06/24/2013
Fox Rothschild Expands Denver Practice With Lottner Rubin
Five associates and one counsel will allow Fox Rothschild to expand its offerings both in Colorado and in the Mountain West region
Legal, Regulation & Compliance
06/24/2013
Libor scandal: regulators launch global review
Mark Carney, chairman of the Financial Stability Board and incoming Governor of the Bank of England
06/20/2013
KPMG Again Ranked Among World's Best Outsourcing Advisors
KPMG receives highest designation of "balanced performance" by leading industry organization
06/19/2013
ABN AMRO clearing unit fined $1M over account breaches
Settling the charges without admitting or denying wrongdoing
06/19/2013
SimCorp Webinar Addresses Challenges with Growth and Regulatory Requirements
Following on the heels of the global financial crisis, progressively more legislative regulation has been initiated to increase control and supervision.
06/11/2013
SEC fines CBOE $6 million for regulatory and compliance failings
The financial penalty is the first assessed against an exchange for violations related to its regulatory oversight. Previous financial penalties against exchanges involved misconduct on the business side of their operations.
06/11/2013
Switzerland seeks US answers on whistleblower spy claims
"In line with the Vienna Convention on diplomatic relations, Switzerland expects members of diplomatic missions in Berne and permanent missions in Geneva to respect the laws and rules of the country," it added.
06/09/2013
SEC Charges California Wealth Manager With Insider Trading
The SEC alleges that Dosti used inside information from Kuo to trade into and out of De
06/09/2013
Full payout to Lehman Brothers' customers begins Friday: Trustee
The trustee liquidating Lehman Brothers' collapsed brokerage will begin a round of distributions
06/09/2013
DLA Piper Beats Out Baker & McKenzie at Top of Chart
The results are part of this year's NLJ 350, The National Law Journal's annual survey of the nation's largest law firms. Rankings are based on the number of full-time lawyers at firms as of December 31.
06/06/2013
Saudi Prince sues Forbes for underestimating his wealth by $9 billion on its ‘rich list’
Prince Alwaleed bin Talal is a very rich man he’s worth $20 billion,
06/05/2013
Wells Fargo, Merrill to pay $5.1 million to settle charges over bank loan funds
Wells Fargo Advisors LLC and Merrill Lynch have been ordered by the Financial Industry Regulatory Authority Inc.
06/05/2013
HSBC To Be Sued By New York Over Foreclosure Abuses
The state of New York plans to sue HSBC Holdings Plc for ignoring a law designed to protect struggling homeowners from being thrown into foreclosure without getting a chance to renegotiate their mortgages.
06/04/2013
Bank of America, Wells Fargo Fined By Finra Over Funds
Wells Fargo and Banc of America allowed their brokers to sell floating-rate bank loan funds to investors for whom the positions were unsuitable, resulting in significant losses to many customers
06/03/2013
UBS unit to pay $5.3 million to settle SEC charge
The rule prevents an entity from buying stocks in a public offering if it has shorted those same stocks
05/30/2013
HSBC Money-Laundering Investigation Letters Spark Questions Over Rushed Fine
A series of emails and letters released to Public Citizen, a Washington-based advocacy group, paint a partial picture of the Treasury
05/29/2013
A Former UBS Banker Became Mentally Unstable After A Helicopter Crash And Spent Millions On Total Strangers
What's more is his Bank of America financial adviser, who was aware of his mental condition, did nothing to stop it
05/28/2013
Liberty Reserve shut down in $6bn money laundering case
US regulators become increasingly concerned about the abuse of online currencies
05/28/2013
Ex-KPMG senior partner to plead guilty to insider trading
Investigators then reportedly tape-recorded Mr London passing on information
05/28/2013
Swiss banks strike deal with US over tax evasion
The Swiss government agreed on Wednesday to create a legal basis that will allow its banks to settle investigations by US authorities into their role in helping wealthy Americans evade billions of dollars in tax.