02/23/2017
Chamber: Parliament must pass FATCA bill
Debate on the TIEA comes very close to the deadline for its passage that T&T agreed with the US Treasury Department.
Legal, Regulation & Compliance
02/23/2017
Prudential may hit Wells Fargo for account scandal costs-filing
It was unclear how much in costs Prudential may seek.
02/23/2017
Brazil's central bank may accelerate easing following rate cut
The decision was unanimous and reflected favourable inflation developments and mixed signals on activity.
02/22/2017
Wells Fargo Fires Four Senior Managers Amid Phony Account Scandal Investigation
All four individuals have been terminated for cause by a unanimous vote by the board of directors.
02/22/2017
Chadbourne & Parke and Norton Rose Fulbright to Combine
The global firm will comprise more than 4,000 lawyers in 58 offices spanning 32 countries.
02/21/2017
King & Spalding Continues Major Expansion
These six partners have prominent practices and are highly regarded transactional lawyers with deep Texas connections in the energy, projects and real estate sectors which will broaden our footprint in the region.
02/21/2017
Citigroup settles on $5 million fine with South African authorities on forex collusion case
This figure does not exceed 10% of Citibank N.A.’s annual turnover in the Republic of South Africa.
02/21/2017
Wells Fargo fund business on the defensive amid sales scandal
Last September, the bank said it reached a settlement with the authorities over findings that its branch staff opened up to 2 million unauthorized customer accounts.
02/21/2017
New Global Private Client Practice launched
The Global Private Client Practice advises families, family offices and trust companies on tax, business and other legal issues as they interact with the United States.
02/20/2017
US banks want money launder rules eased
The Clearing House will propose a new system under which banks do not investigate and report every transaction that could possibly raise a red flag
02/20/2017
Credit easing, regulation put plans on critical list
Attempts to help economy and protect workers backfire for corporate funds
02/20/2017
IBS Investment Bank Inks $100 Million Agreement With NC Multifamily Operator MACC Venture Partners
This partnership delivers us a competitive edge in acquiring stable assets in high-barrier to entry markets IBS, N.A.
02/17/2017
Ex-Rabobank Trader Stewart Avoids Prison in Libor Rigging
He came under suspicion years after he had left the bank, resigning in 2009 to care for his ailing father.
02/17/2017
Shocking Arrest Warrant Issued For Billionaire Samsung Head Jay Y. Lee
Lee has denied any wrongdoing in the case, maintaining that he never willingly made bribes for preferential government treatment.
02/16/2017
Judge nixes overseas vacation for Wilmington Trust defendant
The attorney for Rakowski, who surrendered her passport, said she was not a flight risk.
02/16/2017
Deutsche Bank examined Trump's account for Russia links
Bank looked for evidence of whether loans to president were underpinned by guarantees from Moscow, Guardian learns
02/15/2017
Trump Policy Changes Bring IRS Guidance to a Standstill
No revenue procedures or rulings for awhile.
02/15/2017
Morgan Stanley in Hot Water Over Inverse ETFs
Morgan Stanley settles charges with the SEC, Merrill plans to expand impact investing capabilities for advisors and the Valentine's Day index is released.
02/15/2017
EU Panama Papers Inquiry Chief Condemns U.K. No-Show
It was “most disappointing and regrettable that no one at the political level at HM Treasury was able or willing to meet” during the trip to London last week from the European Parliament’s Panama Papers inquiry committee
02/15/2017
Alter Domus acquires Carta fund services in the US
CARTA specialises in providing Private Equity focused.