05/04/2016
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.
05/03/2016
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
05/03/2016
The bank had accrued "substantially all" of the settlement amount previously, Bank of America said in a filing with the U.S. Securities and Exchange Commission.
05/02/2016
JPMorgan Chase & Co, the largest US lender by assets, said the Justice Department's criminal division is among regulators investigating its hiring practices in Asia.
05/02/2016
Court puts investors on the hook for pension liabilities of acquisitions
04/29/2016
Robert Tricarico has been given the opportunity to request a hearing on the allegations by Connecticut Banking Commissioner Jorge Perez.
04/29/2016
Key to Sell 18 First Niagara Locations and $1.7 Billion in Deposits to Northwest Bank
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.