05/12/2014
U.S. Advances Offensive on Use of Swiss Insurance to Hide Assets
The NPA applies only to the four specific entities that are party to it and does not apply to any other subsidiaries of swisspartners Investment Network AG or any individuals.
05/12/2014
The regulator said the unit treated the phrases interchangeably, even though indications of interest lead to share purchases only if investors reconfirm them, while conditional offers to buy can result in binding share purchases unless investors revoke th
05/12/2014
A senior JP Morgan executive has been fined $20,000 and banned from being employed by any company operating in the Qatar Financial Centre over acts of "serious misconduct".
05/12/2014
The U.S., which has been investigating Credit Suisse for at least three years into whether it helped Americans evade taxes
05/09/2014
Powerball-winning Florida adviser with stake in fund accuses firm of breaching fiduciary obligations
05/08/2014
Colorado lawmakers approved the first financial system for the marijuana industry Wednesday
05/08/2014
Indian-origin executive charged with fraud in US
An Indian-origin executive at an investment advisory firm here has been charged by the US Securities and Exchange Commission with fraud and of siphoning investor proceeds to pay for his luxury car payments and settle other personal expenses.
05/08/2014
The general mood among the speakers and delegates was that the increased transparency created by FATCA
05/08/2014
Concern that regulatory scrutiny will curb the market for collateralized loan obligations may have been overblown.
05/07/2014
Coutts braced for hit from US tax inquiry into Swiss bank clients
Coutts said it was ‘taking a judicious approach to its involvement’ with the US Department of Justice settlement
05/07/2014
The regulator has not accused any of the banks of wrongdoing, the paper said.
05/07/2014
Plaintiffs say the firm breached its fiduciary duty in selling proprietary funds that were not in the best interests of clients
05/07/2014
Hedge Fund Advisory Firm Accused Of Distributing Falsified Performance Results
The Securities and Exchange Commission today announced fraud charges and an asset freeze against a New York-based investment advisory firm and two executives for distributing falsified performance results to prospective investors in two hedge funds they m
05/06/2014
The regulator said the unit treated the phrases interchangeably, even though indications of interest lead to share purchases only if investors reconfirm them, while conditional offers to buy can result in binding share purchases unless investors revoke th
05/05/2014
Credit Suisse is one of over a dozen Swiss banks under criminal investigation in the United States
05/02/2014
Bank of America is among at least eight banks under investigation for misleading investors
05/01/2014
The bank wasn’t named as a defendant in the indictment filed yesterday in federal court in Los Angeles, which referred to “Bank A.”
04/30/2014
The move comes as the U.S. Justice Department ramps up its investigations of Swiss banks
04/30/2014
The founder of a Swiss trust company that federal prosecutors say worked with Credit Suisse Group AG to help American clients evade taxes is expected to plead guilty today in Virginia, according to court records.
04/29/2014
Companies that have a WKSI status enjoy numerous benefits