08/08/2014
Against that double historical backdrop comes today’s news that Bank of America has offered to pay $17 billion to settle claims filed nationwide alleging it shares responsibility for the collapse.
08/08/2014
These new rules boosted the permissible regulatory oversight of the private fund industry to an unprecedented level.
08/08/2014
ConvergEx has since shut down trading operations at the Bermuda broker-dealer subsidiary ConvergEx Global Markets Limited.
08/08/2014
About 200 other plaintiffs in the lawsuit with claims against the bank stemming from attacks blamed on the al-Aqsa Martyrs Brigades and other groups have not yet gone to trial.
08/07/2014
City alleged that lender “engaged in mortgage discrimination”
08/07/2014
He was sentenced last month to two years in prison and ordered to pay a $1.75 million fine for lying to customers about mortgage-backed securities.
08/06/2014
The promoters reaped more than $2.5 million in illegal profits through their schemes.
08/05/2014
A federal jury found the Wylys liable for a system of offshore trusts in the Isle of Man that netted the brothers $553 million in profits through hidden trades between 1992 and 2004 in companies they controlled.
08/05/2014
The bank said it had sent the results of its internal review to the U.S. authorities.
08/05/2014
The agreement represents one of the largest settlements of a securities fraud lawsuit in the wake of the economic meltdown.
08/05/2014
The Hedge Fund Manager On The FBI’s Most Wanted List
Florian Wilhelm Jürgen Homm, a German hedge fund manager who was on the run for more than five years, is wanted by the FBI for his alleged involvement in a market manipulation scheme designed to artificially improve the performance of eight Cayman I
08/05/2014
She stood by her man
08/05/2014
Barclays won court approval to buy much of Lehman's brokerage business four days after the US company filed for the largest bankruptcy in American history
08/04/2014
The 69-year-old entrepreneur’s lawyers argued successfully that he should get off with probation and community service because of his age and good works.
08/03/2014
Client In California Sues Barclays Over Dark Pool
Two months ago, New York Attorney General Eric Schneiderman began an investigation into the bank’s dark pools
08/03/2014
The United States has placed a German financial institution under strict surveillance for clearing payments for Zimbabwe’s diamonds at the recent Dubai diamond tender, state media reported Sunday.
08/01/2014
The SEC’s investigation resulted from a broker-dealer examination of the firm
08/01/2014
The SEC conducted a dragnet to determine who in the agency allegedly leaked information about a JP Morgan "London Whale" settlement, CNBC has learned.
07/31/2014
The jury found that Countrywide executives deliberately misrepresented the quality of mortgages being sold.
07/31/2014
Former UBS AG banker Raoul Weil, accused of helping Americans evade taxes, may be allowed to call fellow bankers as witnesses to testify from overseas by video because they fear arrest if they travel to the U.S.