11/06/2023
Consulting firms freeze US starting salaries in bid to shore up profit
McKinsey and BCG among those holding pay at last year’s levels as growth slows
Legal, Regulation & Compliance
11/03/2023
Withers recognized in Best Law Firms 2024 US rankings nationally in 3 practice areas and metro ranked in 12 practice areas
A Best Law Firms ranking helps successful individuals, businesses, charities and not-for-profit organizations identify law firms that best suit their needs and whose professional excellence, knowledge, and expertise are preeminent.
11/03/2023
Sam Bankman-Fried found guilty on seven counts for multi-billion dollar FTX fraud
The verdict marks nearly one year since FTX filed for bankruptcy.
10/27/2023
Bermuda hosts US insurance regulators
The IAIS is the international standard-setting body responsible for developing and assisting in the supervision of the global insurance sector.
10/26/2023
US regulators issue new climate guidance, despite opposition
The guidance is intended for banks with $100 billion or greater in total assets.
10/24/2023
US Federal Reserve Board slaps $14.5m fine on Metropolitan Commercial Bank
The Board clarifies that the bank has taken steps to “remedy the deficiencies identified” and will be required to enhance its customer identification, customer due diligence and third-party risk assessment programmes.
10/23/2023
Canada, CARICOM launch Strategic Partnership following Summit
CARICOM leaders welcomed Canada’s new support of $64.5 million in new climate financing, and $10 million for resilient agriculture systems.
10/23/2023
International Tax Review recognizes Dentons among world's leading tax practices
The annual World Transfer Pricing directory is a part of the ITR group.
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.
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.