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.
11/26/2014
The alleged event is said to have taken place in March 2010, when HSBC advised British insurer Prudential PLC on a huge acquisition and was working on a related multibillion-dollar currency deal.
11/26/2014
Bill Murphy’s outspoken GATA organisation has been claiming for decades that the world’s major banking institutions have been manipulating the gold price.
11/25/2014
Citigroup, which settled the allegations with FINRA, neither admitted nor denied the charges, but consented to the entry of FINRA's findings.
11/25/2014
Fed Says Big Bank’s Bankruptcy Plan Is Better Than Peers
11/24/2014
The government has brought six prosecutions since 2013 related to the collapse of Wilmington Trust as an independent bank.
11/24/2014
The relief comes after a successful campaign by the Private Investor Coalition for an exemption for single family offices.
11/23/2014
The hacking of JPMorgan has exposed the potential vulnerability of the global financial system to cyberattacks
11/23/2014
Mayer Brown, a leading global law firm, announced the promotion of 21 of its lawyers worldwide to partner. The appointments take effect January 1, 2015.
11/21/2014
The U.S. Securities and Exchange Commission has resolved an impasse over punishing Bank of America Corp. in a mortgage case, clearing the way for the Charlotte lender to complete a $16.7 billion global settlement
11/21/2014
The AFL-CIO, the nation’s largest labor organization, called on seven Wall Street banks to explain why the firms pay additional compensation to some employees who leave for high-ranking government positions.
11/20/2014
The decision includes $853,000 in punitive damages
11/20/2014
The Securities and Exchange Commission today voted to adopt new rules designed to strengthen the technology infrastructure of the U.S. securities markets.
11/19/2014
Victims of Bernard Madoff’s Ponzi scheme will split another $500 million, bringing the total recovered to $10.3 billion.
11/19/2014
Bank of Tokyo-Mitsubishi fined $315m for 'misleading regulators'
BTMU Pressured its Consultant, PwC, to Remove Key Warnings to Regulators on Bank’s Transactions with Sanctioned Countries, Including Iran, Sudan, Myanmar
11/19/2014
Older systems to catch misconduct, still in use at some firms, pick through conversations for trigger words, but they can be easily circumvented.