04/29/2015
Regulators are looking into whether Merrill Lynch broke rules designed to ensure that customers of the Bank of America-owned brokerage would have access to enough of their money in a crisis
04/29/2015
In 2013, heirs including Kathryn Mennen, a granddaughter of George S. Mennen, sued her uncle, George “Jeff” Mennen, and Wilmington Trust Co.
04/29/2015
The Securities and Exchange Commission is investigating Bank of America to see whether it broke rules by speculating with its customers' funds
04/29/2015
Bitcoin has become mainstream, the volume of bitcoin trading has grown exponentially
04/29/2015
To date, the SEC has awarded 17 whistleblowers since its whistleblower program began more than three years ago. Payouts now total over $50 million.
04/29/2015
A Ross Asset Management investor, who liquidators are trying to claw money back from, has been denied permanent name suppression
04/29/2015
Proprietary reporting engine provides exceptional levels of customization for investment trend analysis and compliance
04/28/2015
The BSI nonprosecution agreement demonstrates the extraordinary level of disclosure and cooperation that Swiss banks are required to undertake in order to qualify for such a resolution, and provides a detailed road map for other Swiss banks seeking simila
04/28/2015
Bank questioned about potential use of funds that should have been off-limits
04/27/2015
The bank's share price slid 7.4 per cent on the day in June when New York
04/27/2015
Ms. Levin had become such a fixture in the Manhattan office
04/27/2015
Citibank this month lost a key decision in its defense of a lawsuit in Abu Dhabi accusing the bank of self-dealing, defrauding investors, and attempting to cover-up investor losses
04/27/2015
Miami-based Espirito Santo Bank entered into an agreement with regulators on Feb. 25 to implement and comply with the strict Bank Secrecy Act and anti-money laundering requirements
04/27/2015
Greenwich Hedge Fund Controller Gets 48 Months Imprisonment
On 32 occasions between 2004 and 2013, HERZING used his position to wire $9,202,417.54 from his employer to accounts that he controlled. Judge Meyer ordered HERZING to pay full restitution.
04/24/2015
The US Securities and Exchange Commission has paid a compliance officer between $1.4m and $1.6m
04/24/2015
StateTrust Investments, Inc. has been penalized $90,000 and censured by the Securities and Exchange Commission in a settlement
04/24/2015
Navinder Sarao, the “flash crash” trader who US authorities want to prosecute over claims that he helped wipe hundreds of billions of dollars off the value of Wall Street stocks, may have a hidden $75 million offshore nest egg.
04/23/2015
Cowen had initially sought $19.5 million after his termination in 2011
04/23/2015
Bank of America Corp.’s Countrywide unit urged a federal appeals court to reverse a $1.3 billion fraud verdict finding the company at fault for selling defective residential mortgage loans to Fannie Mae and Freddie Mac.
04/23/2015
Fines and restitution relate to the improper sales of structured investment products to more than 200 retail investors