11/16/2018
The donor, or grantor, is the individual who creates the trust and transfers her personal assets into it. The trustee manages the trust and its assets as directed by the trust document.
11/16/2018
In our view, the Division’s first principle—focus on main street, retail investors—is a bit of a shift in priorities by the current administration, away from attention on the Wall Street institutions and the practices that many blamed fo
11/16/2018
American corporations have used tax havens for years to avoid higher levies where they actually earn the income.
11/16/2018
The CFTC cautions that orders requiring repayment of funds to victims may not result in the recovery of any money lost because the wrongdoers may not have sufficient funds or assets.
11/15/2018
The soon-to-be-released rules will also likely encompass “quite a few other issues”
11/14/2018
“The new payment system [...] will assist the banks as they work toward commercializing a high-speed, transparent and traceable cross-border payments solution between Japan and Brazil,”
11/14/2018
Danske Bank, Denmark’s largest bank, is being investigated over what has been termed “massive money laundering flows” from Russia and several former Soviet states.
11/14/2018
Mr Mahathir has also refused to rule out banning Goldman from Malaysia.
11/13/2018
The sources said that the business up for sale is part of Rabobank N.A., the California-based unit of the bank
11/13/2018
Based on information shared with Concilla by the brokers who have been solicited, he says those lawyers charge as much as $3,000 a month until the case closes, which those lawyers estimate at around 14 months.
11/13/2018
According to Baldeck, “Morgan Stanley determined that I was reimbursed $272.94 from those funds to pay for meals with my daughters.”
11/13/2018
We are happy to welcome participants from 15 countries in LAC to the Singapore FinTech Festival this year.
11/12/2018
Andrea Vella was placed on leave by the bank after being caught up in the 1MDB affair
11/12/2018
The settlement also resolves a related action seeking declaratory relief against Wells Fargo, as well as claims by Wells Fargo against certain investment advisors.
11/12/2018
The DOJ’s complaint alleges UBS securitized over $41 billion in mortgage loans through 40 deals backed by subprime and other mortgage loans and that investors suffered “many billions of dollars” in losses as a result, the Journal writes.
11/12/2018
Underwood’s E.R.I.C.A. is the search engine for My24erica.com, an entertainment news aggregation site.
11/12/2018
Bindelglass’s suit includes affidavits from the clients Morgan Stanley mentions in his employment separation disclosure, who contradict the wirehouse’s version of events, InvestmentNews writes.
11/08/2018
UBS will contest the matter and is confident in its legal position, based on the facts and the law
11/07/2018
HSBC has said some of its US customers' bank accounts were hacked in October.
11/07/2018
Preparations should be well underway, to assess and ascertain the FATCA compliance status of your organisation.