12/27/2024
Finra's findings center around mutual fund sales charge waivers and fee rebates, which the regulatory body said Edward Jones, Osaic and Cambridge Investment Research did not return to customers over a period of years.
12/27/2024
Financial companies have been under increasing pressure from Republican lawmakers, which have launched investigations and filed lawsuits related to the industry’s efforts to address climate change.
12/27/2024
Businesses and owners that didn’t comply would potentially face civil penalties of up to $591 a day
12/23/2024
The three banks named as defendants in the suit co-own Zelle, along with four other big US banks: Capital One, PNC Bank, Truist and US Bank.
12/23/2024
The central bank’s highly reactive policy approach of recent years amplifies financial volatility
12/20/2024
The transaction remains subject to customary consultation with the relevant employee representative bodies and regulatory approvals.
12/19/2024
By future proofing their technology platforms, financial services firms can turn a compliance mandate into a competitive advantage.
12/17/2024
The Board of Governors of the Federal Reserve System (the "Federal Reserve") approved the approximately 10% remaining investment by Scotiabank
11/28/2024
The four banks – Evolve, AMG National Trust, American Bank and Lineage – were sued Friday, after thousands of consumers were left without access to their funds post-Synapse collapse.
11/27/2024
Ken Leech, Former Chief Investment Officer of Western Asset Management, Charged With Fraudulent Scheme to Favor Certain Clients at the Expense of Others
11/25/2024
The models were completed in collaboration with Milliman Appleseed
11/20/2024
Lindberg bought Bermuda-based Northstar Financial Services in 2018. A year later, Lindberg was accused of wire fraud in the US.
11/20/2024
Collapse of Hwang's fund cost banks $10 billion
11/14/2024
Crooks are not just using deepfakes to circumvent ID authentication
11/13/2024
The amendment to Regulation 4.7 is a long-anticipated milestone that increases the financial thresholds for QEP eligibility
11/11/2024
SEC claims that Invesco misled clients about portion of company-wide AUM incorporating ESG factors in investment decisions.
11/11/2024
Creator of Compliance as a Service (CaaS) expands its presence in the Colorado market
11/08/2024
With total assets of C$2 trillion, RBC is the largest Canadian company by market capitalization and serves more than 18 million clients worldwide.
11/08/2024
Navy Federal would also charge overdraft fees
11/07/2024
Trump was a frequent critic of Powell and the Fed during his first term