12/09/2014
The firms, which consented to the orders without admitting or denying the findings, will collectively pay $140,000 in penalties and must comply with a series of remedial undertakings designed to prevent future violations of these independence requirements
12/09/2014
Court limits effort to access some profits
12/09/2014
Citibank was sued by investor Dr. Sami Abbas Hussein Ali before the Abu Dhabi Commercial Court of First Instance on 08/12/2014.
12/05/2014
The regulatory waiver given to the largest bank of the U.S., Bank of America Corp, has been praised by another Securities and Exchange Commission member who called it a “breakthrough” in commission’s methods to handle waivers.
12/05/2014
Barclays Plc asked that a federal judge in New York handle claims it hid the role of high-frequency traders in its dark pool, saying the evidence in the case is “incredibly complex” and includes millions of trading records.
12/05/2014
US regulators are getting fed up with Wall Street’s attempts to stall a restriction on risky swaps trades.
12/05/2014
Top NY Cushman exec departs firm
Former COO left after her $20M age and gender discrimination lawsuit was “resolved”
12/03/2014
A Swiss banker accused of helping U.S. clients cheat on their taxes wants a judge to grant him bail without his having to appear first in a New York courtroom.
12/03/2014
Tough new rules to make banks safer after the credit crisis are imperfect and could boost less-regulated activities in the so-called shadow banking system,
12/03/2014
Five-lawyer securitization and mortgage finance team brings new capabilities to the Firm's Washington, D.C. office
12/02/2014
Loreley sued UBS over what it said were four fraudulent CDOs, one of which was arranged by UBS “at the behest of” Magnetar Capital LLC, a hedge fund that had bet against the housing market and selected the collateral for the securities, accord
11/27/2014
Only a handful of staff at Swiss banks have drawn on a $2.6 million fund set up to help bankers and other employees who have fallen on hard times because of a U.S. crackdown on tax evasion through hidden offshore accounts.
11/27/2014
S&P said the banks can maintain their strong market positions in advisory, underwriting and sales and trading despite the growing regulatory burden.
11/27/2014
Was a Chinese sovereign wealth fund willing to immediately write a check?
11/27/2014
Goldman Sachs Group Inc, Germany's BASF SE and Standard Bank and one other big platinum and palladium dealers have been sued in the US.
11/26/2014
U.S. prosecutors will travel to London in the coming weeks to interview traders about currency market manipulation, the latest sign that authorities are closer to filing criminal charges stemming from the long-running probe, sources told Reuters.
11/26/2014
The FBI files spell it out: An analyst at Citadel LLC, the hedge fund with $23 billion in capital invested globally, told agents he made millions of dollars trading on information from a company insider.
11/26/2014
British Regulator Describes Current Practices at Bank’s European Arm as ‘Simplistic’
11/26/2014
Swiss-based private banking arm to pay £10m over US charge
The unit failed to register with the S.E.C. before providing advice to American clients, an omission that allowed it to avoid scrutiny in Washington.
11/26/2014
Wealth creators and preservers for America’s most affluent families will take heed of new measures that provide family offices exemption from registering with authorities as Commodity Trading Advisors.