Managers of Wealth Americas

Banks chase trading cheats with 'fuzzy' surveillance

Older systems to catch misconduct, still in use at some firms, pick through conversations for trigger words, but they can be easily circumvented.

JPMorgan settles with owners of Texas shale-rights

The trust beneficiaries accused the bank, which was supposedly working on their behalf

Credit Suisse Among Banks in Limbo Over Regulatory Waiver

Wall Street has hit an unexpected stumbling block in its efforts to move beyond government enforcement actions.

Steven Cohen's ex-wife can ask him about insider trading: judge

But the judge denied Patricia Cohen's bid for so-called Wells notices sent to Cohen by the U.S. Securities and Exchange Commission and any responses he provided.

Dodd-Frank - Final rule on risk retention for asset backed securities

Federal regulators published a final risk-retention rule that requires sponsors of securitized financial assets to retain a minimum of 5% of the credit risk unless certain exceptions are met.

Ex-Swiss private banker charged in U.S. for tax scheme

The bank was not identified by name in court papers, but was described as an institution that purported to be the oldest private bank in Zurich.

Linklaters co-US managing partner Norton stands down early

It has emerged that Linklaters’ US co-managing partner Jeff Norton stepped down from his post nine months early, leaving Conrad Tenaglia as sole US managing partner.

The three most common tax traps for US persons moving to the UK - Withers

This article discusses the three most common tax traps that we see on a day-to-day basis when people move to the UK without taking proper tax advice.

Who's afraid of FATCA? by Withers

We are now firmly in the FATCA era and moving on to the post FATCA era.

Linklaters, Clifford Chance among firms advising as banks face record fines following forex probe

Linklaters and Clifford Chance (CC) were among the firms to have been drafted in by some of the world's biggest banks as UK and US regulators imposed fines totalling £2.65bn over the manipulation of foreign exchange markets.

New York Federal Reserve Looks to Expand RRP Repo Counterparties

The statement reads: "Effective today, the New York Fed is accepting applications from firms interested in becoming a counterparty eligible to participate in RRP transactions with the New York Fed.

Performance Measurement No Longer Exists in a Vacuum - DST Global Solutions

Investment Management is operating in a world of more – more regulation, more transparency, more meaningful investment information and more control.

Bank of America taking $400M litigation charge

The move follows similar disclosures by JPMorgan Chase & Co., and Citigroup that signal banks in the U.S. and abroad are facing allegations that they manipulated foreign-exchange rates.

UBS Participates in Regulatory Resolutions of Industry-Wide FX Matter

Foreign-exchange related investigations resolved with FINMA, CFTC, FCA

SEC’s Champ: staff to focus on alt fund risk disclosures

As of the end of September 2014, alt funds account for $242 billion of industry AUM.

California Hedge Fund Founder Denied Re-Trial

San Francisco hedge fund founder Doug Whitman has been denied a new trial on his insider trading case which earned him two years in jail, the WSJ reports

Judge orders BB&T to pay $17 million in investment case

The ruling more than doubles a jury's award in June.

Eureeca Crowdfunding Platform Hit with SEC Cease & Desist order

First Investment Crowdfunding Platform to Stumble on General Solicitation Requirements

New York Puts Assets In Foreign Bank Branches Beyond The Reach Of Judgment Creditors

For the first time, the state's highest court confirmed that New York common law prevents a court from freezing a civil judgment debtor's assets held in foreign bank accounts.

Barclays, HSBC Sued by U.S. Soldiers Over Attacks in Iraq

Barclays Plc (BARC), HSBC Holdings Plc and four other banks were accused in a lawsuit by U.S. soldiers of helping Iran process billions of dollars in transfers and finance terrorists who attacked Americans serving in Iraq.

Legal, Regulation & Compliance