10/04/2017
Equifax Is Taking Over From Wells Fargo as the Financial Industry’s Villain
For Wells Fargo, the congressional flogging can’t get much worse than it was last year for then-CEO John Stumpf
Legal, Regulation & Compliance
10/04/2017
UBS: Wall Street is unprepared for the magnitude of Europe's looming regulatory overhaul
UBS flags asset managers and investment banks as especially susceptible to absorbing unforeseen costs
10/03/2017
Senators grill Wells Fargo CEO over scandal, forced arbitration
Wells Fargo is fighting some customers in court for now, company spokeswoman Jennifer Dunn said
10/02/2017
Fed fines HSBC US$175m for lax forex oversight
The enforcement action comes two months after the Fed also fined BNP Paribas SA US$246 million over similar violations.
10/02/2017
Broker-dealer in $2B New York pension scandal avoids jail
The worst decision of my life.
10/02/2017
SEC Puts Unregistered Brokers in Crosshairs
But the agency has put the idea of third-party examiners of investment advisors on the back burner.
10/02/2017
US bank Citigroup 'seeks licence in France'
Competition has heated up in recent months between cities hoping to lure business from London once Britain leaves the European Union in March 2019.
10/02/2017
Bank watchdogs in final reform effort as fatigue sets in
The United States and Europe are split over one arcane but crucial remaining element of the package, the extent to which banks can rely on their own internal risk models.
10/02/2017
Withers and Stephenson Harwood hire from US rivals
Immigration is one of the primary issues of our time, driving changes in politics and societies around the world.
09/29/2017
Notice regarding Judgment in Litigation against Subsidiaries
The United States Court of Appeals for the Second Circuit rejected the appeal of the Defendants.
09/28/2017
Argentina to allow advisors to invest citizens' funds overseas
The change would provide legal assurance to private banks.
09/28/2017
Ex-U.S. software chief, ex-Australia bank exec charged in bribery scheme
Arrest warrants have been issued for both defendants.
09/27/2017
Global law firm Recognized in 2017 Chambers High Net Worth Guide
Global law firm Greenberg Traurig was recognized in the second annual Chambers High Net Worth Guide for its impressive depth and national coverage in its Private Wealth Services team.
09/27/2017
Texas Jury Finds JP Morgan Chase Violated Estate Administration Duties
Dallas Widow and Step-children Awarded Millions in Actual Damages and Attorney Fees for Bank's Malicious Mismanagement of Estate of Deceased Airline Technology Innovator
09/27/2017
Conyers advises Despegar on its US$2 billion IPO
Landmark transaction demonstrates BVI is open for business after Hurricane Irma
09/27/2017
CFTC fines Citi $550,000 for LEI failings
The Order recognizes Citi’s cooperation with the CFTC’s investigation.
09/26/2017
Asset-Management Firm Claims It Was Stiffed by Kushner Company
But according to the complaint, which was filed in the Prince William Circuit Court of Virginia on September 20, Kushner Companies refused to pay the fee
09/26/2017
SEC sets up cyber enforcement division
The Retail Strategy Task Force will develop proactive, targeted initiatives to identify misconduct impacting retail investors.
09/26/2017
Pay ratio clarifications: SEC adopts new guidance
The Staff guidance addresses the use of estimates, statistical sampling and other reasonable methodologies in determining the pay ratio and includes examples illustrating possible applications of the Commission’s guidance under several scenarios.
09/25/2017
BNY Mellon Completes Successful Migration of Man AHL Book of Business
Man AHL, a pioneer in systematic trading, selected BNY Mellon as administrator following an extensive market search.