09/26/2012
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.
Legal, Regulation & Compliance
09/25/2012
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.
09/25/2012
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.
09/20/2012
Deutsche Bank VP says fired in retaliation for bias case
Plaintiff claimed German bank "mommy-tracked" her
09/20/2012
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.
09/20/2012
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.
09/20/2012
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.
09/20/2012
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.
09/19/2012
Judge rules on legal spat between ex-Soros traders
"This case is about the falling out between two of them."
09/19/2012
Judge enters order against alleged "green" Ponzi scheme
The Securities and Exchange Commission obtained a final judgment on Thursday for an alleged $135 million "green" Ponzi scheme.
09/19/2012
RAYMOND JAMES FINANCIAL
REPORTS AUGUST 2012 OPERATING DATA
09/18/2012
Deloitte announces revenue results of US$31.3 billion
Deloitte Touche Tohmatsu today announced aggregate member firm revenues of US$31.3 billion for the fiscal year ending 31 May 2012, marking the network’s highest revenue ever.
09/17/2012
Morgan Stanley had fired funeral association's investment adviser
One of two investment advisers working with the Wisconsin Funeral Directors Association, now under investigation by two state agencies for possible securities violations, was fired by Morgan Stanley earlier this year, federal documents show.
09/17/2012
Court says Merrill must pay two former brokers $10 mln
The $10.2 million award to Florida brokers Tamara Smolchek and Meri Ramazio was among the largest of the individual deferred compensation cases brought against Merrill.
09/17/2012
Ex-UBS Banker Alleged Attacker Charged
A New York man has been charged with theft and attempted extortion from a former UBS M&A banker, who was tied up at gunpoint during a terrifying home invasion in Bedford Hils, New York, in May.
09/17/2012
Morgan Stanley infrastructure fund hit by Volcker rule
A U.S. regulation that limits how much of its own capital a bank can put at risk is causing headaches for Morgan Stanley as it prepares to raise a new multi-billion-dollar global infrastructure fund, people familiar with the situation said.
09/16/2012
SEC Makes History, Charges NYSE With Unfair Practices
The U.S. Securities and Exchange Commission brought historic charges against the New York Stock Exchange. What were they?
09/16/2012
UK and US sign landmark FATCA anti-tax evasion pact
AGREEMENT BETWEEN THE GOVERNMENT OF THE UNITED STATES OF AMERICA AND THE GOVERNMENT OF THE UNITED KINGDOM OF GREAT BRITAIN AND NORTHERN IRELAND TO IMPROVE INTERNATIONAL TAX COMPLIANCE AND TO IMPLEMENT FATCA
09/15/2012
JPMorgan faces money laundering probe
The exact scope of the inquiry and the size of potential liabilities for the bank could not be learned.
09/13/2012
Hamas financing case can proceed against Arab Bank: judge
Arab Bank denied the claims, saying that Gill was caught in the crossfire between two military forces and that Gill had failed to show Arab Bank's liability for the shooting.