Managers of Wealth Americas

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.

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

Legal, Regulation & Compliance