Managers of Wealth Americas

G20 ‘determined’ to address tax evasion by multinational companies

“We are determined to develop measures to address base erosion and profit shifting.”

Leumi and Tefahot implicated in Los Angeles tax evasion case

According to an indictment against a former Israeli businessman, the alleged tax evasion took place between 2003 and 2010, and involved the opening of a bank account in Israel.

Some HNW and family offices reassured that they will not pay for insider trading probe legal fees

The amount of the investor redemption notices exceeds the US$1 billion figure

Switzerland, U.S. sign pact on fighting offshore tax evasion

The law requires foreign financial institutions to tell the U.S. Internal Revenue Service about Americans' offshore accounts worth more than $50,000.

SEC to Move on Fiduciary Standard in Next Two Months

"Opinions at the commission vary a great deal on the costs that it would impose

Ex-Stanford Chief Accountant Lopez Sentenced to 20 Years

The fraud was built on bogus certificates of deposit at Antigua-based Stanford International Bank Ltd

Statement from the SBA regarding the signing of the FATCA agreement

The SBA welcomes the signing of an agreement between Switzerland and the US for the facilitated implementation of FATCA.

Credit Agricole wins end to Intesa lawsuit on toxic CDO

Intesa had "no chance of success whatsoever" to recover its entire $180 million investment

UBS And Merrill Lynch Win $2.5 Million DotCom Customer Case

Claimant Kaiser sought $2,850,000 in compensatory damages

Ex-Jefferies Trader Litvak’s Trial Set to Begin April 1

Litvak, 38, of New York, was arrested Jan. 28

Troubled Bahraini bank Arcapita files reorganisation plan

Arcapita's case is being closely watched in the Gulf, where companies have little recourse to orderly ways of dealing with insolvency.

Zamansky & Associates Announces Its Investigation of the UBS Willow Fund's Wind Down

The Willow Fund was a hedge fund which offered and sold more than $225 million in private placement interests

Advisor Gets Over 12 Years For $16M Fraud

The SEC and federal prosecutors racked up another win on Tuesday after an Illinois federal judge threw the book at a shady financial advisor who pilfered $16 million in mutual fund shares from clients.

SunTrust Sues to Stop Hedge Fund's $13 MLN FINRA Arbitration

The latest one brought by a bank to challenge claims by investors that their disputes can be heard and decided by FINRA arbitration panel.

JPMorgan Chase Hid Mortgage Flaws From Investors, Emails Suggest

That review found that 20 to 80 percent of the mortgages did not meet underwriting standards, Bloomberg reports.

UBS wins end to 'travesty' of lawsuit over tax evasion

Thursday's decision arose from a July 2011 lawsuit by three customers who had held Swiss bank accounts at UBS, and joined an Internal Revenue Service amnesty program that required them to pay back taxes on balances plus 20 percent penalties.

K1 Hedge Fund Founder Indicted in $311 Million Fraud

The information filed against Tausche alleges a similar scheme against Barclays Bank

CC elects US restructuring chief as new Americas head

Cohen, who has led Clifford Chance’s Americas banking practice since 2005

Art dealer Guy Wildenstein charged with tax evasion

A bank based in the Bahamas had also been charged with complicity in tax evasion.

Merrill wins dismissal of CDO lawsuit by South Korea's Woori

A U.S. judge threw out a lawsuit from South Korea's Woori Bank accusing Bank of America Corp's Merrill Lynch unit of misleading investors about the riskiness of collateralized debt obligations, saying the suit had missed a deadline under South K

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