08/03/2016
JPMorgan Chase docked over prisoner debit cards
US bank settles class-action lawsuit claiming it stung former inmates with exorbitant charges
Legal, Regulation & Compliance
08/03/2016
JPMorgan Pays Inmates for Fees on Get-Out-of-Jail Debit Card
JPMorgan’s contract with the Federal Bureau of Prisons was a scheme “to exploit one of the most vulnerable groups imaginable -- releasees from federal corrections facilities”
08/03/2016
Raymond James fights back in $350M Vermont fraud case
The suit also maintains that the allegations are already being addressed in a separate class action complaint.
08/03/2016
JPMorgan Chase docked over prisoner debit cards
US bank settles class-action lawsuit claiming it stung former inmates with exorbitant charges
08/02/2016
Argentine securities regulator sees market boost from tax amnesty
Financial instrument investment has long been light in Argentina, Latin America's third largest economy
08/01/2016
CRA convicts a fraction of offshore tax evaders: Exclusive
Documents obtained by the Star show Canada is lagging far behind other countries in convicting tax cheats who exploit offshore tax havens.
07/29/2016
Fund lawyer who worked With Goldman holds 1MDB clues, US says
After one of the big sales led by Goldman Sachs, $5 million of the cash raised for 1MDB traveled through shell companies and ended up in her Swiss bank account, the U.S. said in complaints filed last week.
07/28/2016
Law Firm McCathern, PLLC Launches New Website
This new website highlights firm’s attorneys and provides users with an interactive, user-friendly experience. It features a fresh, innovative design, clear navigation, and up-to-date firm information.
07/27/2016
Kobre & Kim Earns Top Rankings in the 2016 Edition of Chambers & Partners
The publication ranked the firm for its work in China and Latin America as well as in the US and globally.
07/27/2016
Canadian banks ordered to disclose Cayman dealings
The CRA suspects tax dodgers used RBC and Citibank to repatriate offshore assets held at Cayman National Bank.
07/26/2016
Who’s Happy About the DOL Rule?
Twenty-eight percent of companies expect the rule to improve their asset retention, while 36 percent believe it will have no impact on their current asset retention rate.
07/26/2016
Swiss to pass information on HSBC accounts to US tax agency
Switzerland said it plans to give information to U.S. tax authorities about accounts at HSBC Holdings Plc's Swiss private bank, as part of a U.S. investigation into tax evasion.
07/25/2016
JPMorgan is getting fined for something everyone is doing
He's among the so-called Chinese Princelings
07/25/2016
Pennsylvania lawyer gets six months in prison for insider trading
The sentence was confirmed by the U.S. Attorney's Office in Philadelphia.
07/25/2016
Post-crisis clearing rules block derivatives users from market
A clearing house is a counterparty that sits in the middle of a transaction between buyer and seller with the aim of reducing risk.
07/25/2016
Fraud Probe Ricochets Through Platinum Partners, a Hedge Fund With Ties to Jewish Community
Platinum Partners has reported strong returns for years but now is liquidating
07/25/2016
What the G-20 Call for More Fiscal Emphasis Means for Investors
Shift toward fiscal policy may boost banks and steepen curves.
07/21/2016
Wolf of Wall Street Film Linked To Money 'Stolen From Malaysian fund', US Claim
The news follows a months-long international FBI probe, as well as five separate investigations around the world
07/21/2016
Switzerland Enlists U.S. Help On 1MDB As More Swiss Banks Named
The Office of the Attorney General has filed requests for legal assistance with U.S. authorities and other countries, a spokesman for the office said late Wednesday, without naming them.
07/21/2016
British HSBC executive is arrested over '£2.7BILLION exchange rate rigging scam' as he lands at JFK airport and is thrown in a New York jail
The alleged fraud occurred in November and December 2011