01/06/2016
An SEC investigation found that although J.P. Morgan Securities LLC (JPMS) did not pay commissions to registered representatives in its U.S. Private Bank, compensation was not based on client performance.
01/06/2016
It acknowledged that this standard is "possibly the most difficult theory in corporation law upon which a plaintiff might hope to win a judgment.
01/06/2016
Firms can now report changes in the value of their debt as part of “other comprehensive income,” which isn’t part of the bottom line that analysts and investors watch most closely.
01/06/2016
Law firm mergers and acquisitions are a primary strategy to acquire new business in a market where demand is flat or constrained
01/05/2016
In the quest for growth, law firms continued to look overseas to countries such as China
01/05/2016
Irving Picard reaches deal with Vizcaya Partners as well as with Vizcaya’s investors and their bank
01/05/2016
In September last year, following an investigation by US regulators, VW admitted fitting the so-called defeat device on 11 million vehicles globally.
01/04/2016
This amount has been entirely provisioned and does not affect the capital ratios of the group or of the bank, which remains among the world's best-capitalized banks
01/04/2016
Officials at the standards board said the change was intended to align accounting standards with Supreme Court rulings and literature
01/04/2016
A Financial Planning investigation shows that a systematic expungement, or purging, of numerous advisors’ disciplinary histories not only raises questions about the value of BrokerCheck
01/04/2016
Their promotions became effective on January 1.
01/04/2016
Angelo began his finance career in 1966 working on the bond floor of the New York Stock Exchange
01/04/2016
In the first case, filed in 2013, the S.E.C. brought an administrative charge against Steven A. Cohen over his failure to supervise two employees accused of engaging in insider trading at his hedge fund firm
12/31/2015
Authorities in Milan told the publication that Apple was under investigation for failing to declare earnings in Italy from 2008 through 2013.
12/31/2015
Salvatore Alesia violated a previous court order prohibiting such conduct
12/31/2015
Webb managed more than $400 million in assets for high-net-worth clients as a senior director of portfolio management at BNY Mellon.
12/31/2015
An earlier appeal failed in February 2014.
12/30/2015
Barclays did not admit or deny wrongdoing in agreeing to the settlement
12/30/2015
Banks are posting huge profits and the stock market has surged in recent years.
12/30/2015
Julius Baer has reached an agreement in principle with the U.S. Attorney’s Office for the Southern District of New York with respect to a comprehensive resolution regarding its legacy U.S. cross-border business.