Managers of Wealth Americas

Citigroup Said to Disband Raytcheva’s Proprietary-Trading Team

Citigroup Inc. disbanded a team of traders who used the bank’s own money to make bets in U.S. Treasury and agency bond markets

Raymond James Named in Two Investor-led Class Action Suits

The EB-5 visa program is designed to reward foreign nationals with U.S. permanent residency green cards as a result of investing in projects that create jobs.

SEC Charges Father, Son, Others in Tribal Bonds Scheme

The SEC further alleges that instead of investing bond proceeds as promised in annuities to benefit the tribal corporation and generate sufficient income to repay bondholders, the money wound up in a bank account in Florida belonging to a company controll

NY regulator wants info from Goldman, banks on Panama firm dealings

Representatives for BNP Paribas SA and Canadian Imperial Bank of Commerce did not immediately return calls requesting comment.

Withers Bergman law firm expands Greenwich presence

The office is also designed to foster collaboration among Withers attorneys, who regularly work together in an integrated fashion to address complex client issues across the firm’s resources in New York, California and internationally.

Zurich Supreme Court confirms data transfer blocking in favour of bank employee

The court considered that the bank employee would fear criminal investigations in the United States once his identity became known, severely endangering the employee.

Ex-Julius Baer Banker Said to Help U.S. in FIFA Laundering Probe

Burzaco pleaded guilty to money laundering, racketeering and wire fraud conspiracies, admitting he used several banks over almost a decade to launder bribes to soccer officials.

CFTC Fines Chicago FCM $150K over Several Historical Reporting Violations

The Order requires Cunningham and Russo jointly to pay a civil monetary penalty of $150,000 and permanently prohibits them from further violations of the CFTC Regulations, as charged.

Madoff Sons' Fight Over Cash Endures Long After Their Deaths

The brothers, who held senior roles at their father’s now-defunct securities business, had to have known about the fraud, trustee Irving Picard claims as he readies another bid to get the estates’ cash.

Allen & Overy announces 35 new Counsel promotions

The 35 promotions span the Banking, Corporate, Employment, ICM, Litigation, Real Estate and Tax practices and are effective as of 1 May 2016.

Lawsuit accuses Middle East bank of stealing an Orange County entrepreneur's technology

Instead, they devolved into a bitter, high-stakes lawsuit against a prominent Middle East bank, a case scheduled to be heard in July by a jury in Santa Ana federal court.

The founder of a bank that reportedly laundered more than $6 billion has been sentenced to 20 years in prison

Prosecutors said Costa Rica-based Liberty Reserve operated an alternative digital currency that helped cyber criminals around the world distribute, store and launder the proceeds of illegal activity.

BlackRock's Landers promotes Petrobras back into top ten holdings

Will Landers, manager of the BlackRock Latin American investment trust, has increased his exposure to Brazilian large-cap stocks, including beleaguered state-controlled oil giant Petrobras, as he believes these companies will benefit when foreign flows st

Maples and Calder Recognised for Seven Airfinance Deal of the Year Awards

A leading financial resource on the aviation industry and market leader for aircraft finance news

Seven big banks settle U.S. rate-rigging lawsuit for $324 million

Several pension funds and municipalities accused 14 banks, including those that settled, of conspiring to rig the "ISDAfix" benchmark for their own gain from at least 2009 to 2012.

Developer Aby Rosen to Pay $7 Million in Suit Over Unpaid Taxes on Art

The New York attorney general, Eric T. Schneiderman, announced a $7 million settlement with Mr. Rosen on Tuesday for failing to pay taxes on $80 million in artwork that he had bought or commissioned since 2002.

DLA Piper doubles City promotions amid 48-strong round

DLA Piper has announced that 48 lawyers have been promoted to its partnership. The promotions are effective as of 1 January 2016 in the United States and 1 May 2016 for EMEA and Asia Pacific. The promotions were made across a wide spectrum of practice are

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