Managers of Wealth Americas

Bank of America, RBS sued in U.S. over euro bond cartel

While the commission did not identify the eight banks, media reports said Bank of America and RBS are among them.

Long march

The administration of President Donald Trump aspires to tear up regulations, while SEC Chairman Jay Clayton wants to ease rules that might discourage companies from publicly floating their shares.

US lashes out at Brussels over failed dirty money blacklist

Gordon Sondland, US ambassador to the EU, branded the exercise a "ridiculous waste" after a rare unanimous revolt by the bloc's 28 countries upended the effort to name and shame almost two dozen jurisdictions alleged to be sources of money-

Federal Home Loan Bank of Dallas Signs Multi-Year agreement with SS&C

Federal Home Loan Bank of Dallas selects EVOLV to implement CECL and automate mortgage loan accounting

Termination of Guardian Growth & Income Fund and Guardian Private Wealth Equity Fund

Effective immediately, units of the funds are no longer offered for sale.

Ex-advisor gets 3 years in prison for $4.3M fraud

Mr. Kniss set up a well-intentioned business he sincerely believed would be successful

2019 will see the US as key offshore center as OECD’s CRS restricts global banking

Although there are some delays, in 2019 the vast majority of committed countries will be exchanging information under the Organisation for Economic Co-operation and Development’s common reporting standard.

Exxon asks U.S. regulator to block climate-change resolution: investors

Investors supporting the Exxon proposal manage a total of $1.9 trillion and are led by DiNapoli.

Law firms jostle for lead role in Goldman Sachs-1MDB suit

They stand to collect the most in fees in the event of a settlement or favourable verdict.

Transatlantic tensions over dirty money

The US and EU governments are unhappy with Brussels’ money laundering blacklist

Philadelphia sues seven big banks, alleges municipal bond collusion

Philadelphia, which said it issued more than $1.6 billion of the bonds, said the banks colluded to collect hundreds of millions of dollars in fees they did not earn

SRG closes Fieldstone Financial Management deal with FourStar Wealth Advisors

SRG began working on behalf of Fieldstone in September of 2018

Greenberg Traurig Attorneys Recognized as Top 100 Lawyers for Latin America

Alvarez-Farré and Leonard have both been previously recognized by a wide range of legal, industry, and regional publications and organizations.

Standard Chartered sets aside $900 million to cover U.S., British fines

The filing is the first time the bank has quantified the possible cost of the investigations.

Mourant advises on New York takeover

The takeover of GBG was undertaken by way of a Guernsey scheme of arrangement and was sanctioned by the Royal Court in Guernsey on Wednesday 20 February 2019.

US wealth manager Focus sees a bright future in Escala

The transaction is expected to close in the second quarter of 2019, subject to customary closing conditions.

Norfolk Pension Fund wins rare US securities fraud class action jury trial

The jury’s verdict was the culmination of almost four years of litigation and a three-week trial throughout which Norfolk Pension Fund served as the Lead Plaintiff on behalf of all defrauded investors.

MFDA fines De Thomas Wealth Management

The Hearing Panel approved the settlement agreement dated February 6, 2019

Panama Papers ‘tightened the noose’ on offshore assets of Maduro’s inner circle

In the wake of the scandal, it became harder to launder money through investment in Panamanian real estate for Venezuelans who grew rich on the back of their political connections

JP Morgan Launches Pale Imitation of the “Fraud” that is Bitcoin

The announcement of the JPM Coin prototype today is the first of its kind on the planet.

Legal, Regulation & Compliance