10/16/2014
As federal prosecutors began laying out their case against ex-wealth management head Raoul Weil for conspiring to conceal $20 billion in Americans' assets from the Internal Revenue Service.
10/16/2014
The Securities and Exchange Commission issued an enforcement action Wednesday against a former Wells Fargo Advisors compliance officer in St. Louis, alleging she altered a trading review document that was part of an insider trading investigation.
10/15/2014
A UBS AG unit will pay $5.2 million in a settlement with Puerto Rico's financial institutions regulator over the firm's practices involving sales of Puerto Rico closed-end bond funds whose values later plunged.
10/15/2014
Global regulators are preparing to impose new restrictions on banks, asset managers and others who use swaps to help hedge risks and speculate on market moves.
10/14/2014
Since 2009, the U.S. has had unprecedented success with ferreting out offshore accounts. It started in 2008 with key court victories against UBS.
10/14/2014
A former banker at Switzerland's biggest bank, UBS, has been found guilty of handing over protected Swiss bank account data to the United States, according to a penalty order issued by the Swiss prosecutors' office.
10/14/2014
The announcement was made as part of the leaderships changes at the Firm's Annual Meeting, held last week in London.
10/13/2014
The increase in regulatory reporting requirements has become a major challenge for many investment managers.
10/13/2014
The stay is intended to give regulators time to facilitate an orderly resolution of a troubled bank.
10/13/2014
A fired Toronto Dominion Bank executive who authorities say kept Fort Lauderdale lawyer Scott Rothstein’s $1.2billion Ponzi scheme alive until the end was arrested Friday on fraud charges.
10/13/2014
Traders and investment bankers would have an incentive to make sure the risks they took were reasonable and wouldn't bring down their firms (or the rest of us) in the future.
10/12/2014
A former top-level UBS banker will stand trial in the United States this week accused of helping rich Americans evade millions of dollars in taxes.
10/10/2014
A current and a former unit of E*Trade Financial Corporation will pay $2.5 million to settle charges that they ignored red flags and improperly sold billions of unregistered penny stock shares on behalf of customers, U.S. regulators said on Thursday.
10/10/2014
A New York-based hedge fund and its founder has been banned from trading securities in Hong Kong for four years after admitting to insider trading of Chinese banking equities.
10/09/2014
The proposed deal, disclosed in court papers filed in New York federal court, is the first such settlement of private litigation in the United States against various banks accused of manipulating the London Interbank Offered Rate.
10/09/2014
Ephren Taylor, II, has pleaded guilty to conspiracy to commit mail and wire fraud by defrauding hundreds of victims of their retirement savings.
10/08/2014
On behalf of the private investment funds industry and other growing businesses the HFA offers the SEC alternative solutions to avoid stifling job creation and capital formation
10/08/2014
A former UBS AG wealth management and banking head charged with helping U.S. taxpayers conceal their assets wants two public reports from Swiss banking authorities to be included in his trial.
10/08/2014
Outgoing Attorney General Eric Holder and his former No. 3 Tony West have dominated the limelight following multibillion dollar settlements against JPMorgan Chase & Co.
10/08/2014
The SEC receives thousands of whistle-blower tips every year