09/11/2014
Dark pools are broker-run trading venues that let investors trade shares anonymously and only make trading data available afterwards, reducing the chance of information leaking about trade orders.
09/11/2014
The United States Federal Reserve (Fed) has reportedly started an inspection of the financial transactions of Turkey's state-run Ziraat Bankası New York branch, Turkish media reported on Tuesday.
09/11/2014
A former auditor and bank officer at M&T Bank Corp. in Wilmington has sued the bank alleging he was fired after he blew the whistle on confidentiality breaches related to the tax returns of high net-worth clients.
09/11/2014
The SEC says the suspension is as a result of the operator’s failure to carry out its investors mandate to purchase 200,000 units of National Sport Lottery plc during the company’s 2008 public offer for which it collected N3.1 million.
09/11/2014
SEC Announces Charges Against Corporate Insiders
Nearly Three Dozen Charged in Enforcement Initiative to Root Out Repeated Late Filers
09/11/2014
Credit Agricole’s fine could be similar to Commerzbank’s, according to the person. Anne-Sophie Gentil, a spokeswoman for Credit Agricole, declined to comment.
09/10/2014
The SEC says management fees earned by Archer Advisors were shrinking due to the funds' worsening performance.
09/10/2014
Opalesque Industry Update - Maples Fund Services, a leading independent global fund services provider, has opened an office in Boston, significantly expanding its North American presence and solidifying its brand and offering in the US market.
09/10/2014
US regulators plan to raise capital requirements for the largest banks above global standards to ensure they do not place the financial system at risk
09/10/2014
The current deadline is December 15, after which new capital requirements kick in
09/10/2014
Five other individuals and six companies are accused of taking part in the plan that involved as many as 100 U.S. clients, according to prosecutors.
09/10/2014
Co-underwriters with Lehman Brothers Inc. don’t have so-called contribution claims against the liquidated investment bank related to offerings in which it was the lead underwriter in the sale of its own securities.
09/10/2014
A former executive at Foundry Networks Inc gave an "inside edge" to a hedge fund analyst in 2008 by telling him that the data equipment maker was about to be taken over, a U.S. prosecutor said on Tuesday at the start of an insider trading trial.
09/09/2014
Deutsche Bank has been reluctant to give regulators the clearance that Foresti, an 18-year veteran of the firm, needs to start his new job, said the people, who requested anonymity because the process isn’t public.
09/09/2014
Advisers need to understand what drives managed portfolios of ETFs
09/08/2014
FSOC has shifted SIFI focus away from asset management firms and will assess specific products and activities
09/07/2014
A federal court yesterday entered what's called a final judgment to resolve kickback allegations against a Hingham CEO and the company he led.
09/07/2014
District Court for the Eastern District of Virginia on March 6, and the indictment was unsealed March 12 after the defendants were arrested in Miami.
09/05/2014
Along with the large number of dollar-based contracts, Libor is used as a reference rate for another $150 trillion in contracts denominated in other currencies
09/05/2014
The Alaska Electrical Pension Fund sued yesterday in Manhattan federal court, claiming the banks colluded to set ISDAfix at artificial levels that allowed them to manipulate payments to investors in the derivatives.