09/09/2014
Deutsche Bank has been reluctant to give regulators the clearance that Foresti, an 18-year veteran of the firm, needs to start his new job, said the people, who requested anonymity because the process isn’t public.
09/09/2014
Advisers need to understand what drives managed portfolios of ETFs
09/08/2014
FSOC has shifted SIFI focus away from asset management firms and will assess specific products and activities
09/07/2014
A federal court yesterday entered what's called a final judgment to resolve kickback allegations against a Hingham CEO and the company he led.
09/07/2014
District Court for the Eastern District of Virginia on March 6, and the indictment was unsealed March 12 after the defendants were arrested in Miami.
09/05/2014
Along with the large number of dollar-based contracts, Libor is used as a reference rate for another $150 trillion in contracts denominated in other currencies
09/05/2014
The Alaska Electrical Pension Fund sued yesterday in Manhattan federal court, claiming the banks colluded to set ISDAfix at artificial levels that allowed them to manipulate payments to investors in the derivatives.
09/05/2014
The arbitration award effectively restored millions of dollars in deferred compensation that Gupta was forced to forfeit because of the termination.
09/05/2014
Former bank executive faces November sentencing
Bailey pleaded guilty last month to conspiracy.
09/04/2014
The conflict of interest, which was unknown to investors, generated about $440,000 in additional revenue for the firm, the SEC said.
09/04/2014
The 15 largest banks — those with more than $250 billion in assets — will have to hold enough cash, government bonds and other high-quality assets to fund operations for 30 days
09/04/2014
U.S. financial regulators eased proposed collateral requirements for swaps traded between banks, manufacturers and other firms by seeking to limit the impact on smaller companies and global liquidity.
09/04/2014
Salem claimed he helped the bank earn more than $7 billion and told the arbitration panel on Feb. 25 that he was one of the most sought-after investment professionals in the mortgage industry.
09/04/2014
Questions over valuations of illiquid assets draw scrutiny as mainstream investors increasingly seek alternative investments
09/03/2014
SEC Adopts Final Regulation AB II Rules
The ABS Final Rules were adopted in part in response to the requirements of Sections 939A and 942(b) of the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act).
09/03/2014
Money launderers will increasingly move away from the US dollar to the renminbi as US authorities continue to crack down on international banks’ AML systems.
08/31/2014
Michael Dahir, Omaha State Bank’s former president is banned from banking now.
08/31/2014
Microsoft will not hand over overseas email, despite order
That prospect had drawn concern from technology companies - fearful of losing revenue from foreign customers worried that U.S. law enforcement might win broad power to seize their data.
08/29/2014
Federal authorities are investigating hacking attacks against JPMorgan Chase and several other banks, according to published reports.
08/28/2014
IPRS has attracted bids from nearly every major player in the index industry, including Standard & Poor’s, MSCI, Markit, Bloomberg, Thomson Reuters and the CME Group.