10/20/2023
US Treasury proposes crypto mixer-crackdown to end anonymous transactions
In the last year the US sanctioned crypto mixers Tornado Clash and Blender for allegedly supporting North Korean hacking organisation Lazarus Group.
Legal, Regulation & Compliance
10/18/2023
Court rules Bolivia must pay Bermuda company
Bolivia is known for rich mineral deposits, including tin, silver, lithium and copper.
10/18/2023
Marstone Announces Partnership With Woodforest National Bank® to Deliver Digital Wealth Management to Its Customers
As a privately held community bank, Woodforest operates its branch network across 17 states
10/16/2023
Taichung Commercial Bank ends US bank deal
The acquisition would have allowed Taichung Bank to boost its visibility in the North American market.
10/16/2023
Citibank analyst dismissed for lying about meals expenses claim under €100 limit
Szabolcs Fekete had blamed ‘very small’ coffees and denied that meals had been eaten with his partner
10/13/2023
Carey Olsen advises Birkenstock on New York Stock Exchange listing
Birkenstock began trading on October 11 2023, under the symbol "BIRK".
10/13/2023
PNC Financial to cut jobs after profit drops, revenue misses estimates
PNC revenue for the three months ended Sept. 30 fell 5.7% to $5.23 billion, missing analysts' average estimate of $5.32 billion.
10/12/2023
SEC Tightens 13D Disclosure Rules — And Throws Swaps Into the Mix
The new rules also force investors to disclose their cash-settled swaps positions for the first time.
10/10/2023
22 Greenberg Traurig Attorneys Recognized in 2024 Benchmark Litigation Labor & Employment Guide
Ashely M. Farrell Pickett was named a “Future Star,” and Philip I. Person was named a “40 & Under Star.”
10/06/2023
Benchmark Litigation Names Jennifer Keller to "The Top 100 Trial Lawyers in America" and Recognizes Four K/A Partners as "Star Litigators"
This elite group consists of partners who have been venerated by peers and clients as being the best in breed at the nuanced practice of trial law
10/05/2023
Fidelity unit fined $900K by FINRA for due diligence lapses
FINRA also faulted the firm for flaws in its process for principal review, including not requiring multiple customer applications to be considered and not mandating comparison of information being provided.
10/05/2023
World Bank raises Latam growth estimate, citing inflation fight
With interest rates climbing in developed markets and growing expectations they will remain higher for some time, the ratio points to a growing cost of servicing that debt.
10/02/2023
Ex-Goldman associate charged with insider trading
US Attorney Damian Williams says: “No matter how evasive insider traders’ conduct, or the lengths gone to hide their offenses, this Office will track down and prosecute those who attempt to cheat the system.”
09/29/2023
US judge orders Apple to face Apple Pay antitrust suit
Apple did succeed in getting a a "tying" claim dismissed which accused it of requiring purchasers of iOS devices to buy Apple Pay or forego purchases of competing wallets.
09/28/2023
AI monetization potential points to further equity upside
Tech stocks have remained under pressure in September, with rising yields and mixed results weighing on performance.
09/27/2023
US Regional View: Higher for longer
The result of last Wednesday’s Federal Open Market Committee (FOMC) meeting turned out to be more eventful than most investors were anticipating.
09/27/2023
JPMorgan agrees to pay $75 million in pending settlement with U.S. Virgin Islands in Jeffrey Epstein case
The firm will continue to work with law enforcement to combat human trafficking and help to identify improper money movement into the global payments systems.
09/26/2023
Deutsche Bank Subsidiary DWS to Pay $25 Million for Anti-Money Laundering Violations and Misstatements Regarding ESG Investments
To settle the charges, DIMA agreed to pay a total of $25 million in penalties.
09/25/2023
The activist sued by Elon Musk: ‘We have to show we will not be cowed’
The activist sued by Elon Musk: ‘We have to show we will not be cowed’
09/20/2023
Ex-Deutsche Bank investment banker pleads guilty to crypto fraud
U.S. prosecutors and regulators have been working to crack down on fraud involving digital assets.