Managers of Wealth Americas

Credit Suisse loans under U.S. Fed scrutiny

Reuters reported in January that U.S. prosecutors had initiated an examination of Credit Suisse documents, including internal emails

Freshfields' latest US raid adds Shearman M&A veteran to bolster New York practice

Freshfields has continued its dramatic US hiring spree, adding Shearman & Sterling M&A lawyer Peter Lyons as co-head of its public M&A group.

More Than 40 Cadwalader Attorneys Recognized by Super Lawyers 2014 New York Metro Edition

The publication includes lawyers who have attained a high degree of peer recognition and professional achievement, as well as Rising Stars.

Barclays, HSBC and RBS among 13 banks facing fraud claims in US

Barclays, HSBC and bailed-out Royal Bank of Scotland are among 13 banks facing fraud allegations and a claim for $1.15bn (£700m) in damages in the US state of Virginia over the sale of mortgage bonds during the financial crisis.

New York rebuffs Barclays attempt to dismiss 'dark pool' lawsuit

Schneiderman moved to knock down a key argument in Barclays' motion, that the lawsuit falls outside of the scope and authority of the New York's securities laws, a powerful statue known as the Martin Act.

SEC Obtains Asset Freeze Against Company in Turks and Caicos Islands

The SEC’s complaint also names Laurer’s widow Brenda Davis and another Laurer-controlled company International Balanced Fund as relief defendants because they received investor funds.

UBS Closed Secret Big Accounts, Class Claims

Swiss banking giant UBS converted billions of dollars for its own profit by improperly closing accounts of secret account-holders and refusing to provide records of it, the trust of a former president of the U.N. General Assembly claims in a federal clas

Global law firm adds trans-Atlantic M&A trio in New York and London

Its unique governance system fosters an unparalleled level of integration and contributes to its perennial ranking as among the best in the world in client service.

HSBC agrees to pay $550m to US regulator

The bank has resolved claims over mortgage bonds sold ahead of the financial crisis

U.S. tax evasion and money-laundering sting nabs Canadians

A contingent of so-called “corrupt clients” from Canada have been caught in the net of a massive fraud investigation by the FBI and the U.S. Attorney, a source close to the investigation told CBC.

For Banks, Shift in U.S. Rules to Cut Balance-Sheet Risk

U.S. regulators trying to force banks to maintain enough capital to survive a severe economic shock have signaled a shift in the tools they’re using to achieve that goal.

Risk and compliance specialists in high demand at banks

At a time when banks are trimming staff to lower expenses, one area of hiring remains hot: risk and compliance.

Ashurst’s US banking chief Ridealgh quits for Weil in New York

Ridealgh was already known to Ashurst, having previously worked as an associate in its London office between 1999 and 2003

Washington Trading Probe Broadens to Hedge Funds

There is nothing inherently illegal about investors talking with individuals at Height Securities about its research note.

SEC finds new evidence in insider-trading probe

A Citadel spokeswoman told the newspaper that the firm's communication was intended for "verifying information contained in what we understood to be a broadly disseminated email," adding that it was part of the firm's "compliance

Wall Street regulator considers new rules for dark pools

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.

Fed inspects Turkish Ziraat's New York branch

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.

Former M&T Bank auditor sues after being fired

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.

SEC suspends Maven Asset Management

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.

SEC Announces Charges Against Corporate Insiders

Nearly Three Dozen Charged in Enforcement Initiative to Root Out Repeated Late Filers

Legal, Regulation & Compliance