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.
04/18/2019
Altogether, Galvin’s office said, investors have “lost control of more than $8 million in assets, while seeing no returns on their investments.”
04/18/2019
Khan, who worked for JPMorgan’s Cazenove unit until 2011, was testifying on behalf of Hewlett Packard Enterprise Co. in its $5.1 billion suit against the British software founder.
04/17/2019
The case appears to be the first in which Credit Suisse has prevailed against claims filed by dozens of its former U.S. brokers seeking to collect forfeited compensation or to walk away from promissory notes.
04/17/2019
The investors include pension funds, insurance companies, asset managers, family offices, high net worth individuals and endowments. Limited Partners include new investors as well as existing investors.
04/17/2019
Recently, the company has made significant enhancements to its financial and capital markets infrastructure including software upgrades and strategic financial hires from SoFi, PwC and Kraft Heinz.
04/16/2019
UniCredit Group Banks Agree to Pay Over $1.3 Billion for Violating Sanctions
04/16/2019
A hedge fund investor in insurance policies from Manulife and other Canadian insurers is fighting a court decision that prevented it from taking full advantage of ‘90s-era contracts.
04/12/2019
An international credit rating agency says New Mexico's unfunded pension obligations to public employees continue to cast a shadow over government finances.
04/12/2019
The accusation is that they did so by concealing CPI’s real ownership stake in Orco to avoid having to make a mandatory offer.
04/11/2019
The proposals could relax capital and stress testing requirements for US branches of foreign banks, but impose stricter liquidity rules on those that engage in riskier activities.
04/11/2019
Democratic lawmakers focused many of their questions on who the banks were doing business with, probing for answers about financing of gun manufacturers and fossil fuels.
04/11/2019
Judge Robert Ruwe's opinion, filed on April 10, generally affirmed the IRS’s determinations that Syzygy did not engage in insurance transactions and did not qualify as an insurance company
04/11/2019
Avenatti was accused last month by the IRS of failing to pay taxes on millions of dollars in personal income and through his firm
04/10/2019
Latin Lawyer's reference to the firm records that "the firm is busiest in the funds space", has been "building its experience of fintech" and is "active elsewhere in the region, in Chile, Argentina, Peru and Central America f
04/09/2019
The proposed changes, which are subject to industry feedback, would relax the capital and stress testing requirements for the subsidiaries of foreign banks.
04/09/2019
Additional changes allow for more flexible and tax-efficient use of distributions in non-registered accounts.
04/08/2019
BlackRock’s chief operating officer and head of solutions Rob Goldstein said he was pleased to help clients more closely couple data and further optimise their operating models.
04/07/2019
A lock-up agreement is a legally binding contract issued by the underwriters of an IPO that prohibits people close to the company, including executive and employees, from selling shares for a period of time, typically ahead of a stock's debut.
04/05/2019
The deal brings over $50 billion in assets to Baird, whose roughly 900 advisors managed more than $208 billion as of the end of 2018, according to the paper.