02/03/2015
UBS Bank Escapes From Class Action
A federal judge dismissed a class action claiming Swiss banking giant UBS made billions of dollars by improperly closing accounts of secret account-holders, including those of a former Indonesian vice president.
02/02/2015
JPMorgan to pay $99.5 million to resolve currency rigging lawsuit
Investors including hedge funds, pension funds and the city of Philadelphia accused the 12 banks, which controlled 84 percent of the global currency trading market
02/02/2015
Caplin & Drysdale today announced that Dianne C. Mehany, Matthew T. Sanderson, and Brendan M. Wilson have been elected Members of the Firm.
02/02/2015
It's like getting into the Harvard of employee focus groups.
01/29/2015
Oppenheimer to pay $20 mln to settle with U.S. over improper stock sales
Oppenheimer & Co will pay $20 million to settle two U.S. government cases
01/29/2015
A case from the SEC would be the first to come from a long-running investigation into banks' dealings with sovereign wealth funds.
01/29/2015
The consistent and reliable cooperation we receive from our counterparts in Jersey has been indispensable to our efforts
01/29/2015
The programme ground to a halt last autumn after a row over small print with the Department of Justice (DoJ).
01/29/2015
A federal judge on Wednesday said U.S. investors may pursue a nationwide antitrust lawsuit accusing 12 major banks of rigging prices in the $5.3 trillion-a-day foreign exchange market.
01/28/2015
Former J.P. Morgan Rep Barred, 2 Others Suspended and Fined
FINRA ejected a former J.P. Morgan Securities registered rep from the industry this month for allegedly forging a customer's signature on bank withdrawal slips
01/28/2015
Reconciling Regulatory Requirements in Cross-Border Derivatives Takes Center Stage
Both sets of regulations seek to fulfill the Group of 20 (G-20) derivatives reform agenda, announced at the 2009 Pittsburgh Summit, which includes regulating dealers, clearing and trading (including trade reporting), mitigating systemic risk and protectin
01/28/2015
HSBC Said Ordered by Court to Share U.S. Data With Former Staff
The decision may have implications for thousands of bankers named in documents that U.S. authorities have received from wealth-management companies seeking to avoid prosecution.
01/28/2015
UBS Financial Services Accused of Trust Fraud
The suit says that UBS breached its fiduciary duty to the beneficiaries by mismanaging the trust’s assets.
01/28/2015
He will have a leadership role in the Finance practice in Houston.
01/27/2015
Southeast Asian Bitcoin Site Charged With Securities Fraud
An undercover agent e-mailed the site and was told he “could not lose money in the investment
01/27/2015
Church suing JP Morgan for millions over alleged mismanagement of funds
JPMorgan acquired two of the three banks, effectively acquiring control of the Christ Church funds, in 2004.
01/27/2015
For over four years after enactment of the Dodd-Frank Act (“Dodd-Frank”), President Obama and the Democratic Senate successfully blocked any changes to that act.
01/25/2015
Shareholders in Israel's Bank Leumi are seeking to file a class action lawsuit worth about 475 million shekels against the bank over its handling of a U.S. probe into alleged tax evasion
01/23/2015
Ducote alleged that Stanfill provided financial planning services to him over the last 15 years
01/23/2015
Barclays quickly fought back, accusing state Attorney General Eric Schneiderman of overreaching, and scrambling to fix a lawsuit that it said was fatally flawed to begin with.