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.
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.