Managers of Wealth Americas

Performance Measurement No Longer Exists in a Vacuum - DST Global Solutions

Investment Management is operating in a world of more – more regulation, more transparency, more meaningful investment information and more control.

Bank of America taking $400M litigation charge

The move follows similar disclosures by JPMorgan Chase & Co., and Citigroup that signal banks in the U.S. and abroad are facing allegations that they manipulated foreign-exchange rates.

UBS Participates in Regulatory Resolutions of Industry-Wide FX Matter

Foreign-exchange related investigations resolved with FINMA, CFTC, FCA

SEC’s Champ: staff to focus on alt fund risk disclosures

As of the end of September 2014, alt funds account for $242 billion of industry AUM.

California Hedge Fund Founder Denied Re-Trial

San Francisco hedge fund founder Doug Whitman has been denied a new trial on his insider trading case which earned him two years in jail, the WSJ reports

Judge orders BB&T to pay $17 million in investment case

The ruling more than doubles a jury's award in June.

Eureeca Crowdfunding Platform Hit with SEC Cease & Desist order

First Investment Crowdfunding Platform to Stumble on General Solicitation Requirements

New York Puts Assets In Foreign Bank Branches Beyond The Reach Of Judgment Creditors

For the first time, the state's highest court confirmed that New York common law prevents a court from freezing a civil judgment debtor's assets held in foreign bank accounts.

Barclays, HSBC Sued by U.S. Soldiers Over Attacks in Iraq

Barclays Plc (BARC), HSBC Holdings Plc and four other banks were accused in a lawsuit by U.S. soldiers of helping Iran process billions of dollars in transfers and finance terrorists who attacked Americans serving in Iraq.

Banks Are Poised to Settle With U.S. Regulator in Currency-Rigging Cases

Banks suspected of rigging the $5.3 trillion-a-day currency market are preparing to reach settlements as early as this week with the main U.S. derivatives regulator

Former FDA Official Joins King & Spalding in Washington, D.C.

Quynh has a strong skill set, extensive experience

Jefferies Gets Apology From Banker’s Wife Over Scandal

Christina Kelly, whose rancorous divorce from Jefferies Group LLC investment banker Sage Kelly has inflamed New York’s tabloids, issued a statement praising him as a “great father” and apologizing to the firm as the pair reached a tentat

U.S. banks closing Mexicans' accounts

Efforts to combat money laundering hurting established businesses in Tijuana

JPMorgan Deal Unusual Amid U.S. Banks' Russia Skittishness

When JPMorgan Chase & Co agreed to lead a $700 million bond offering for Russian natural gas producer Gazprom, it was doing business that some U.S. banks are afraid to do, several lawyers and a banker said.

Almost nobody cares when the government mistreats giant banks

Regulators and giant banks agree to ignore contractual rights.

Offshore fraud cost likely to mount for Wyly

Mr Wyly, 80, who last appeared on Forbes’ list of the 400 richest Americans in 2010 with a net worth of $1bn, is responsible for about two-thirds of damages and has filed for bankruptcy, saying he cannot afford the SEC’s claim as well as poten

Did This Manhattan Firm Help Shield a Russian Bank From Sanctions?

A Manhattan PR firm run by a former journalist was hired to help burnish the image of a $10 billion Russian investment fund, an arm of a state-owned bank targeted by sanctions over the invasion of Crimea.

TV magnate plunks down $1.5M in dicey deal

The crime-TV magnate invested $1.5 million in an April 9 preferred-stock offering organized by Weiner that raised a total of $6 million for DigiPath, a Las Vegas-based provider of lab-testing and pot-education services, sources said.

U.S. SEC Denies BATS Request to List 'Non-Transparent' ETFs

U.S. regulators rejected a proposal from BATS Global Markets that would allow it to list and trade actively managed exchange-traded funds that do not have to disclose their holdings on a daily basis.

SEC seeks to slash former billionaire’s lavish lifestyle

The Securities and Exchange Commission is trying to slash former billionaire Samuel Wyly’s “lavish” spending after his assets were frozen, telling a bankruptcy judge that the investor is planning a spree.

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