03/18/2013
Hedge fund firm fined £9.2 million for insider trading of Dell shares
Sigma Capital Management has agreed to pay $14 million (£9.2 million) to settle charges for insider trading
Legal, Regulation & Compliance
03/18/2013
Paulson Seeks to Dismiss Investment Lawsuit
In a filing in New York on Monday, Paulson said it "made no misrepresentations" to ACA Financial Guaranty
03/17/2013
US hedge fund SAC pays record fine to settle insider trading allegations
SAC Capital, a hedge fund run by billionaire Steve Cohen, is to pay $600m (£397m), the biggest insider dealing fine in history
03/17/2013
Oppenheimer Holdings Accuses CIBC of Contract Breach in 2008 Deal
CIBC said in a statement that the claim is "without merit" and plans to defend itself against the suit.
03/14/2013
U.S.-China anti-tax evasion deal seen as crucial, but elusive
China is seen by some tax experts as an important participant if the U.S. China - the world's second-largest economy - is seen by some tax experts as an important participant if FATCA, is to work effectively.
03/14/2013
Credit Suisse to pay $400 million to end U.S. bond lawsuits
Investors who brought the lawsuits had bought National Century notes from 1998 to 2002.
03/14/2013
JPMorgan exec sued over 'bullying' behavior
He was a bully who resorted to physical violence to intimidate colleagues.
03/14/2013
Commerzbank, Eric Holder, and Too-Big-to-Jail
Lerner, 60, pleaded guilty this week to public-corruption charges
03/14/2013
A&O US financial services regulatory chief exits to join Milbank
He represents many of the best-known global financial institutions in their U.S. regulatory matters, including dealings with the Federal Reserve, SEC and other regulatory agencies.
03/13/2013
Ex-Credit Suisse Trader Higgs Is Cooperating, U.S. Says
Higgs and Salmaan Siddiqui, a former colleague, pleaded guilty
03/13/2013
Whoops! Swiss financial advisor accidentally mails U.S. government list of the clients he was helping dodge taxes
Everybody knows the danger of sending things inadvertently in an e-mail
03/11/2013
Oppenheimer paying investors in SEC settlement over valuation issue
Oppenheimer neither admits nor denies the findings in the settlement, and cooperated fully with the SEC.
03/11/2013
HSH Nordbank Settles 2008 CDO Suit in N.Y. Against UBS
The two sides have reached a settlement
03/11/2013
Former Merrill Lynch Financial Advisor Sentenced in Florida for Embezzlement
James Ryan Lanier, 33, was sentenced to 106 months in federal prison for embezzling more than $800,000
03/10/2013
SEC: Goldman cannot obstruct CEO, chairman vote
Lloyd Blankfein currently holds the chairman and chief executive position at Goldman Sachs.
03/07/2013
Wells Fargo releases stress test results
The Federal Reserve disclosed today the results of its supervisory-run DFA stress tests
03/07/2013
U.S. regulators look to punish bankers for money laundering
Regulators and law enforcement authorities have recently settled with top banks
03/07/2013
BB&T discloses Dodd-Frank stress test results
BB&T today released the results of its stress test under a hypothetical economic scenario determined by banking regulators.
03/07/2013
Hedge Fund Manager Charged in US Captured in Italy
He was the founder and chief investment officer of Absolute Capital Management Holdings Limited, a Cayman Islands-based investment advisor that managed nine hedge funds from 2004 until September 2007.
03/07/2013
Citigroup Emerges Victorious
While much of the excitement centered on Bank of America Corp and its nicely padded capital cushion, Citigroup Inc.