11/30/2016
Swiss bankers plead not guilty in New York
The charges mark the first time employees of a cantonal bank, which benefit from a state guarantee
Legal, Regulation & Compliance
11/30/2016
Law firm Eversheds eyes US merger
Eversheds confirmed last night that it was in talks with Sutherland Asbill & Brennan
11/30/2016
Low Cost Demand and Pending Regulation Amplify Pricing Pressure on U.S. Advisory Industry
Advisors are preparing for the impact that the Department of Labor's Conflict of Interest Rule
11/29/2016
Citigroup ‘Glorified Secretary’ Fired After Accusing Boss
She was fired two weeks after reporting a supervisor who demanded she pass along protected inside information so he could be given to favored clients.
11/28/2016
Puerto Rico bondholder groups square off in court
Hedge funds, mutual funds and retail investors each hold roughly one-third of the Puerto Rican debt.
11/28/2016
Why Wells Fargo may dodge fake accounts lawsuit
Wells Fargo is asking for a court to throw out a class action suit from customers who had accounts opened up in their names, without their knowledge, to help bank executives secure bonuses.
11/28/2016
Bank Regulators Seek ‘Miracle’ Deal on Capital Before Trump
The U.S. has pushed for strict rules to protect against future market meltdowns
11/23/2016
Atlanta law firm launches website recognized by AWWWARDS
Smith describes the Firm's boutique value proposition as "efficiency by design.
11/23/2016
Desire to be A True International Citizen Drives Demand for Second Passports in the Region
As the number of HNWIs increase in emerging economies, so does the expectation for freedom of movement
11/22/2016
EU to retaliate against US bank capital rules
Most bankers are reluctant to hold multiple pools of capital around the world
11/22/2016
IRS Wants Court Authority To Identify Bitcoin Users & Transactions At Coinbase
Last week, the Department of Justice filed paperwork in federal court requesting the identities of United States Coinbase customers who transferred convertible virtual currency at any time between December 31, 2013, and December 31, 2015. Coinbase, whic
11/22/2016
Sun Life makes changes to streamline life insurance applications
Company to begin selling life insurance to people who are HIV-positive
11/22/2016
Grant Thornton employees are actually using that vacation time
Under the new policy, they took a median of 19.1 days off.
11/22/2016
Trump must show backbone and repeal Fatca: deVere CEO
The introduction of Fatca, which has seen foreign financial institutions refuse to accept US clients.
11/22/2016
BofA must face fraud lawsuit by Tutor Perini over debt
Tutor Perini estimates its losses at more than $50 million, including interest
11/21/2016
Brazil is breaking with its south-south focus. What it means for BRICS
Brazil seems to be moving away from those ideals, raising questions about its continued membership of the BRICS.
11/20/2016
Nomura, RBS appeal U.S. judge's $839 million mortgage bond award | Reuters
Following a non-jury trial, U.S. District Judge Denise Cote, who presided over most of the cases, ruled against Nomura, which sponsored $2 billion of securities sold to Fannie and Freddie, and RBS, which underwrote four of the deals.
11/18/2016
PE giant’s risky bluff pays off with deal approval
The PE giant believed Justice had not prepared to sue and therefore would not block the deal even though it was expressing concerns about it.
11/18/2016
Chile central bank keeps interest rate on hold at 3.5 pct
As expected, and maintained its neutral bias.
11/18/2016
JPMorgan Chase Paying $264 Million to Settle FCPA Charges
JPMorgan also is expected to pay $72 million to the Justice Department and $61.9 million to the Federal Reserve Board of Governors for a total of more than $264 million in sanctions resulting from the firm’s referral hiring practices.