09/22/2011
Lehman to drop appeals over Barclays sale
Lehman to drop appeals over Barclays sale
Legal, Regulation & Compliance
09/22/2011
Bernard Madoff Liquidator Criticized by JPMorgan For Demanding 19 Billion Dollar Damages
Bernard Madoff Liquidator Criticized by JPMorgan For Demanding 19 Billion Dollar Damages
09/19/2011
U.S. tax-evasion probe turns to Israeli banks
The U.S. pursuit of offshore tax evaders is widening to include Israel, where U.S. authorities are scrutinizing three of Israel's largest banks over suspicions their Swiss outposts helped American clients evade taxes, people briefed on the matter sai
09/16/2011
FINRA bars former broker who sent fake emails
A former broker accused of sending fake emails about a customer's loan application has been barred from the securities industry.
09/16/2011
Gutfreund Blames UBS Trading Loss on Diminished Controls
He also comments on the prospects for the banking system amid a deepening euro-zone debt crisis.
09/12/2011
JPMorgan chief says bank rules ‘anti-US’
New international bank capital rules are “anti-American” and the US should consider pulling out of the Basel group of global regulators, Jamie Dimon, chief executive of JPMorgan Chase, has said.
09/12/2011
U.S. has tax statistics from 10 Swiss banks: report
U.S. authorities now have statistical data from the ten Swiss banks being investigated by the United States for helping U.S. clients to dodge taxes, Swiss newspaper Neue Zuercher Zeitung reported on Saturday.
09/09/2011
Republicans want list of streamlined U.S. bank rules
Republicans want list of streamlined U.S. bank rules
09/09/2011
Bank of America: Too Big to Obey the Law
Bank of America: Too Big to Obey the Law
09/08/2011
US law firm opens Istanbul office
The Istanbul office expands the firm's substantial presence in emerging markets and will concentrate on mergers and acquisitions, private equity, capital markets, corporate finance, project finance, and tax.
09/08/2011
Don Chu of Primary Global Gets 2 Years Probation
Chu represents the first member of the expert network arrests to be sentenced to prison, just as he was the first arrested.
09/08/2011
Brazil Blocks Transfer to Libya to Prevent Funding for Qaddafi
Brazil Blocks Transfer to Libya to Prevent Funding for Qaddafi
09/07/2011
"Fraud As a Business Model"
There were many factors that contributed to our recent financial bubble: deregulation, cheap money from the Fed, failure to enforce remaining regulations, crony capitalism, hubris, speculation, leverage, and fraud among other problems.
09/07/2011
State prosecutors offer US banks deal over robo-signing lawsuits
In response to the allegations, state prosecutors are said to have come up with settlement language that might require these banks to pay somewhere in the ballpark of $10 billion to $25 billion.
09/05/2011
SFO joins US inquiry into bank practices
SFO joins US inquiry into bank practices
09/05/2011
Potential Lawsuit Tanks Banks
Potential Lawsuit Tanks Banks
09/02/2011
Prosserman's 'Chasing Madoff' invests too much in Markopolos
Less well known is the equally riveting story of Madoff whistle-blower Harry Markopolos, who waged a lonely decadelong campaign to uncover Madoff as a crook.
09/01/2011
PwC and Crowe Sued over Colonial Bank Audits
PwC and Crowe Sued over Colonial Bank Audits
09/01/2011
Ex-Galleon trader sentenced to 5 1/2 years in prison
Ex-Galleon trader sentenced to 5 1/2 years in prison
08/31/2011
Bank of America kept AIG legal threat under wraps
Bank of America kept AIG legal threat under wraps