01/01/2015
A committee that includes senior Federal Reserve officials reviewed and overturned a bank examiner's finding that Goldman Sachs lacked a firm-wide policy to prevent conflicts of interest
12/31/2014
For banks, 2014 was the year of penalties
12/30/2014
The six, who were elected in 2012, claim a pension reform law signed by Governor Jerry Brown
12/30/2014
The deal has also received regulatory approval in Brazil
12/30/2014
Three Fund Managers Allegedly Used Client Money to Prop Up Side Business
12/30/2014
The SEC Division of Investment Management recently provided guidance on whether certain key employee trusts would qualify as family clients under the rule.
12/29/2014
Leumi also agreed to pay $400 million to settle two separate investigations into whether it helped its American clients evade U.S. taxes.
12/29/2014
The legal wrangling isn’t entirely over
12/29/2014
A US court has directed the "reorganised Arcapita Bank BSC" to initiate transfer of claims by eligible holders.
12/29/2014
Despite constant and vocal grumbling, national brokerage and wirehouse advisors have steadily increased their satisfaction ratings of firms’ compliance programs.
12/29/2014
Software developer Microsoft Corporation’s executives, both former and current, including former chief executive officer Steve Ballmer have been sued by The Internal Revenue Service over the company's past tax practices.
12/29/2014
The "customer protection rule" at issue in FINRA's action is a mandate of the U.S. Securities and Exchange Commission.
12/29/2014
Hedge fund insiders are known to consider questionable performance results that delivers profits across all market environments and fail to experience negative drawdowns or downside volatility.
12/25/2014
Debt raters failed to follow their own methodologies, let senior credit officers view market-share data and allowed a trade group to affect criteria changes
12/24/2014
With the appraisal, Highland Capital used the property as collateral against a $540 million loan.
12/24/2014
The consent order reveals that between June 1, 2007,and May 31, 2010, RBC entities executed 1,026 such transactions
12/24/2014
The proposed enforcement action comes as the bank's parent company, American Bank Holdings Inc., works toward an announced merger
12/24/2014
For Centuries the Inner Workings of the Vatican Bank have been Cloaked in Secrecy
12/23/2014
Picard has raised much of the cash with lawsuits against former Madoff customers
12/23/2014
The SEC accused F-Squared of falsely advertising a successful seven-year track record for AlphaSector.