04/29/2016
As the industry continues to digest what the fiduciary rule means, advisors will need “to diversify their service offering” as a means to delivering “more value to prevent fee compression.”
04/29/2016
Tutenuit’s troubles at Bank of America’s Merrill Lynch Capital Markets unit in France started when he negotiated a signing bonus that the bank believed was designed to make up for deferred compensation he lost when he left JPMorgan.
04/29/2016
The firm understands that as its people grow and develop as VBAs, the firm’s clients realize benefits with even greater levels of service and satisfaction.
04/28/2016
As a starting point, Samuel’s presentation provided a history and overview of the Cayman’s legal framework with emphasis on the cooperative efforts it has made to lead by example in the international financial community.
04/28/2016
Deal allows for automatic exchange of information about U.S. citizens’ accounts
04/27/2016
Getting access to the papers will be a challenge.
04/27/2016
The pay plans were approved but 36.4 per cent of votes were cast against.
04/26/2016
Surviving spouse deemed transferor for gift tax and GST purposes
04/26/2016
The bank's broker-dealer and custody and clearing arm allegedly violated SEC and Finra rules through operational, supervisory and record-keeping misconduct
04/24/2016
Under the rules, banks that have had their plans rejected have 90 days to revise their plans, unless regulators decide to shorten or lengthen that time frame.
04/24/2016
Only 18 of the 669 registered investment advisers subject to the rule would face the heaviest regulation
04/22/2016
Firms to pay about $30 million to former investors in software company whose sale to Vista was marred by a share-count error
04/22/2016
The documents, which have come to be known as the Panama Papers, contained information on about 214,000 offshore companies and showed how individuals and corporations were able to hide assets and avoid taxes.
04/22/2016
Global Attorney Steven Cantor of Cantor & Webb Cited
04/22/2016
The documents, which have come to be known as the Panama Papers, contained information on about 214,000 offshore companies
04/21/2016
Regulators target some liquid alternative and exchange-traded funds. Will the rules make matters worse?
04/21/2016
The investigators had been looking into Goldman Sachs’s mortgage-securities business
04/20/2016
The finance ministry expects the legislation, signed into law in January with little fanfare, to raise about $10 billion for government coffers
04/19/2016
UBS AG went to trial on Monday over $2.1 billion in losses that investors incurred on mortgage-backed securities after the collapse of the U.S. housing market.
04/15/2016
In early April, cybercriminals believed to be of Eastern European origin unleashed a malware that stole $4 million from more than 24 American and Canadian banks in just a few days