includes a discussion of approaches and mechanisms that may enhance the effectiveness and efficiency of international cooperation, will be published and submitted to the June meeting of G20 Finance Ministers and Central Bank Governors.
04/30/2019
The bank hasn’t yet handed over any client-related records to the House committees and will wait for the outcome of the legal proceedings, said the person, asking not to be identified in disclosing internal information.
04/29/2019
POBA had committed $200 million to each JV.
04/26/2019
Swedbank has found itself caught up in a regional money laundering scandal originating with Danske Bank, which said last year that 200 billion euros ($223 billion) of suspicious funds moved through its Estonia branch between 2007 and 2015.
04/26/2019
In contemplation of the termination, the Manager may make distributions prior to the Fund's Termination Date if this is deemed in the best interests of the Fund and its unitholders.
04/26/2019
BTG Pactual Reinsurance reinsures surety bonds and related insurance products written by its affiliates in Brazil.
04/25/2019
Vermont Governor Phil Scott has signed into law a bill to tidy up and modernise parts of its captive insurance law as it enters its 2019 legislative session.
04/25/2019
The Internal Revenue Service has launched a compliance campaign to ensure US multinational companies are paying their captive service providers no more than arm's length prices.
04/24/2019
The new regulations would require companies to localise data analytics processes in China.
04/24/2019
Hein told jurors evidence would show how the trio lied about the fund’s health — knowing they were “strapped for cash” —so investors would keep throwing money in the pot.
04/24/2019
The proposed regulations clarify some of the substantive issues involving qualified opportunity funds
04/23/2019
Company officials questioned the employees on how their complaints had been handled, said the people, who requested anonymity to discuss internal matters.
04/23/2019
Avenatti was entitled to $1 million in legal fees, but instead took $2.5 million and put it toward a private jet, prosecutors alleged in an April 10 indictment by a California-based grand jury.