04/07/2014
Sustainability advocacy group Ceres, in collaboration with BlackRock and other major institutional investors across the globe, announced an initiative to engage global stock exchanges, via the World Federation of Exchanges, on a uniform standard for susta
04/07/2014
The U.S. Securities and Exchange Commission has put together a dedicated group to examine private equity and hedge funds, after the 2010 Dodd-Frank law required the funds to be regulated
04/03/2014
He and another one-time trader at the bank, Javier Martin-Artajo, are considered fugitives by the U.S. government for not coming to the United States to face trial over charges stemming from the so-called London Whale scandal.
03/31/2014
He has good experience understanding the inner workings
03/31/2014
Speech by Mr Daniel K Tarullo, Member of the Board of Governors of the Federal Reserve System, at the Harvard Law School
03/31/2014
New York investment manager Alphonse “Buddy” Fletcher Jr. is being sued by the MBTA Retirement Fund and some of his own hedge funds on accusations that he defrauded them of more than $50 million.
03/28/2014
Regulators have been very active in the wake of the financial crisis
03/28/2014
Many investment managers are still coming to grips with the related operational, staffing, and budgetary requirements of the Foreign Account Tax Compliance Act (FATCA), according to a paper by SEI.
03/27/2014
UBS AG suspended foreign-exchange traders in the U.S., Singapore and Switzerland as its investigation into the alleged rigging of currency markets widened.
03/27/2014
Kenneth Lewis, who turned Bank of America Corp into the nation's largest bank but also saddled it with enormous losses tied to mortgages, has settled a lawsuit accusing him of deceiving investors about one of his biggest acquisitions: Merrill Lynch &
03/27/2014
American, Canadians Accused of Money Laundering in the Caribbean
They were indicted for conspiracy to launder monetary instruments
03/27/2014
Silver investors failed to show that JPMorgan Chase & Co conspired to drive down the metal's price, and an antitrust lawsuit accusing the largest U.S. bank of price-fixing should be dismissed
03/26/2014
David Einhorn, the hedge fund manager, dropped a lawsuit aimed at unmasking an anonymous blogger on the Seeking Alpha financial website, who had discussed one of his fund’s stock positions before it was publicly announced.
03/26/2014
Osborne Clarke is to open in San Francisco, six months after the firm sent a heavyweight contingent to launch an office in Manhattan.
03/21/2014
Cantor& Webb has been shortlisted as one of nine finalists for the 2014 Citywealth Magic Circle Awards in the category of International Law Firm of the Year, USA by UK based Citywealth magazine.
03/21/2014
Deutsche Bank countered that buybacks were the only remedy, and that HSBC failed to identify which loans were covered
03/21/2014
The latest Indicator results verify a growing number of U.S. banks and credit unions are more proactively addressing regulatory change and potential risks
03/21/2014
All big banks but one pass Fed stress test
03/21/2014
Those being designated for acting for or on behalf of or materially assisting, sponsoring, or providing financial, material, or technological support for, or goods or services to or in support of, a senior official of the Government of the Russian Federat
03/21/2014
A US bank regulator has said the Volcker rule, which separates investment banking and trading practices from banks' consumer lending arms, could mean a one-off cost to the industry of up to $4.3bn.