08/28/2015
These regulations are intended to address (among other things) waivers of certain management fees by private equity fund managers in exchange for increased future payments.
08/28/2015
A UBS spokesman said OFAC agreed that the bank's conduct in this case "was not egregious.
08/28/2015
These have been available for estate planners for the last two decades
08/28/2015
He asked a London judge for more time to prepare an expert report on trading
08/27/2015
In a statement, Barclays said it was “pleased with the court’s thorough and well-reasoned decision dismissing all the allegations in the complaints
08/26/2015
A closer look at how the controversial new metric affects institutional investors.
08/26/2015
It's only used in the event that extremely high market volatility is likely to have a floor-wide impact
08/26/2015
A former JPMorgan Securities analyst was arrested and charged in an alleged insider trading scheme that netted more than $600,000.
08/25/2015
The deficiencies arose because on each of those dates, Schwab had inflows of cash that exceeded the amounts it could invest with existing facilities, so instead, Schwab transferred $1 billion to its parent company for overnight investment.
08/25/2015
Two more Swiss banks have reached resolutions with the Justice Department under its Swiss Bank Program.
08/21/2015
CFPB, NY Securities Regulator Sue Companies Over Pension Advance Scheme
According to the complaint filed in California federal court, from 2011 through December 2014 the companies conned customers
08/21/2015
IRS Data Breach Much Larger Than Initially Reported
Tax agency reveals now roughly 600,000 accounts thought to be affected.
08/21/2015
Ex-JPMorgan banker to plead guilty in embezzlement case-hearing
The lawyers asked Torres to schedule another hearing on Sept. 30
08/21/2015
Barclays must face U.S. class action over Libor
Class actions make it easier for plaintiffs to recover larger sums at lower costs than if they sue individually.
08/21/2015
Ex-Wilmington Trust president makes first court appearance
As a condition of his release, Harra was ordered to post a $25,000 unsecured bond and surrender his passport
08/19/2015
An SEC investigation found that BNY Mellon did not evaluate or hire the family members through its existing, highly competitive internship programs that have stringent hiring standards and require a minimum grade point average and multiple interviews.
08/19/2015
Holds owner of Total Wealth Management, Jacob Cooper, liable in case where losses are expected to total as much as $44 million
08/19/2015
But that’s where it gets tricky. Wealthy folks typically run afoul of the FAA’s rules because they are unaware of the rules between the two forms of licenses.
08/18/2015
FinCEN has ruled that businesses using Bitcoin’s blockchain to transfer precious metals are considered money transmitters.
08/18/2015
The authorities found that Citi and other banks attempted over a period of almost six years to have rigged key foreign exchange benchmarks, including at least one provided by central banks.