Managers of Wealth Americas

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

HSBC's global spread left it open to crime: CEO

The probe made scathing criticism of HSBC's anti-money-laundering systems and found its lax controls allowed two drug cartels to move $881 million through the bank.

$4.3 Million Arbitration Award Against GenSpring Family Offices

The team of Dovin Malkin & Ficken and Vernon Healy recently won a $4.3 million arbitration award against GenSpring Family Offices, a money management firm owned by SunTrust Bank, which offers investment advice and money management services to high and

CFTC Orders The Royal Bank of Scotland plc and RBS Securities Japan Limited to Pay $325 Million Penalty

With this Order, the CFTC has now imposed penalties of more than $1.2 billion on banks for manipulative conduct with respect to LIBOR and other benchmark interest rates

Final FATCA Regulations Released - Withers

The US Treasury Department has now released the long-anticipated final FATCA regulations, which build upon the foundation of the proposed regulations but contain some significant additions and modifications.

Dangerous To Pay Two Execs $78 Million, Moody's Tells Jefferies

Moody’s thinks Jefferies Group‘s $78 million in pay for two of its top executives is a bad idea

Financial crisis fallout: Justice Department set to charge S&P

The suit, which could be filed as early as this week, would allege that S&P fraudulently rated mortgage bonds

Swiss tax haven is over

International tax services, apart from the American, will be able to collect data relevant from January 1, 2013.

BlackRock Sued by Funds Over Securities Lending Fees

Defendants have systematically violated their fiduciary duties

Rothwell Figg welcomes veteran litigator

He is a past president of the International Trade Commission Trial Lawyers Association.

Prominent NY prosecutor enters private practice

He joins a growing list of government lawyers who have left public service for private practice.

Credit Suisse loses bid to sever ex-National Century CEO from trial

Scheduled trial court ruling result.

Cantor & Webb P.A. Shortlisted for Prestigious Industry Award

The PAM Awards are designed for investment professionals, wealth advisors and legal advisors operating within the private asset management and/or legal industry.

U.S. Is Preparing More Tax-Evasion Cases

The U.S. is expanding its crackdown of offshore tax evasion

Near-80-Year-Old Millionaire Pleads Guilty to Offshore Tax Evasion

An elderly heiress and charity benefactor pleaded guilty in a Florida courtroom

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