02/21/2017
Wells Fargo fund business on the defensive amid sales scandal
Last September, the bank said it reached a settlement with the authorities over findings that its branch staff opened up to 2 million unauthorized customer accounts.
Legal, Regulation & Compliance
02/21/2017
New Global Private Client Practice launched
The Global Private Client Practice advises families, family offices and trust companies on tax, business and other legal issues as they interact with the United States.
02/20/2017
US banks want money launder rules eased
The Clearing House will propose a new system under which banks do not investigate and report every transaction that could possibly raise a red flag
02/20/2017
Credit easing, regulation put plans on critical list
Attempts to help economy and protect workers backfire for corporate funds
02/20/2017
IBS Investment Bank Inks $100 Million Agreement With NC Multifamily Operator MACC Venture Partners
This partnership delivers us a competitive edge in acquiring stable assets in high-barrier to entry markets IBS, N.A.
02/17/2017
Ex-Rabobank Trader Stewart Avoids Prison in Libor Rigging
He came under suspicion years after he had left the bank, resigning in 2009 to care for his ailing father.
02/17/2017
Shocking Arrest Warrant Issued For Billionaire Samsung Head Jay Y. Lee
Lee has denied any wrongdoing in the case, maintaining that he never willingly made bribes for preferential government treatment.
02/16/2017
Judge nixes overseas vacation for Wilmington Trust defendant
The attorney for Rakowski, who surrendered her passport, said she was not a flight risk.
02/16/2017
Deutsche Bank examined Trump's account for Russia links
Bank looked for evidence of whether loans to president were underpinned by guarantees from Moscow, Guardian learns
02/15/2017
Trump Policy Changes Bring IRS Guidance to a Standstill
No revenue procedures or rulings for awhile.
02/15/2017
Morgan Stanley in Hot Water Over Inverse ETFs
Morgan Stanley settles charges with the SEC, Merrill plans to expand impact investing capabilities for advisors and the Valentine's Day index is released.
02/15/2017
EU Panama Papers Inquiry Chief Condemns U.K. No-Show
It was “most disappointing and regrettable that no one at the political level at HM Treasury was able or willing to meet” during the trip to London last week from the European Parliament’s Panama Papers inquiry committee
02/15/2017
Alter Domus acquires Carta fund services in the US
CARTA specialises in providing Private Equity focused.
02/15/2017
Morgan Stanley Settles Charges Related to ETF Investments
Morgan Stanley solicited clients to purchase single inverse ETFs in retirement and other accounts
02/15/2017
Fees and Regulation Key to Migration to Robos
Disgruntled investors were defined as those unhappy with high fees, bad performance or the level of service they receive.
02/15/2017
Institutional investors managing US $17 trillion announce new corporate governance framework
The Group is a collective of some of the largest U.S.-based institutional investors and global asset managers, along with some international counterparts.
02/14/2017
Wall Street Needs to Put All Clients First
The fiduciary rule shouldn't apply just to retirement accounts, it should apply to all investment accounts, no matter the size and type.
02/14/2017
8 Things Advisors Can Learn From Johnny Depp
As it only covers money in retirement accounts.
02/14/2017
Trader's Zurich Banker
But the deal fizzled last year under mysterious circumstances.
02/14/2017
Respected Transactional Law Firm Adds Top Business Litigation, Restructuring Team to Form Condon Tobin Sladek Thornton
The lawyers serve as trusted advisors on dynamic retail, office and mixed-use development regionally and nationwide, including some of the highest-profile mixed-use projects in North Texas.