Managers of Wealth Americas

When the FEDS Went After the Hedge-Fund Legend Steven A. Cohen

Inside the government’s nearly ten-year battle against one of the most powerful men on Wall Street.

US banks gear up to fight Dodd-Frank Act’s Volcker rule

Lobbyists plan to present evidence to congressional leaders that the Volcker rule is bad for companies, investors and the US economy

Auditing the Auditors in Asia

Accounting scandals underscore the importance of sound accounting and auditing practices and oversight.

Deutsche bank said to eye private equity help in settlement

One option it’s reviewing is to instead lend to firms like Lone Star Funds, which specialize in buying bad mortgages from government auctions and lowering consumers’ obligations. Amanda Williams, a spokeswoman for Deutsche Bank, declined to co

New SEC Chair a Welcome Chance to Reassess Rules for Advisors, Observers Say

There is little to indicate he has, as of yet, any informed opinion on the rules governing the industry.

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.

Legal, Regulation & Compliance