01/12/2015
Citigroup and Bank of America have cut the pools of bonus money set aside for traders and other employees, as Wall Street scrambles to adjust its expenses following a surprisingly weak December.
01/12/2015
Hedge fund professionals received increases in both base salary and year-end bonuses, the 2015 Hedge Fund Compensation Report revealed today.
01/12/2015
American customers with unreported accounts will now find it costly to own up, but perhaps even more costly if they don't.
01/09/2015
For over 30 years it has acted as a trusted partner for strategic business consultancies
01/09/2015
A Swiss banking executive accused of helping U.S. clients cheat on their taxes lost his bid for bail because he didn’t come to court to answer the charges against him.A Swiss banking executive accused of helping U.S. clients cheat on their taxes los
01/07/2015
For decades American companies have used so-called “corporate inversions” to lower their tax burdens on foreign-earned income.
01/07/2015
The global law firm includes more than 800 partners in offices across Africa, Asia, Europe, the Middle East, and the Americas.
01/06/2015
A Bellingham tax and financial adviser convicted of stealing $255,000 from 26 elderly clients has been sentenced to 51 months in prison
01/05/2015
It is credited with creating 49,000 jobs and more than $6.8 billion in new investment.
01/05/2015
The largest US bank became the first of 12 to settle a lawsuit alleging that America’s biggest financial institutions fixed prices for major currencies and bragged all the while via instant messages and emails
01/03/2015
The city's second-largest firm, Sidley Austin, has hired 10 lawyers in Chicago who speak either Mandarin or Cantonese and 130 across the firm. But it's not enough.
01/03/2015
The message is clear: inversions must stop, corporate tax avoidance must end, and special corporate loopholes must close.
01/02/2015
Ambac Assurance Corp sued Bank of America Corp to recoup hundreds of millions of dollars of losses from insuring roughly $1.68bn
01/02/2015
Eleven banks presented unsatisfactory living wills.
01/02/2015
Two sources in the finance ministry said Rojas was leaving, while another official in the central bank said he understood Rojas was stepping down for personal reasons.
01/01/2015
The demise of celebrated global investment banks Bear Stearns and Lehman Brothers previously regarded as “too big to fail” during the global economic recession of 2007-2009 was rather synonymous with sinking of the Titanic.
01/01/2015
SAC Capital Advisors LP hedge fund manager Michael Steinberg’s appeal of his insider trading conviction was further delayed by a court as the government decides how to respond to a ruling that upended guilty verdicts in two related cases.
01/01/2015
A committee that includes senior Federal Reserve officials reviewed and overturned a bank examiner's finding that Goldman Sachs lacked a firm-wide policy to prevent conflicts of interest
12/31/2014
For banks, 2014 was the year of penalties
12/30/2014
The six, who were elected in 2012, claim a pension reform law signed by Governor Jerry Brown