Managers of Wealth Americas

Ex-Credit Suisse Client, 83, Admits Hiding $5.7 Million

An 83-year-old Massachusetts man who held Swiss bank accounts at Credit Suisse Group AG (CSGN) and Wegelin & Co.

Whitman Capital Founder Found Guilty Of Insider Trading

Whitman Capital LLC hedge fund founder Doug Whitman was convicted of insider trading following a trial in which he spent more than two days on the stand telling jurors he was innocent.

JOBS Act: SEC delays rules on hedge fund soliciting

The JOBS Act was signed into law by President Barack Obama on April 5, 2012, and contains the lifting of the advertising ban for small businesses among other things.

4 arraigned in big bucks, precious metals bullion Ponzi-scheme

When the alleged Ponzi-scheme collapsed, Global Bullion Trading Group, Capital Assessment Management, and Certified, Inc., all filed for bankruptcy.

Hedge-Fund Manager Cites Insider Suspicions

His request was captured on a phone call secretly recorded by Ms. Khan at the direction of the FBI.

Morgan Stanley Unit Fined Over Trader’s $1.3 Billion Bet

The brokerage didn’t have enough controls in place to detect that Jared Weinryt, 31, had breached his $116 million trading limit as he made overnight bets on futures, Finra said this month.

Hall of Fame Football Coach Accused in Ponzi Scheme

The Securities and Exchange Commission has announced fraud charges against a former college football coach who teamed with an Ohio man to conduct an $80 million Ponzi scheme that included other college coaches and former players among its victims.

Fed and FSA pushing new regulator to play by rules

The Bank of England, which will soon take over many regulatory responsibilities from the FSA, and the chancellor have also made their concerns clear.

Deutsche Bank Top Hollywood Banker Claims Police Beating

The claim, which lists damages of as much as $50 million, is a necessary step before a lawsuit can be filed, Flanagan said by telephone.

JPMorgan, UBS Said Among Banks Queried in Libor Probe

Subpoenas were sent in recent weeks to five of the banks, Deutsche Bank AG (DBK), Royal Bank of Scotland Group Plc and HSBC Holdings Plc (HSBA) in addition to JPMorgan and Barclays, said the person. Citigroup Inc. (C) and UBS AG (UBSN) received subpoenas

Top Swiss banks sacrifice staff to placate U.S.

Julius Baer and Zuercher Kantonalbank also said they received authorization. HSBC said it has delivered documents and is cooperating with the U.S.

HSBC dealings in Middle East in spotlight

But the 335-page investigative report into money laundering violations contained a trove of information about HSBC’s dealings in the Middle East, including Iran and Syria.

Capgemini, Pegasystems, and DLA Piper Partner for Comprehensive FATCA Compliance Solution

Impending end of year deadline affects all foreign institutions with US clients

UBS Sues Billionaire Olenicoff for Filing Failed Tax Suit

Olenicoff, who built his fortune as the chief executive officer of Newport Beach, California-based Olen Properties Corp., pleaded guilty in 2007 to filing a false tax return.

Apologetic Swiss banks sweat it out as US, Europe mull redress

Washington, however, must factor forthcoming elections into its thinking, and Germany is delaying ratification of a tax deal key to Switzerland's efforts to strike similar agreements elsewhere in Europe.

N.Y. Regulator Scrutiny Extends From Banks to Carnival Games

The event attracts local luminaries such as musician Paul Simon and hedge- fund managers and their families from nearby Greenwich.

Porsche fails to halt US hedge fund lawsuit

Porsche SE, a holding company, whose carmaking business in now owned by Volkswagen, said late on Wednesday it continued to believe the damage claims were without factual and legal merit, adding it would appeal against the decision.

UBS denies report it abets German tax evasion

The bank doesn't provide tax services to clients, UBS spokesman Dominique Gerster told Dow Jones Newswires.

Former Barclays trader "has cooperated" with Libor probe

The hedge fund, WCG Management, sent an email to its investors on Sunday informing them that the $3.4 billion fund is not under investigation in the Libor probe, but confirmed that portfolio manager Ryan Reich has drawn scrutiny from U.S. prosecutors.

JPMorgan Sued by Israel’s second-biggest bank

Jennifer Zuccarelli, a spokeswoman for JPMorgan, didn’t immediately respond to an e-mail seeking comment on the suit.

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