04/18/2017
Ex-J.P. Morgan broker expelled for not complying with FINRA probe
The firm accused her of using the funds for her personal use.
Legal, Regulation & Compliance
04/17/2017
Innovative approaches to protecting retiree portfolios
A structured note is a debt obligation that tracks both an underlying debt obligation and a derivative embedded within it.
04/17/2017
What wealth managers can learn from the Wells Fargo scandal
Every firm is different. Every day is different. Every employee is different.
04/13/2017
Morgan Stanley Fined $1M Over FA Sales Contest
Galvin first brought charges over the sales contest in October, and at the time, Morgan Stanley said they were without merit.
04/12/2017
Managed Portfolio Advisors Enters into an Agreement with BNY Mellon’s Pershing
The agreement unites MPA’s overlay management services with Pershing’s technology platform
04/12/2017
UBS Must Face Trial On Whether Holding Co. Was Customer
U.S. Magistrate Judge William Matthewman, who is fielding the case without a district judge, said the facts of the case could be interpreted in favor of either UBS or Bounty Gain Enterprises Inc. The holding company has asked arbitrators with..
04/11/2017
Lombard Global, Inc. and Glendale Capital Partners Form Corporate Finance Strategic Alliance
It will extend client relationships with transaction advisory and other management consulting offerings.
04/11/2017
New York's High-Flying Firms Hit New Heights in Profits, Revenue
On the revenue front, 11 of the 17 sampled firms saw gross revenue surge by about 5 percent or more. Revenue was up from 2015 at all but two of the firms.
04/11/2017
Four more banks named in bond price-fixing complaint
Who worked at three of the banks, has also been named as a defendant in the amended lawsuit.
04/10/2017
Barclays's Staley Draws U.S., U.K. Whistle-Blower Probes
Regulators review whether bank chief tried to unmask tipster
04/10/2017
Taxpayers Face Offshore Account Disclosure Dilemma
What is a worried taxpayer to do?
04/10/2017
Fight Over 2 Big Law Accounts Sparks Legal Tech Spat
At the root of the dispute is a fight over document management technology for law firms.
04/10/2017
Morgan Lewis Adds Corporate, Technology Transactions Veteran Nancy Yamaguchi as Partner
Her clients include global companies in the semiconductor, software, manufacturing, automotive and FinTech industries.
04/09/2017
5 Things Mutual-Fund Investors Should Know About Mutual-Fund ‘T’ Shares
With the retirement rule that spurred these shares now delayed, demand might not materialize
04/07/2017
RegTech: Evolution or revolution?
RegTech might not sound particularly new or revolutionary – after all, financial services firms have been using technology to automate their processes for decades, right?
04/07/2017
Fraud and Fraudulent Conveyance Claims for $686 Million Allowed To Proceed Against Hedge Fund in Long-Running Dispute over Failed Securitization
Justice Marcy Friedman of the New York Commercial Division denied a motion for summary judgment seeking to dismiss claims of fraud, breach of the covenant of good faith and fair dealing, and fraudulent conveyance brought against a hedge fund, Highland Cap
04/06/2017
Gary Cohn supports splitting lending and investment banks
In the meeting which was arranged by Senate Banking Committee Chairman Mike Crapo, Cohn had discussions on topics including financial regulations and overhauling the tax code.
04/06/2017
Americans abroad lobby for tax changes
FATCA requires financial institutions in other countries to report information about accounts held by U.S. citizens.
04/06/2017
Central banks face common challenges in providing liquidity assistance
One important lesson from the crisis is that liquidity assistance should be provided swiftly
04/06/2017
Moscow region ex-Finance Minister's wife was think tank in his gang
The fact that the couple had long been going to leave Russia, it became clear during the investigation.