01/29/2014
Jefferies Group LLC, the investment bank owned by Leucadia National Corp., agreed to pay $25 million to settle U.S. criminal and civil probes of suspected abuses in the trading of mortgage-backed securities after the financial crisis.
01/29/2014
Senior U.S. officials are clashing over whether the asset-management industry poses risks to the financial system, setting up a fight over whether the industry should face tougher oversight.
01/28/2014
HSBC was found to have laundered over $670 billion over the course of four years, and this makes BitInstant's total amount pale in comparison.
01/28/2014
Cross trades serve a legitimate purpose and benefit both parties when done appropriately
01/27/2014
The uphill climb banks face in addressing and paying for regulatory issues has proved steeper than State Street chairman and chief executive Joseph Hooley anticipated.
01/25/2014
US accounting firm KPMG violated rules aimed at maintaining auditors’ independence from their clients and will pay Rs 8.2 million to settle the charges
01/25/2014
The disclosure on the FINRA site doesn’t specifically accuse Bank of America of any wrongdoing.
01/24/2014
Prosecutors said he collected money from friends and former classmates for a hedge fund, but used the money to cover personal expenses, as well as to make Ponzi-style payments to investors.
01/24/2014
Class-Action Suit Alleges Bank Defrauded Investors
01/24/2014
Leading law firm launches new Operational Intelligence Group
Operational Intelligence Group set up in anticipation of more global risk and regulatory changes
01/24/2014
JPMorgan's chief executive Jamie Dimon hit back at the US government for a raft of 'unfair' fines related to the mortgage securities scandal that ended up costing the Wall Street giant billions of dollars in settlements.
01/23/2014
Investors rely on truthful and complete disclosures about valuation methodologies and fund fees and expenses
01/23/2014
Credit Suisse is one of about a dozen Swiss banks that are under criminal investigation by the U.S. for allegedly helping Americans evade taxes by using Switzerland's bank-secrecy laws to hide assets.
01/23/2014
Proskauer appoints head of its tax practice
In the last 12 months alone, he advised on deals with an aggregate value exceeding $26 billion.
01/23/2014
The row over global audit firms in China has taken a new turn
01/22/2014
Mr. Weil was arrested during a visit to Italy late last year and then agreed to be extradited to the U.S.
01/20/2014
New York Attorney General Eric Schneiderman has abandoned his effort to obtain damages from Bank of America Corp over its purchase of Merrill Lynch & Co
01/20/2014
US regulators continue to find weaknesses in the way that HSBC Holdings tries to prevent money laundering
01/17/2014
This is good news for countries around the world
01/17/2014
Former Morgan Stanley wealth manager says sex tapes made with three women were accidentally recorded by camera meant to watch his dog:prosecutors
“I have this camera set up in my apartment to watch my dog when I'm not there,” John C. Kelly allegedly told prosecutors