04/12/2016
The U.S Justice Department is in talks with hedge fund Och-Ziff Capital Management Group LLC over a possible criminal guilty plea in relation to a five-year international bribery investigation
04/10/2016
Wells Fargo Bank Admits That It Certified that Loans Were Eligible for FHA Mortgage Insurance When They Were Not, and That It Did Not Disclose Thousands of Faulty Mortgage Loans to HUD
04/10/2016
Participants pledged to continue cooperating, both bilaterally and multilaterally, to set realistic expectations of fellow stakeholders and prioritize transparency and information sharing.
04/08/2016
The 17-count indictment pegs revenue for 18 Hallinan-owned loan companies with names that include Instant Cash USA, My Next Paycheck, and Your Fast Payday at $688 million between 2008 and 2013. Read more at http://www.philly.com/philly/news/20160408_With
04/08/2016
FINRA’s hotline has received 4,000 in-bound calls from people ranging in age from 22 to 100.
04/08/2016
One of only three firms to be shortlisted in the legal category, this award is yet another milestone in the firm's drive to be the global leader in the highly competitive private client space.
04/07/2016
Media reports claimed the Royal Bank of Canada and its subsidiaries used the Panamanian law firm to set up more than 370 shell companies.
04/07/2016
Our compliance efforts are meant to ensure they fulfill their legal obligations
04/07/2016
First time that organization known as Fintrac has penalized a bank
04/07/2016
Fox Rothschild represented clothing retailers from China accused of counterfeiting copyrighted jean designs; the firm’s clients won at trial.
04/07/2016
Three former Nomura traders are accused of increasing the spread on their trades and generating about $7 million in additional revenue by lying about how much they paid for debt.
04/06/2016
The secret conversations and backroom plotting laid bare in today’s charges paint a vivid picture of a brazen fraud
04/05/2016
ESMA says repository neglected to provide data on OTC derivatives trades
04/05/2016
The comments from Nigel Green, founder and chief executive of deVere Group, follow a major leak of confidential documents from Panamanian law firm, Mossack Fonseca.
04/05/2016
The Department of Justice today filed a civil antitrust lawsuit in the U.S. District Court for the Northern District of California against certain ValueAct Capital entities
04/05/2016
Hedge funds including Brigade Capital Management and Claren Road Asset Management, which hold some of GDB’s $3.75 billion in debt
04/05/2016
Firms adjusting operations and communicating changes to clients
04/01/2016
The Financial Stability Board, which met in Tokyo on Thursday, has agreed on a framework for categorizing different components of fintech and assessing their potential risks.
03/30/2016
The push toward some sort of framework follows criticism from various corners that the country has been relatively slow to embrace policies
03/29/2016
Partner in PJT Partners allegedly scammed clients into fake investment that he created and made up web domain and emails to support