03/12/2017
Trump’s Panama Problem
Ricardo Martinelli, the ex-president of Panama facing extradition on corruption charges, helped him launch his first international property.
Legal, Regulation & Compliance
03/12/2017
Four myths in the battle over Dodd-Frank
It is plausible that lending in recent years was weaker than it would otherwise have been without the sundry regulatory costs imposed by Dodd-Frank, which have likely been a contributing factor in bank consolidation since the law's passage.
03/10/2017
U.S. Emerging as ‘Leading’ Tax, Secrecy Haven, EU Report Says
The United States provides a wide array of secrecy and tax-free facilities for non-residents both at the federal level and at the level of individual states
03/10/2017
Brazil probes possible obstruction of state-run pensions fraud case
The arrest order against the senior Lopes was based on evidence that recent actions
03/09/2017
3 N. Korean banks banned from key international financial network
The latest ban had completely isolated North Korea from the international financial system.
03/09/2017
Royal Bank closes 40 accounts following internal Panama Papers probe
While the bank notes that there's no evidence that any of those companies were doing anything illegal
03/09/2017
Collas Crill advises on medicinal Marijuana investment
All sales require medical documentation as set out in the ACMPR.
03/08/2017
U.S. Senate panel schedules hearing for SEC nominee Clayton
Both have historically expressed skepticism about having people with close ties to Wall Street run the SEC.
03/08/2017
UBS considers refusing DoJ settlement offer
Swiss bank may follow Barclays’ lead over mis-sold mortgage bond allegations
03/08/2017
Tax cheats in KPMG Isle of Man avoidance scheme could face criminal charges: minister
Bloc Québécois leader calls on Liberals to stop giving KPMG government contracts in wake of recent reports
03/08/2017
Defunct Lebenthal Wealth Unit Faces Debt, Lawsuits
One creditor is a firm that put together a quarterly digital magazine Lebenthal launched in September 2014 in a bid to recruit female wealth advisors, according to the Journal.
03/08/2017
Money Laundering in Central America
Criminals also use the formal banking system to hide and move the proceeds of illicit activity.
03/08/2017
Banks come in from the cold for hedge funds
Financials should benefit from interest rates going up.
03/08/2017
Greenberg Traurig grows revenue and partner profits as firm gears up for efficiency push
US firm posts 4% revenue rise alongside 5% increase in PEP
03/07/2017
A former FBI informant reflects on her involvement with the Insider Trading Industry
I had access to Intel’s booking information and I was looking at my job and I wanted to break into the hedge fund industry.
03/07/2017
Jacob Wohl, The Teenage-Hedge Fund Manager, Has Been Ordered To Cease And Desist
Wohl had gotten significant media attention in recent years, but the cease and desist order now presents further evidence that Wohl’s exceptional performance may have simply been a figment of his own imagination.
03/07/2017
CIBC Bid for PrivateBancorp Seen Failing Without Sweetner
The bid gap narrowed Monday after PrivateBancorp set a new date of May 4 for its shareholders to vote on CIBC’s offer.
03/06/2017
Protect Wealth Assets with Custom Structured Settlements, LLC's...
FTI expertise continues to inform conversations and capacity to integrate settlements comfortably with any plan.
03/05/2017
Justice Department targets executives in Wells Fargo probe
A grand jury convened in the Northern District of California has also sent subpoenas to witnesses, including former Wells Fargo employees
03/03/2017
SEC freezes suspicious traders' assets
Case involves US$3.6m in illegal profits from investing in Fortress shares