Managers of Wealth Americas

Firm Settles Ponzi Scheme Allegations for $1 Billion-Plus

The SEC had also accused Woodbridge founder and CEO Robert Shapiro of making Ponzi payments

Suspected Fraud Against Seniors Doubles in Five Years

Financial advice industry regulators have already taken steps to address elder abuse

Chubb Announces Long-Term Distribution Agreement with Banco de Chile

Chubb to be exclusive partner for life and general insurance products for Chile's leading bank

Dynasty Closes In-House Wealth Management Unit

A Dynasty spokeswoman tells FA magazine that it closed the business in the fourth quarter of 2018 but discussions to do so began at the end of 2017.

Three U.S. Government Filing Requirements Every American With Assets Offshore Needs To Understand

The threshold is $10,000, and you can meet it by holding $10,000 in a single bank or brokerage account offshore or by holding an aggregate of $10,000 spread among multiple bank or brokerage accounts outside the United States.

1.6 million Canadian banking records shared with IRS

CRA now transferring 600,000 banking records per year under controversial information sharing agreement

Indiana RIA Charged with Stealing $1 Million from RBC Wealth Management

If your firm mistakenly deposits $1 million in your brokerage account, can you keep it?

Wall Street Braces for MiFID-Style Rules Descending on the U.S.

Capital Group, T. Rowe will eat costs of outside research

Goldman, Citi Drop Chinese Peer-to-Peer Lenders After Crackdown

Their concerns mainly stemmed from the timing of the deals, with an uncertain outlook for P2P companies and a slumping market knocking down valuations.

The Fed is probing Deutsche Bank over billions in suspicious transactions in another twist in the Danske Bank money laundering scandal

The US Federal Reserve is investigating how Deutsche Bank handled billions suspicious payments from Danske Bank, as regulators try to unravel who was involved in one of the largest financial scandals in history.

Lawyers for ex-HSBC trader attack ‘ever-shifting’ case

New legal filings show US appeal will seek to have rate-rigging verdict overthrown

Hedge fund Brokwel Management sues Venezuela for $20m loans default

A secretive hedge fund is suing the Venezuelan government for allegedly defaulting on more than $20m (£15.5m) of loans.

Lawyers Raise Prospect Of "Special Measures" Against Dubai As Dispute Over Frozen $500M Drags On

The saga dates back to November 2017, when $496m belonging to The Port Fund, a Kuwaiti investment firm, was frozen while passing through Noor Bank in Dubai.

Is it time for Foreign Financial Institutions to hire IRS Representation?

This is the first round of required FATCA Certifications of Foreign Financial Institutions.

Dechert Wins Multiple Honors

Dechert has also led Purdue Pharma’s national defense strategy in more than 1,400 federal and state lawsuits arising from the marketing of opioid medications.

Proskauer Wins Practice Group of the Year

Additionally, partner Jeff Horwitz was recently named a Hospitality MVP by Law360.

SEC's Office of Compliance Inspections and Examinations Announces 2019 Examination Priorities

OCIE’s examinations also will continue to be guided by the same four “pillars” presented in OCIE’s examination priorities for 2018

One New Year's Resolution Attorneys Don't Tell Their Boss

As 2018 ends and bonuses are paid out, it is important to let it all sink in

Wells Fargo settles SEC lawsuit over Curt Schilling's 38 Studios

Terms were not disclosed.

Ex-Standard Chartered banker prepares to plead guilty in Iran case

Emerging markets lender under investigation for alleged sanctions breaches

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