Managers of Wealth Americas

Citco launches FATCA compliance program for clients

The Citco Group of Companies has announced that it has undertaken an extensive Group-wide initiative to ensure full compliance with FATCA regulations.

K&L Gates poaches three-partner team from Sidley

K&L Gates has focused heavily on its City finance practice this year

Commerzbank cooperating in IRS case involving employee

"The bank is fully co-operating with the authorities," the Commerzbank spokeswoman said by telephone on Friday.

Deutsche Bank unveils revamped global panel

The US firm is understood to have regained its place on the panel after the Frankfurt-headquartered bank completed its rejig of the roster towards the end of September.

Osiris CEO Pleads Guilty To Conspiracy

Spak and his co-conspirators solicited investors to invest in the Osiris Fund, which they pitched to prospective investors as a hedge fund for the “little guys” and “moms and pops.”

FATCA: Model Intergovernmental Agreement Released

This is a key step towards delivering on the commitment made by the same countries in their joint statement published in February 2012 that first heralded this intergovernmental approach.

Ex-Hedge Fund CEO Pleads Guilty to $4 Million Fraud

The fund incurred trading losses of about $4.5 million in April and May 2010

Bank of America Reaches Settlement in Merrill Lynch Acquisition-Related Class Action Litigation

Total Third-Quarter 2012 Litigation Expense Estimated to Be Approximately $1.6 Billion

US removes sanctions from two Myanmar banks

"The Treasury Department looks forward to collaborating with the Government of Burma."

Former Credit Suisse banker arrested

"He was taken into police custody and extradition proceedings will commence at Westminster Magistrates Court tomorrow," a police spokesman said.

SEC Seeks to Intervene in Lehman Unit Fight With Barclays

The SEC has the legal right to participate in all cases involving a brokerage that’s being liquidated under the Securities Investor Protection Act, the regulator said in a letter to the U.S. Court of Appeals in New York.

Mashreq clear to pursue case

Mashreq, the UAE bank caught up in the affair, will also get its chance to press for the repayment of cash it has claimed from the Al Gosaibis.

Top securities regulator probes Westboro wealth management firm

An administrative complaint brought by Secretary of the State William Galvin’s office seeks to deny CCR Wealth Management that registration.

Rajiv Goel Sentenced To Probation And Fines

The US federal court in New York on Monday sentenced him to two years of probation, a fine of $10,000 and ordered him to forfeit $266,000.

Deutsche Bank VP says fired in retaliation for bias case

Plaintiff claimed German bank "mommy-tracked" her

Child Actors Sue Bank of America

Bank of America is once again in the hot seat, this time for allegedly withdrawing money from child entertainers’ bank accounts, according to a recent class action lawsuit.

SEC files fraud charges against Ore. fund manager

The Securities and Exchange Commission filed fraud charges Thursday against a Portland man accused of running a Ponzi scheme that raised more than $37 million.

Baker Tilly Named as One of the 2012 Best Accounting Firms to Work

This annual list was created by Accounting Today and Best Companies Group to identify, recognize and honor the best places of employment in the accounting industry.

U.S. power market regulator threatens to suspend JPMorgan

The move by the U.S. Federal Energy Regulatory Commission (FERC) is the latest salvo in a months-long enquiry into whether the bank, one of the biggest power traders on Wall Street, manipulated power prices in the Midwest and California power markets.

Judge rules on legal spat between ex-Soros traders

"This case is about the falling out between two of them."

Legal, Regulation & Compliance