05/20/2015
Barclays has agreed to pay a combined total of £1,533 million (sterling equivalent). In common with other financial institutions announcing FX settlements today with the DOJ, Barclays has also agreed to plead guilty to a violation of US anti-trust l
05/20/2015
Defendants Defrauded More Than 20 Foreign Investors through Private Offering in New York
05/20/2015
The proposal will ‘vastly improve the type and format of the information that funds provide to the commission and to investors,’ SEC Chairman Mary Jo White said.
05/20/2015
One rule-breaker said "if you ain't cheating, you ain't trying", while others used hand signals to cheat clients and fix financial markets
05/20/2015
Stratos convinced the manager of a Philadelphia family office to send money that he would in turn use to buy Facebook shares from employees before its initial public offering in May 2012.
05/19/2015
The judge gave all plaintiffs a chance to amend their complaints.
05/18/2015
Critics upset with passes sought by firms admitting wrongdoing
05/15/2015
Barclays Plc will probably be fined for violating a three-year-old settlement over interest-rate rigging
05/15/2015
The charges including conspiracy and securities fraud were contained in a criminal complaint unsealed in Manhattan federal court
05/15/2015
The fraudsters referred to TD Bank as ‘touchdown’
05/15/2015
The new top examiner at the U.S. Securities and Exchange Commission said Wednesday that the agency is still finding some deficiencies in how private equity firms are complying with its regulations.
05/15/2015
Bank of America Merrill Lynch and Deutsche Bank AG declined to comment on any negotiations with the city. BNY Mellon, US Bank, Northern Trust Corp and Bank of Montreal were among several banks that did not respond to requests for comment.
05/15/2015
From overlooking assets to seeking revenge, here are financial pitfalls to avoid
05/14/2015
Litvak, 40, was sentenced to two years in prison following his March 2014 conviction by a federal jury in New Haven, Connecticut
05/14/2015
Defendant Denis Katsyv’s court filing takes aim at William Browder’s allegations
05/14/2015
In more legal shots fired in the ongoing battle over control of American Apparel, the dismissed clothing company’s founder has filed two lawsuits in less than one week
05/14/2015
The Financial Stability Oversight Council, a body of U.S. regulators chaired by Treasury Secretary Jack Lew, has been particularly focused on how the sector operates.
05/14/2015
FINRA also found that the firm's supervisory system was not reasonably designed to detect and prevent such violations.
05/14/2015
The Federal Reserve Board is barring five former private bankers and senior managers of Credit Suisse, AG, Zurich, Switzerland from employment in the banking industry.
05/14/2015
Over 20 years, the funds provided excellent returns