Managers of Wealth Americas

Jury in NY acquits ex-hedge fund founder's brother

The smiling 43-year-old defendant left the courthouse without commenting. He still faces civil charges from the Securities and Exchange Commission.

Credit Suisse Says Pension Assets at Risk Unless Court Delays Sentencing

Bank Asks That Sentencing For Aiding Tax Evasion Be Pushed Back to November

Debevoise Names New Counsel in New York and New International Counsel in London

Debevoise & Plimpton has announced that Armando Rivera Jacobo was named Counsel and Alex Parker was named International Counsel to the firm, effective July 1, 2014.

FBI Plays Hedge Fund To Nail Penny-Stock Fraudsters

When it comes to catching crooks, the Federal Bureau of Investigation has found that playing a corrupt hedge fund works.

U.S. regulators begin settlement talks with Commerzbank, Deutsche Bank - source

Commerzbank had 934 million euros (741 billion pounds) at the end of 2013 as provision for litigation risks

Investor Suit Over $3.7B CorpBanca Merger Loses 9 Defendants

Cartica Management LLC on Friday agreed to voluntarily drop the nine defendants from the case

Ex-Merrill CEO says he has 'no knowledge' of Google search wipe

The previous day, BBC economics editor Robert Peston suggested O'Neal may have asked the search engine to exclude a 2007 blog post that mentioned him from its results under a European privacy rule.

Soros Hedge Fund Sued by Ex-Manager Seeking Back Fees

George Soros’s hedge fund was sued by a former portfolio manager who claims the firm wrongfully withheld at least $19.5 million in unpaid fees after firing him without explanation eight months into the job.

JPMorgan Said to Have Unwittingly Helped BNP’s Transfers

The Paris-based bank relied on a legal memo that suggested using a U.S. bank might protect it from sanctions penalties, according to the statement of facts filed by prosecutors in New York.

Ex-Jefferies trader loses bid to overturn fraud conviction

Prosecutors had accused the trader of swindling customers

U.S. may probe Nigerian banks over terror funding

The development was sequel to BNP Paribas’ guilty plea and agreement to pay nearly $9 billion for violating U.S. sanctions, which has now triggered fresh enthusiasm on the U.S. Justice Department to also extend its investigations to Africa, especial

After BNP Paribas, US may hit other banks for sanctions-busting

The blow raised speculation that some of its rivals in Europe would be punished, but less severely.

Vatican financial watchdog signs accord with U.S. Treasury Department

This is the latest example of the authority’s efforts to build international cooperation and prevent a repeat of the corruption scandals

Goldman in court over 'boys' club'

A lawyer representing the plaintiffs expects the judge to rule on the motion by the end of the year.

FINRA Bars Broker for Insider Trading in Japanese Securities

FINRA found that Allen's conduct violated FINRA Rules to observe high standards of commercial honor and just and equitable principles of trade.

CWCapital Sued by Stuyvesant Town Lenders Over Takeover

Centerbridge controls the six limited liability companies named as plaintiffs in the complaint filed in New York State Supreme Court in Manhattan, said two people with knowledge of the matter, who asked not to be identified because the information is priv

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