08/05/2014
A federal jury found the Wylys liable for a system of offshore trusts in the Isle of Man that netted the brothers $553 million in profits through hidden trades between 1992 and 2004 in companies they controlled.
08/05/2014
The bank said it had sent the results of its internal review to the U.S. authorities.
08/05/2014
The agreement represents one of the largest settlements of a securities fraud lawsuit in the wake of the economic meltdown.
08/05/2014
The Hedge Fund Manager On The FBI’s Most Wanted List
Florian Wilhelm Jürgen Homm, a German hedge fund manager who was on the run for more than five years, is wanted by the FBI for his alleged involvement in a market manipulation scheme designed to artificially improve the performance of eight Cayman I
08/05/2014
She stood by her man
08/05/2014
Barclays won court approval to buy much of Lehman's brokerage business four days after the US company filed for the largest bankruptcy in American history
08/04/2014
The 69-year-old entrepreneur’s lawyers argued successfully that he should get off with probation and community service because of his age and good works.
08/03/2014
Client In California Sues Barclays Over Dark Pool
Two months ago, New York Attorney General Eric Schneiderman began an investigation into the bank’s dark pools
08/03/2014
The United States has placed a German financial institution under strict surveillance for clearing payments for Zimbabwe’s diamonds at the recent Dubai diamond tender, state media reported Sunday.
08/01/2014
The SEC’s investigation resulted from a broker-dealer examination of the firm
08/01/2014
The SEC conducted a dragnet to determine who in the agency allegedly leaked information about a JP Morgan "London Whale" settlement, CNBC has learned.
07/31/2014
The jury found that Countrywide executives deliberately misrepresented the quality of mortgages being sold.
07/31/2014
Former UBS AG banker Raoul Weil, accused of helping Americans evade taxes, may be allowed to call fellow bankers as witnesses to testify from overseas by video because they fear arrest if they travel to the U.S.
07/30/2014
Hedge Fund Prosecution Specialist Joins NY Law Firm
The Chief of the Securities and Commodities Fraud Task Force and the prosecutor who took down Raj Rajaratnam, the billionaire head of the Galleon Group hedge fund, has joined NY law firm Ropes & Gray.
07/30/2014
This note sets out our agreed conclusions.
07/30/2014
New York's banking regulator is seeking to place government monitors in the US offices of Deutsche Bank AG and Barclays Plc as part of its investigation into the foreign-exchange market, a person familiar with the matter said. The New York Departmen
07/29/2014
The former chief operating officer of Philip Falcone's hedge fund Harbinger Capital Partners has agreed to pay $200,000 to resolve charges he aided a scheme to misappropriate fund assets
07/29/2014
Credit Suisse, one of the biggest players in dark pools, said last week the bank was working with regulators to stamp out potential abuses in the alternative trading venue.
07/29/2014
Ex-Harbinger COO settles SEC claims he aided fraud
The settlement papers were filed in U.S. District Court for the Southern District of New York and must be approved by the court.
07/28/2014
According to the SEC’s order instituting a settled administrative proceeding, LavaFlow allowed an affiliate operating a technology application known as a smart order router