Managers of Wealth Americas

Alwar bank conmen by US agency for credit card fraud

They had used credit cards to book their tickets, which had since been blocked.

Swiss Raiffeisen group pays no penalty in talks with U.S. DOJ

As one of the Swiss financial institutions that had not committed any offenses under U.S. tax law.

Goldman to pay $120m to resolve benchmark manipulation probe

The settlement is the latest in a series of related cases

United States Sues Barclays Bank to Recover Civil Penalties for Fraud in the Sale of Residential Mortgage-Backed Securities

The detailed allegations in the complaint describe Barclays’, Menefee’s, and Carroll’s misconduct in connection with RMBS securitizations Barclays underwrote between 2005 and 2007.

U.S., U.K. and German law firms team up to help whistleblowers

Eligible clients could include anyone working with a European or multinational company whose securities trade on U.S. exchanges, as well as American companies that do business in Europe.

Regulating ETFs: the watchlist

Funds have drawn serious interest from US regulators, but the next steps are unclear

Federal Reserve System bars two former employees of Regions Bank

The indictment further alleges that Henderson and Cooper attempted to conceal those kickbacks by establishing additional shell companies to receive the kickbacks.

Deutsche Bank could settle U.S. penalty this week: source

This would remove the biggest uncertainty facing the bank, which had sought a deal before President-elect Donald Trump, a Republican, takes office on Jan 20.

Bank of America CEO is victim of extortion, warrant details

An SBI spokesperson Tuesday said Alcohol and Law enforcement officers conducted the investigation and arrested Stone.

Texas Woman Bilked Ricky Williams and Other Former Athletes Out of Millions: Report

Peggy Ann Fulford, 58, was arrested Friday in New Orleans on charges of wire fraud, mail fraud, interstate transportation of stolen property and money laundering, authorities say.

When a Patent-Happy Industry Meets Open-Source Technology

While patents reflect serious competitive considerations, they have become more difficult to grant

NCPERS Expands List of Think Tanks that Undercut Pensions

28 Organizations Take Positions That Put Them At Odds with Defined-Benefit Plans

New York hedge fund charged with $1 billion fraud

Investors were repeatedly presented a false picture of the performance of the Platinum funds

CFTC issues Convergent Wealth Advisors a $800K penalty for falsified investment statements

David Zier made fraudulent representations and issued false statements to clients in connection

Treasury Issues Final Regulations to Address Use of U.S. LLCs to Disguise Beneficial Ownership

The new regulations take effect for taxable years beginning after December 31, 2016.

The Wait is Over

Proposed 2704 regulations pack a wallop.

Credit Suisse Facing Huge Penalty

The Swiss bank is also defending itself against lawsuits by the New York and New Jersey attorneys general over similar claims involving billions of dollars of investor losses.

J.P. Morgan draws IRS whistleblower complaint over pension funds

A whistle-blower now claims that JPMorgan’s misdeeds went beyond a failure to disclose.

Deutsche Bank to pay to end 'Dark Pool' probe

One focus of the trading-platform probes has been whether the banks withheld information that might have led clients to route orders elsewhere.

How Panama's revolving door helps shadowy industry defy reform

As pressure grew from media and governments around the world, Panamanian officials shifted to a more conciliatory stance.

Legal, Regulation & Compliance