Managers of Wealth Americas

BTG Pactual CEO Esteves Arrested In Brazil's Graft Probe, Police Say

Esteves is under temporary arrest for a maximum of five days, according to an official for the federal Supreme Court, which authorized the action.

Deutsche Bank's Swiss Unit to Pay $31 Million in Tax Case

The Department of Justice has announced that Deutsche Bank (Suisse) SA (Deutsche Bank Suisse) reached a resolution under the department’s Swiss Bank Program. Deutsche Bank Suisse will pay a penalty of more than $31 million.

Accountants eye return on audit help for wealthy

More audits for the wealthy mean more work for those accounting firms with a family office practice.

Judge approves Merrill Lynch-Fund settlement agreement, fees

The court recognized that neither of the parties opposed the agreement.

US Treasury to tighten corporate tax inversion rules

As Treasury Secretary Jacob Lew said in a statement Thursday: "Only legislation can decisively stop inversions".

Justice Department Announces Privatbank IHAG Zürich AG Reaches Resolution Under Swiss Bank Program

IHAG will pay a penalty of more than $7 million.

Rich investors value protecting wealth over high returns

It's often assumed that financial planning for high-net-worth individuals is all about sophisticated investments and complex strategies that are either too expensive or otherwise off-limits to the general public.

U.S. SEC Fines Connecticut Firm $1 Million for 'Custody Rule' Violations

Sands Brothers violated the SEC's so-called "custody rule," the SEC said.

Swiss banks to pay $81 mln, avoid U.S. charges on aiding tax evasion

These banks will collectively pay penalties totaling more than $81 million and continue to cooperate with the department.

US clamps down on tax avoidance with new rules

Move unlikely to halt inversion between Pfizer and Allergan

Citigroup wins lawsuit vs. Connecticut firm over Swiss franc losses

The judge directed Citigroup and Tormar to try to reach an agreement

Barclays to Pay $150 Million More to Regulator in Forex Probe

Additional Fine Brings Overall Barclays Foreign Exchange NYDFS Penalty to $635 Million

Madoff Victims to Soon Recoup Another $1.18 Billion

Once the payout, Picard's sixth, is finished, eligible recipients will have recouped about $9.13 billion.

International law firm boosts Global Tax Team

He was previously a leader of the West Coast tax practice at another global law firm.

U.S. close to finalizing rules on banker bonus pay: OCC

The rules are expected, among other things, to dictate when banks can take prior years' bonuses back from bankers, for example if the employee engaged in fraud.

SEC Charges Pump-and-Dump in Marley Coffee Stock

The SEC alleges that Jammin Java’s former CEO Shane Whittle orchestrated the scheme with three others who live abroad and operate entities offshore.

Gilbert Arenas Demands At Least $40 Million From Financial Management Firm

Arenas claims that Boulevard Management, Inc. fell well short of the standard of care that it publicly advertises, causing Arenas to lose many millions of dollars.

FINRA Fines Scottrade $2.6 Million for Failing to Save Emails

FINRA rules require firms to save all documentation in a non-rewritable, non-erasable format

Mutual Fund Adviser Advertised False Performance Claims

The investigation was supervised by Jeffrey Finnell and Robert Baker.

Hausfeld Announces $120 Million Settlement With Barclays in LIBOR Litigation

In June 2012, Barclays admitted to manipulating LIBOR in settlements with U.S. and U.K. regulators.

Legal, Regulation & Compliance