Managers of Wealth Americas

Virgin Islands Sues Buchanan, Bank of America Over 2006 Bonds

The authority did not redeem any of the bonds with surplus revenues, violating its covenant.

Wragge Lawrence Graham & Co advises Euroclear on DTCC joint venture

Wragge Lawrence Graham & Co has advised longstanding client Euroclear on its agreement with the US’s Depository Trust & Clearing Corporation to develop a joint collateral processing service.

Deloitte named a leader in Global Risk Management Consulting services by Gartner

Cyber Risk Services and Crisis Management round out broad portfolio Deloitte considers cyber risk services to rank among its most important offerings in the marketplace.

U.S. court tosses Argentina appeal over funds held by BNY Mellon

Griesa had ruled that the $539 million that Argentina deposited in June with BNY Mellon for bondholders who participated in two sovereign debt restructurings was "illegal"

Fiduciary Advocates: We Need a New Strategy

The brokerage industry, after all, outspends the RIA industry. SIFMA spends $2 million a year in lobbying dollars, while the Financial Planning Association spends $40,000, said Bill Prewitt, founder of Charleston Financial Advisors.

Bingham Faces Internal Battles Amid Uncertain Future with Morgan Lewis

A month after Bingham McCutchen’s management disclosed to its partnership plans to merge with Morgan, Lewis & Bockius, lingering issues remain over what a combined firm might look like.

Leading Tax Attorneys Join Fried Frank

Mr. Thornton advises clients on the tax aspects of a range of business matters

Ex-UBS Adviser Says Weil Was At Meeting On Hiding Accounts

A former UBS AG client adviser on Tuesday placed the Swiss bank's ex-wealth management head Raoul Weil at meetings in 2002

Citigroup Directors Prevail in Second LIBOR Lawsuit

For the second time this year, a shareholder derivative case against Citigroup's directors that alleged they should be held personally liable for losses stemming from the bank's misstatement of LIBOR, has been rejected by the Commercial Division

Billionaire's Hedge Fund Sues Ex-Employees Over New Fund

We didn’t misrepresent anything when it comes to advertising or generally speaking with people in terms of our roles at Bridgewater.

Barclays Sued by Fired Banker Over Latin America Pullback

A former Barclays Plc unit managing director in Latin America sued the company over its pullback from the region

The Shift from Estate Planning to Estate Probating

How the aging population will Impact the way estate attorneys practice in the future

Staten Island man who worked for the 'Wolf of Wall Street' charged with securities fraud

The Securities and Exchange Commission Friday civilly charged a New Springville man in connection with multiple investment schemes he allegedly operated between 2009 and 2013.

Heirs to art looted by Nazis sue Swiss bank for fraudulent sales

USB accused of using family name to establish 'sham' foundation, rather than looking for surviving relatives.

New York High-Speed Trading Firm Settles SEC Charges Over Manipulation

U.S. regulators brought their first-ever manipulation case against a high-frequency trading firm on Thursday, saying it used a computer algorithm to affect closing prices through a series of rapid-fire trades.

Two ex-Rabobank traders charged in U.S. with manipulating Libor

Two former derivative traders for Dutch lender Rabobank were charged on Thursday with manipulating Libor

Ex-hedge fund analyst gets 5 years for insider trading

This “sharpie” is going behind bars.

UBS Recommends Puerto Rico Funds to Island’s Clients Amid Losses

UBS AG, the Swiss bank that reached a $5.2 million settlement with Puerto Rico this month over sales of closed-end funds, will keep recommending debt from the commonwealth to investors from the island.

Ex-UBS Exec Opens Up About Swiss Tax Shelters In Weil Case

As federal prosecutors began laying out their case against ex-wealth management head Raoul Weil for conspiring to conceal $20 billion in Americans' assets from the Internal Revenue Service.

SEC issues enforcement action against former Wells Fargo employee

The Securities and Exchange Commission issued an enforcement action Wednesday against a former Wells Fargo Advisors compliance officer in St. Louis, alleging she altered a trading review document that was part of an insider trading investigation.

Legal, Regulation & Compliance