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
12/30/2014
The deal has also received regulatory approval in Brazil
12/30/2014
Three Fund Managers Allegedly Used Client Money to Prop Up Side Business
12/30/2014
The SEC Division of Investment Management recently provided guidance on whether certain key employee trusts would qualify as family clients under the rule.
12/29/2014
Leumi also agreed to pay $400 million to settle two separate investigations into whether it helped its American clients evade U.S. taxes.