12/09/2013
Overall, 49% thought that no regulator had succeeded in this respect, with a majority of respondents in the US and the UK holding this view.
12/09/2013
The duo of Castleton Commodities International LLC, of Stamford, Conn., and KKR is one of several groups in the running for the assets, which the New York bank is selling as regulators push banks to exit physical-commodity trading.
12/08/2013
The Securities and Exchange Commission today charged the holding company of Cincinnati-based Fifth Third Bank and its former chief financial officer with improper accounting of commercial real estate loans in the midst of the financial crisis.
12/04/2013
The JOBS Act crowd funding provisions provide an exemption from registration for securities offerings under certain conditions. The recent proposed rules are not final, and the SEC is accepting comments on the proposed rules until 3 February 2014.
12/03/2013
BNY Mellon Wealth Management And Its Chief Fiduciary Officer Accused Of Campaign Against Famed Sculptor's Heirs
The new suit accuses BNY and Newman of violating the 2009 settlement agreement, as well as of Breach of Fiduciary Duty.
12/03/2013
Financial institutions specialty law firms merge
The combined firm will have acted as counsel to both issuers and underwriters in over 1,000 securities offerings raising more than $40 billion, and acted as counsel for both buyers and sellers in over 800 merger and acquisition transactions totaling in ex
12/01/2013
Wells Fargo & Co said Monday that a U.S. government request to add one of its executives as a defendant in a fraud case may be in retaliation for the bank's decision to cut off settlement talks.
12/01/2013
Freddie Mac, the mortgage finance giant that nearly failed five years ago.
11/28/2013
Both the U.S. and Switzerland are eager to draw a line under a probe into undeclared money wealthy Americans have stowed in tax havens.
11/28/2013
From 2005 through 2010 Canaccord failed to ensure that certain of its branch managers properly carried out their responsibility to supervise retail account activity
11/27/2013
The legal case is the latest turn in the U.S. probe of American tax evasion in Switzerland.
11/26/2013
The surviving remnants of Lehman Brothers Holdings Inc. are suing two former swaps counterparties over soured swaps
11/26/2013
Tom Mulcair is calling on the Harper government to fire the chairman of the Royal Canadian Mint over his role in a tax avoidance scheme.
11/26/2013
A hedge fund manager facing a Securities and Exchange Commission fraud probe has resigned as adviser to the New Haven, Conn., Police and Fire Pension Fund Retirement Board.
11/26/2013
Barclays Capital Inc has been ordered to pay $2.1 million to a New York-based trader it fired last year in connection with the alleged rigging of the London interbank offered rate, or Libor
11/25/2013
The case arose from one of Citigroup's earlier efforts to shore up its capital base, in the wake of billions of dollars of writedowns tied to subprime mortgages.
11/24/2013
We have been blogging about Puerto Rican municipal bonds over the last several weeks.
11/24/2013
The practice among stock exchanges of paying rebates to some traders puts long-term investors at a disadvantage and the Securities and Exchange Commission should consider eliminating the system
11/22/2013
A former top Credit Suisse trader was sentenced to two and a half years of prison.
11/21/2013
The advisers also are charged with contributing to violations of the “custody rule” that requires investment advisory firms to establish specific procedures to safeguard and account for client assets.