Managers of Wealth Americas

Chinese billionaire portrayed as criminal and hero at trial

"Mr. Ng acted in good faith at all times," Park said.

SEC Said to Scrutinize Hedge Funds’ Handling of Hot IPO Shares

The SEC’s examination comes after it found instances in which firms violated securities laws by directing winning trades to their own employees and favored clients.

ALM First Financial Advisors named Preferred Vendor by Achieva Merger Services

ALM First is a leading strategic partner within the financial industry, providing commission-free, fee-based services to more than 250 institutions across the country.

Combining this year's promotions and new lateral talent, the Firm added 139 partners

Nearly 40% or 31 of the new promotions are women; a market-leading number for any law firm.

Supermodel Kerr hands over $8m in jewellery linked to 1MDB

Australian supermodel Miranda Kerr has handed over $8.1m (£6.4m, €7.2m) worth of jewellery to US authorities that she allegedly received from former boyfriend Jho Low, a person of interest in the 1MDB scandal.

RBC to pay $16.5 mln to clients in regulatory settlement

While having neither admitted nor denied the accuracy of the facts and conclusions of OSC Staff, the RBC Registrants have agreed to the settlement, and intend to compensate clients a total of $21,802,231 including opportunity costs on fees.

Broker-Dealers Call for End to Regulation by Enforcement

A regulation by enforcement culture encourages broker-dealers to “always be on the defense, she added.

In latest bonus clawback, Barclays to get $450K from adviser

The deal pushed arbitration winnings this year by Barclays

US banks pass first round of annual stress tests

Clean bill of health from Federal Reserve opens door to increased shareholder payouts

U.S. regulators, lawmakers support Volcker rule revamp at hearing

We could have that group regulated one way and have everyone else regulated less, a lot less.

IT Priorities 2017 survey: Compliance initiatives in full throttle

In a recent interview with SearchCIO, Sculley said meeting industry compliance rules can help offset the numerous data security threats facing modern companies.

Legal Issues Making It Hard For Wells Fargo To Regain Customer, Investor Confidence

This benefits the bank in the long run due to the jump in interest payments over the longer loan period.

Less Stressful Tests Seen Boosting U.S. Bank Payouts $30 Billion

The banks being tested will return $121 billion to shareholders in the form of dividends and share buybacks over the next four quarters

Broadridge Launches Trade Reporting Solution for SFTR Regulatory Change

SFTR requires EU counterparts engaging in securities finance transactions to report trade data to a registered Trade Repository.

OECD's Multilateral Instrument to amend Mexico’s double tax agreements

Mexico did not make a reservation with regards to the application of Article 3of the MLI.

Robo-advisers expected to meet fiduciary rule

The push follows announcements the SEC made in February that robo advisers will not be exempted from any of the legal obligations that apply to other advisers.

Ex-Portfolio Manager Sentenced For Inflating Hedge Fund Value

He'll owe 15 percent of his gross income until his fine is paid off.

Wells Fargo may be in hot water again

The changes lowered home owners' monthly mortgage payments, but it also meant they'd owe Wells Fargo a lot more money over a much longer period of time.

Former Julius Baer banker pleads guilty in U.S. FIFA corruption probe

Arzuaga did not name him, but the president of the Argentine Football Association at the time was Julio Grondona, who died in 2014.

IRS Rolls Out Offshore Voluntary Disclosure Compliance Campaign

A more targeted approach to noncompliance.

Legal, Regulation & Compliance