01/29/2015
A federal judge on Wednesday said U.S. investors may pursue a nationwide antitrust lawsuit accusing 12 major banks of rigging prices in the $5.3 trillion-a-day foreign exchange market.
01/28/2015
Former J.P. Morgan Rep Barred, 2 Others Suspended and Fined
FINRA ejected a former J.P. Morgan Securities registered rep from the industry this month for allegedly forging a customer's signature on bank withdrawal slips
01/28/2015
Reconciling Regulatory Requirements in Cross-Border Derivatives Takes Center Stage
Both sets of regulations seek to fulfill the Group of 20 (G-20) derivatives reform agenda, announced at the 2009 Pittsburgh Summit, which includes regulating dealers, clearing and trading (including trade reporting), mitigating systemic risk and protectin
01/28/2015
HSBC Said Ordered by Court to Share U.S. Data With Former Staff
The decision may have implications for thousands of bankers named in documents that U.S. authorities have received from wealth-management companies seeking to avoid prosecution.
01/28/2015
UBS Financial Services Accused of Trust Fraud
The suit says that UBS breached its fiduciary duty to the beneficiaries by mismanaging the trust’s assets.
01/28/2015
He will have a leadership role in the Finance practice in Houston.
01/27/2015
Southeast Asian Bitcoin Site Charged With Securities Fraud
An undercover agent e-mailed the site and was told he “could not lose money in the investment
01/27/2015
Church suing JP Morgan for millions over alleged mismanagement of funds
JPMorgan acquired two of the three banks, effectively acquiring control of the Christ Church funds, in 2004.
01/27/2015
For over four years after enactment of the Dodd-Frank Act (“Dodd-Frank”), President Obama and the Democratic Senate successfully blocked any changes to that act.
01/25/2015
Shareholders in Israel's Bank Leumi are seeking to file a class action lawsuit worth about 475 million shekels against the bank over its handling of a U.S. probe into alleged tax evasion
01/23/2015
Ducote alleged that Stanfill provided financial planning services to him over the last 15 years
01/23/2015
Barclays quickly fought back, accusing state Attorney General Eric Schneiderman of overreaching, and scrambling to fix a lawsuit that it said was fatally flawed to begin with.
01/22/2015
The Securities and Exchange Commission today announced a series of federal securities law violations by Standard & Poor’s Ratings Services involving fraudulent misconduct in its ratings of certain commercial mortgage-backed securities
01/22/2015
The case illustrates another side of organized crime
01/22/2015
The agreement is a dramatic U-turn after a bitter fight that involved claim and counterclaim by the two parties
01/21/2015
Finra said the firm overbilled more than 20,000 fee-based accounts in its RIA unit by $2.4 million over seven years
01/21/2015
Blank Rome boosts Finance, Restructuring, and Bankruptcy team
Blank Rome is a first-class firm with a top-tier professional reputation
01/21/2015
Prosecutors said Georgiou and others traded the stocks from 2004 to 2008
01/20/2015
BMO Asset Management Inc. today announced the January 2015 cash distributions for certain BMO Exchange Traded Funds that pay monthly distributions.
01/20/2015
Morgan Stanley CEO James Gorman hit important milestones in 2014, including a 20% pre-tax margin for the bank’s wealth management division, which accomplish many of the targets he initially laid out when taking the reins of the bank in the years aft