08/15/2014
As Bank of America prepares for a possible multibillion-dollar settlement with the government, the deal is expected to share a feature common to similar settlements with other banks – a big portion that’s tax-deductible as a business expense.
08/15/2014
HSBC headquarters in Argentina raided as part of money-laundering probe
The bank claims the documents were destroyed in a fire back in February but officials are investigating the claim.
08/14/2014
The Fed and other regulators have been pushing firms to bulk up their capital to avoid a repetition of the 2008 financial crisis
08/14/2014
Bacon, the chairman and chief executive officer of Moore Capital Management LLC, wants more than a thousand hours of footage
08/14/2014
Judge Bernstein said Irving Picard failed to show J. Ezra Merkin knew Bernard Madoff, currently serving a 15-year prison term, was running a giant Ponzi scheme.
08/14/2014
The hedge-fund firm, which has about $37 billion in assets under management, counter-sued Rokos earlier this month
08/13/2014
A former Massachusetts Institute of Technology professor and his son agreed to plead guilty to running a $500 million hedge-fund scam that was uncovered by investigators probing Bernard Madoff’s Ponzi scheme.
08/13/2014
No dates have been set for when the men will make their guilty pleas or when they will be sentenced.
08/13/2014
Many of them were asleep at the wheel last time so they want to be wide awake to any potential problems when the next financial crisis starts to rear its ugly head.
08/12/2014
Ex-fund manager to pay $20-million for breaching duties to investors
Today's decision follows an earlier decision dated August 23, 2013
08/12/2014
JPMorgan Chase & Co’s retail-banking general counsel Matthew Biben has left the bank three years after joining.
08/12/2014
The Securities and Exchange Commission has charged a Bahamas-based brokerage firm and its president for enabling a fraud that was halted when the SEC charged the hedge fund manager at the center of the scheme.
08/11/2014
McMahon in 2008 had sentenced Israel to 20 years for fraud
08/11/2014
fund. Both men had faced up to 20 years in prison
08/10/2014
The SEC Whistleblower Program Year in Review – Introduction
08/08/2014
Confidential Memorandum of Understanding Formally Ordered Bank to Make Far-Reaching Improvements
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.