11/01/2017
U.S. Tax Cheaters Line Up Against Their Accused Ex-Swiss Banker
It would open us up to investigation.
Legal, Regulation & Compliance
11/01/2017
Womble Bond Dickinson launches – the transatlantic law firm close to home
Womble Bond Dickinson will use its strength and experience in these sectors to create opportunities for its clients and build on the success achieved so far through the strategic alliance.
11/01/2017
Global Reach of MiFID II Strikes North American Buy-Side
The report explores new data requirements and challenges around data lineage
10/31/2017
Celebrities Sue Over Failed Tax Avoidance Ruse
Eclipse 35, One Of The Biggest Partnerships, Was A Tax Avoidance Scheme
10/31/2017
JPMorgan Chase Defends Whistleblower Claim From Madoff Era
The trial in Manhattan federal court is expected to take about a week.
10/30/2017
US Denies Iran-Related Sanctions for Turkish Banks
Three executives from Halkbank, Turkey’s second-largest state bank, have been charged in the US for violating sanctions on Iran and banking fraud.
10/30/2017
Manafort surrenders, Gates asked to turn himself in to Mueller, source says
Gates is a longtime business associate of Manafort, having worked together since the mid-2000s, and served as his deputy on the campaign.
10/30/2017
Amid Russia Row, Miami Boutique Affiliates With Moscow Firm
Diaz, Reus & Targ will have a new outpost in the Russian Federation after aligning with LegaLife.
10/30/2017
Elaborate fake gold bar sparks investigation by RBC, police
The small bar he was provided looked as if it had come from the Royal Canadian Mint, however, upon closer inspection, it was found to be a fake.
10/29/2017
These 13 Wire Transfers Are A Focus Of The FBI Probe Into Paul Manafort
The new revelations come as special counsel Robert Mueller’s investigation is tightening, with reports that an indictment may already have been issued.
10/27/2017
US recommends asset manager stress tests be removed
The regulatory framework for both the asset management and insurance industries can be significantly improved.
10/26/2017
Merrill Lynch, Morgan Stanley Face Discrimination Suits
This week a U.S. District Judge gave Merrill Lynch an extension until the end of the month to submit a response, according to the publication.
10/26/2017
Former private equity firm partner charged with secretly billing clients for vacations and salon visits
According to the SEC’s complaint, despite being caught by the firm and told to stop on two occasions in 2010 and 2012, Rashid continued to expense personal items to clients into 2013.
10/26/2017
SEC Is Said to Review Guggenheim Ties With Argentine Businessman Sonali Basak
Ball’s brother Juan worked at Guggenheim for years.
10/26/2017
Con artist who posed as German heiress in bank scheme busted for stealing $275G
She spent the money on personal trainer sessions, hotel stays at 11 Howard in SoHo and other personal expenses, prosecutors said.
10/25/2017
Goldman Is Said to Mull Bulking Up Small-Cap Coverage Post-MiFID
The person asked not to be named discussing a private matter.
10/25/2017
SEC approves the PCAOB’s new standard for audit reports
This week the SEC approved the PCAOB’s new auditor reporting standard, which makes significant changes to the nature and scope of the auditor’s required disclosures about matters specific to the particular audit.
10/24/2017
Top banker who bragged about making £5.5m by rigging markets during £2.7bn currency deal is found guilty of fraud
The US is seeking to extradite another British banker.
10/24/2017
The return of active helped by pitfalls of passive
Passive investors buy these stocks regardless of quality, value, sustainability or return.
10/24/2017
Kobre & Kim Is the Latest Am Law 200 Firm to Launch in Shanghai
The New York-based boutique says it is expanding its Asia practice into mainland China with unique, conflict-free offerings.