04/17/2019
Recently, the company has made significant enhancements to its financial and capital markets infrastructure including software upgrades and strategic financial hires from SoFi, PwC and Kraft Heinz.
04/16/2019
UniCredit Group Banks Agree to Pay Over $1.3 Billion for Violating Sanctions
04/16/2019
A hedge fund investor in insurance policies from Manulife and other Canadian insurers is fighting a court decision that prevented it from taking full advantage of ‘90s-era contracts.
04/12/2019
An international credit rating agency says New Mexico's unfunded pension obligations to public employees continue to cast a shadow over government finances.
04/12/2019
The accusation is that they did so by concealing CPI’s real ownership stake in Orco to avoid having to make a mandatory offer.
04/11/2019
The proposals could relax capital and stress testing requirements for US branches of foreign banks, but impose stricter liquidity rules on those that engage in riskier activities.
04/11/2019
Democratic lawmakers focused many of their questions on who the banks were doing business with, probing for answers about financing of gun manufacturers and fossil fuels.
04/11/2019
Judge Robert Ruwe's opinion, filed on April 10, generally affirmed the IRS’s determinations that Syzygy did not engage in insurance transactions and did not qualify as an insurance company
04/11/2019
Avenatti was accused last month by the IRS of failing to pay taxes on millions of dollars in personal income and through his firm
04/10/2019
Latin Lawyer's reference to the firm records that "the firm is busiest in the funds space", has been "building its experience of fintech" and is "active elsewhere in the region, in Chile, Argentina, Peru and Central America f
04/09/2019
The proposed changes, which are subject to industry feedback, would relax the capital and stress testing requirements for the subsidiaries of foreign banks.
04/09/2019
Additional changes allow for more flexible and tax-efficient use of distributions in non-registered accounts.
04/08/2019
BlackRock’s chief operating officer and head of solutions Rob Goldstein said he was pleased to help clients more closely couple data and further optimise their operating models.
04/07/2019
A lock-up agreement is a legally binding contract issued by the underwriters of an IPO that prohibits people close to the company, including executive and employees, from selling shares for a period of time, typically ahead of a stock's debut.
04/05/2019
The deal brings over $50 billion in assets to Baird, whose roughly 900 advisors managed more than $208 billion as of the end of 2018, according to the paper.
04/05/2019
BNY Mellon plans to deliver real-time trade data, asset prices and cash positions to the 40-50 clients it shares with BlackRock’s Aladdin.
04/05/2019
UBS is likely to address its approach to the resolution, including whether it will attempt to recoup money from brokers or other employees, in upcoming meetings, the internal source said.
04/05/2019
JP Morgan Chase CEO Jamie Dimon published his annual letter to shareholders on Thursday, and with it warned of a looming economic slowdown
04/05/2019
The SEC’s complaint alleges that Wall and Lighthouse violated the antifraud provisions of Section 17(a) of the Securities Act of 1933 (“Securities Act”) and Section 10(b) the Securities Exchange Act of 1934 and Rule 10b-5 thereunder
04/04/2019
Unfeasible expectations can dampen or even derail the transaction.