Managers of Wealth Americas

Ex-Barclays Trader Admits Conspiracy to Rig Currency Prices

Separately, the Federal Reserve Board said it banned Katz from the banking industry.

New Filing Requirements for Foreign-Owned Disregarded Entities

Attempt to combat offshore tax evasion.

Are performance-based fees better for investors? New disclosure rules have firms experimenting

The firms are hoping these performance-based fee structures will entice Canadian investors, particularly those experiencing sticker shock in the coming months.

Hedge Fund Sues GOP-Hated Regulator for Exceeding Its Authority

RD Legal occupies a niche in the hedge fund industry, offering law firms and plaintiffs money in return for future payouts tied to legal disputes.

Here's One Immigration Policy That Should Withstand President Donald Trump

Known as the investor visa, the EB-5 visa has been around since the 1970s.

Former VP of Maryland Bank Charged with Bank Embezzlement and Wire Fraud for Alleged Six-Year Scheme to Steal over $1.8 Million

According to the criminal information, from April 2010 through July 2016, Strohman was Senior Vice President at a federal savings bank in Maryland, which had branches in Pikesville and Highlandtown.

Odebrecht used offshore firms to transfer money to Peru

The case constitutes an unprecedented criminal scheme in Peru, unlike the ones usually processed in the country's justice system, such as collusion and cash payments.

Lawsuit over Silicon Valley currency startup spills into Charleston

They say they paid and that the shares never arrived

NY Expands Jurisdictional Reach Over Foreign Banks Using Correspondent Accounts

The majority found that Pictet “affirmatively act[ed]” by crediting the funds transferred first to the New York correspondent account

Texas Rangers launch criminal probe into Dallas' pension shortfall

The inquiry also comes on the heels of a state report that said cities facing large pension crises, like Dallas and Houston, aren't likely to get financial help from the state.

Don't Dismiss the Donald Trump Administration on African Policy

African nations should engage with incoming officials or risk losing out on investment and growth opportunities.

Wells Fargo settles dispute with a group of black brokers

'We do not agree with the claims in the lawsuit"

SEC Probes Banks’ Sale of Soured Mozambique Bonds

The SEC last month sent letters to bondholders asking them for documents provided by Credit Suisse

Justice Department Reaches Final Resolutions Under Swiss Bank Program

Information Received Continues to Drive Civil and Criminal Enforcement Efforts

State high court: Cities’ private lawyers’ bills can go public

The ruling was at least a partial victory for advocacy groups and media organizations seeking more public disclosure of government records.

Protectionist Walls Are Popping Up…Around Banks

Financial regulators are increasingly focusing on shoring up their local banking systems

Law Firms’ Accounts Pose Money-Laundering Risk

Hundreds of millions of dollars allegedly siphoned from Malaysian state fund 1MDB passed through firms’ pooled accounts in U.S., prosecutors say

The arrests of 6 Platinum Partners executives aren't much consolation for their alleged victims

All six Platinum executives pleaded not guilty and an attorney for Shulse told Reuters he plans to do the same

Whistleblower to testify in Wells Fargo case

Wells Fargo chief executive John Stumpf resigned in Oct after intense questioning before Congress

Banks rush to cut deals over toxic mortgages

As a result, these banks may have benefited from paying billions less than once proposed.

Legal, Regulation & Compliance