12/28/2011
Husband faces civil suit in death of rich UBS wealth manager
Shele Danishefsky Covlin, 47, a UBS wealth manager, was found dead in her upper West Side bathtub on New Year’s Eve 2009.
12/28/2011
The ruling came in response to accusations from some customers that past work done by the firm for JPMorgan Chase & Co, one of MF Global's main lenders, constituted a conflict of interest.
12/28/2011
His story is exemplary of the whistleblower-like firings and resignations that have graced headlines since the days of Enron.
12/28/2011
The Bank violated a U.S. regulation known as SHO
12/27/2011
It is the Securities and Exchange Commission's new "most-wanted" list: a chart covered with handwritten notes, yellow highlighter and the names of about 100 hedge funds.
12/27/2011
The trustee liquidating the Lehman brokerage said he identified about a $5 billion shortfall in customer reserve accounts.
12/20/2011
Now Handler is defending the company he built, aiming to retain staff amid investor concern that Europe’s debt crisis and the collapse of MF Global Holdings Ltd. will drive up financing costs or lead to losses.
12/19/2011
Over the last three decades, income inequality has again soared to the sort of levels that alarmed Brandeis.
12/15/2011
There are about 3,000 single-family offices in North America managing $1.2 trillion, according to estimates from Family Wealth Alliance LLC, a research and consulting firm in Wheaton, Illinois, which studies the industry.
12/15/2011
Swieca made the decision because of new financial regulations that require firms to register with the U.S. Securities and Exchange Commission by March 2012
12/12/2011
Under the Dodd-Frank Act, the private adviser exemptions in the Investment Advisers Act of 1940 will be replaced with 'venture capital fund adviser', 'foreign adviser' and 'private fund adviser' exemptions, says law firm Kaye
12/09/2011
The mortgage loans backing the securities were worth much less than had been represented and were taken out by borrowers "who were much less creditworthy than had been represented," the lawsuit said.
12/08/2011
Many former Lehman executives have disappeared from the spotlight, while several have landed jobs elsewhere on Wall Street:
12/08/2011
Amir Zavieh, a naturalized U.S. citizen born in Iran, was charged late Tuesday with fraud and conspiracy by federal prosecutors in Fort Lauderdale, Florida.
12/05/2011
Pierre Lagrange, a co-founder of GLG Partners Inc., said in a complaint filed yesterday in Manhattan federal court that he paid $17 million for a painting called "Untitled 1950" from Knoedler in November 2007 that the gallery said was by Pollock
12/05/2011
Some businesses have accepted silver from Bowen, he said, and he has made charitable donations with the coins, but he wants the state to follow its own law.
12/02/2011
Wells Fargo, based in San Francisco, says the overpayments involve the interest rates on taxes paid and stem from acquisitions by the bank from 1996 through 2008.
12/01/2011
Rajaratnam was also ordered to forfeit $53.8 million and to pay a $10 million fine.
12/01/2011
FINRA initiated a regulatory investigation, which resulted in Reilly being suspended in July 2011 for failing to respond to requests by the regulator for information. In October 2011, FINRA converted the suspension to a bar.
11/29/2011
Swiss banks need to know what the U.S. is accusing them of to be able to negotiate a solution, Nicolas Pictet, president of the Swiss private banking association and a managing partner at Pictet & Cie. told Aargauer Zeitung in an interview.