06/09/2015
Many are now familiar with the famous Report of Foreign Bank and Financial Accounts (FBAR), a relatively small form that carries with it the threat of huge penalties in the case of a willful failure to file.
06/09/2015
The ongoing investigation, named “Operation Pen and Tell”
06/08/2015
The settlements involve mortgage securities that the banks sold in the run up to the financial crisis.
06/08/2015
The cost of compensating customers, paying fines and legal bills for the world’s biggest banks has increased to £200bn
06/08/2015
New banking rules could mark the end for credit unions
Credit unions are thriving
06/08/2015
Cadwalader Expands Corporate Practice With Leading M&A Attorney
Richard's stellar reputation and experience will help us continue to distinguish ourselves in M&A, activism and defense work
06/05/2015
The Bank of America-owned brokerage told its 14,000 brokers almost two years ago they would be paid less if they cut fees too aggressively on a new account the firm was introducing.
06/05/2015
Delta National Bank appears more than 24 times in US charges against football officials and has had at least three prior run-ins with authorities
06/05/2015
Federal securities rules require shareholder activists to disclose joint campaigns
06/05/2015
Investment Management Lawyer joins Global law firm
From 1990 to 1996, she was at the SEC, beginning in the Division of Enforcement and then moving to the Division of Investment Management, where she became Assistant Chief Counsel.
06/04/2015
The good news is that firms have stepped up supervision over senior activities
06/04/2015
The SEC has said this data would include information relating to the pricing of portfolio securities
06/03/2015
The plan requires mutual funds to publish their exposure to derivatives, repurchase agreements
06/03/2015
Ever since subprime mortgages helped torpedo the American financial system, a quiet revolution has taken place in the home loan industry
06/03/2015
The Justice Department indictments for corruption that rocked the world of soccer last week also raises questions once again about the behavior of major global banks, including the three biggest U.S. banks
06/03/2015
The US Attorney's Office for the Southern District of New York then initiated civil forfeiture proceedings against those assets and eventually obtained default judgments of forfeiture, the statement added.
06/03/2015
Stop trying to regulate us like banks
06/03/2015
Two More Private Banks Reach Resolutions Under Justice Department's Swiss Bank Program
“The days of safely hiding behind shell corporations and numbered bank accounts are over,” said Acting Assistant Attorney General Caroline D. Ciraolo of the Department of Justice’s Tax Division.
06/02/2015
Valcke, FIFA President Sepp Blatter's No. 2 man, was not arrested and isn't accused of any wrongdoing
06/02/2015
The proposed amendments would add specific questions with respect to an adviser’s SMAs