Managers of Wealth Americas

Foreign Banks and Bankers Face New Risks From Swiss Bank Amnesty

The DOJ and the Internal Revenue Service have vowed to “follow the money” in pursuit of additional investigations of both banks and individuals.

MoFo Expands Singapore M&A Bench With Bengoshi Corporate M&A Partner

“Saori is a well-respected bengoshi corporate partner and her expertise will be invaluable to our clients in Japan looking to expand and invest in the region.”

Madoff Trustee Seeks to Free up $1.25 Billion for Fraud Victims

Irving Picard, the trustee, said the request was made possible after a federal appeals court in New York ruled on Feb. 20 that victims were not entitled to "time-based" inflation or interest adjustments on their claims.

Bad, Bad Leroy Brown

In reality, Brown was not registered with the SEC, Financial Industry Regulatory Authority or any state regulator.

Accused investment manager's million-dollar home up for sale

They allege that Stanfill took their money, assured them she was investing it in legitimate accounts

P Profit and Protection: Techniques for Future Success - Withers

One of the most common hurdles to creating a tax efficient offshore IP structure is the effective transfer of the IP from the United States abroad

Broker Lost at Sea? No, Just Dodging FINRA Complaint

A broker's desperate plan to escape legal issues by faking his disappearance at sea collapsed on Sunday when authorities finally tracked him down.

Some Banks Are Working With Marijuana Businesses, But They Remain Wary

According to FinCEN guidance, banks that work with state-legal marijuana businesses must report their activities in a "suspicious activity report"

Accounting firm Schneider Downs buys Pittsburgh-based Meridian

The addition of Meridian adds expertise in areas including corporate finance, mergers and acquisitions and turnaround activities.

Finding the IBOR That Fits Your Institution’s Needs

In searching for an Investment Book of Record (IBOR), financial institutions (FIs) need a solution built to address the need to record, process and distribute investment data in the different views required by stakeholders.

Securities Arbitration Law Firm Investigates UBS’s Sales of Forex Currency Products

The UBS V10 product was pitched to individual and institutional investors, including hedge funds and pension funds, as a high-yielding foreign-exchange investment that used computer algorithms to minimize the risk of losses in periods of volatility.

Hedge Fund Two Sigma Sues Former Vice President Who Tried To Start His Own Hedge Fund

Two Sigma is seeking to get a New York state judge

Finra mulls new bonus disclosure rule

The regulator is still doing research, but expects to move forward in the “short term,” said Susan Axelrod, executive vice president of regulatory operations

Billionaires Bacon, Nygård Trade Nasty Allegations In Bahamas Spat

The battle of the billionaires over a spit of land in the exclusive Bahamas enclave of Lyford Cay heated up again as hedge-fund manager Louis Bacon traded accusations with Canadian clothing magnate Peter Nygård over who is the most obnoxious neighbo

Transparency Issues at Hedge Funds Continue

But do the managers have the ability to meet this demand?

Dentons US and McKenna Long to Combine

On the Heels of Dentons' Historic Combination in China, US Merger Brings Clients of Both Firms Advantages in North America and Around the Globe

Debevoise Names Six New Partners

Debevoise & Plimpton LLP is pleased to announce that Jennifer L. Chu, Sally Gibson, Meir D. Katz, Richard Lawton, Jim Pastore and Scott B. Selinger will become partners of the firm, effective July 1, 2015

SEC Obtains Asset Freeze in Ponzi Scheme Involving Loans to Professional Athletes

The Securities and Exchange Commission today announced fraud charges against a former professional football player and others

IMF Wants More Hands-On Regulation Of Asset Managers

The asset management industry has come under increased scrutiny from regulators around the world as attention turns from the risks to financial stability posed by the largest banks to the risks posed by the shadow banking sector, including asset managers.

Judge orders Prince Andrew sex allegations struck from court record

Virginia Roberts’s accusations about Andrew ordered to be struck from the record as judge denied her attempt to join a lawsuit against Jeffrey Epstein

Legal, Regulation & Compliance