08/19/2014
Securities law firm files FINRA Arbitration Claim Against Deutsche Bank Securities
The Glanmore fund invested in United Kingdom real estate and was managed by Tilney, an investment management firm owned by Deutsche Bank. Deutsche Bank recommended and sold the Glanmore fund to wealthy investors in Mexico, Central America, and South Ameri
08/19/2014
The move could encourage some banks to turn to smaller auditors, who some experts say produce higher quality work and are less expensive.
08/18/2014
The giant consulting firm PricewaterhouseCoopers occupies a position of trust on Wall Street, acting as a shadow regulator of sorts that promises the government an impartial look inside the world’s biggest banks.
08/18/2014
In line with Withers’ international growth strategy, the office was launched off the back of its existing wealth planning specialism.
08/18/2014
The Securities and Exchange Commission charged a former bank executive in Massachusetts and his friend with insider trading
08/17/2014
SEC looking into loans made by activist investor
Regulators Look at More Than $9 Million in Loans Made Between Funds Run by Activist Investor
08/17/2014
Executives at American banks in Europe are reluctant to speak publicly about the issue for fear of upsetting the UK regulators.
08/15/2014
The examinations are not believed to be linked to any upcoming enforcement actions although it is increasingly evident that US regulators are seeking to learn more about liquid alternatives amid their rise to prominence over the last few years.
08/15/2014
Three client service associates began their federal class action lawsuit in June 2011
08/15/2014
These brokers hid the true size of the fees they were collecting by misrepresenting the price at which they had bought or sold securities on behalf of their customers.
08/15/2014
As Bank of America prepares for a possible multibillion-dollar settlement with the government, the deal is expected to share a feature common to similar settlements with other banks – a big portion that’s tax-deductible as a business expense.
08/15/2014
HSBC headquarters in Argentina raided as part of money-laundering probe
The bank claims the documents were destroyed in a fire back in February but officials are investigating the claim.
08/14/2014
The Fed and other regulators have been pushing firms to bulk up their capital to avoid a repetition of the 2008 financial crisis
08/14/2014
Bacon, the chairman and chief executive officer of Moore Capital Management LLC, wants more than a thousand hours of footage
08/14/2014
Judge Bernstein said Irving Picard failed to show J. Ezra Merkin knew Bernard Madoff, currently serving a 15-year prison term, was running a giant Ponzi scheme.
08/14/2014
The hedge-fund firm, which has about $37 billion in assets under management, counter-sued Rokos earlier this month
08/13/2014
A former Massachusetts Institute of Technology professor and his son agreed to plead guilty to running a $500 million hedge-fund scam that was uncovered by investigators probing Bernard Madoff’s Ponzi scheme.
08/13/2014
No dates have been set for when the men will make their guilty pleas or when they will be sentenced.
08/13/2014
Many of them were asleep at the wheel last time so they want to be wide awake to any potential problems when the next financial crisis starts to rear its ugly head.
08/12/2014
Ex-fund manager to pay $20-million for breaching duties to investors
Today's decision follows an earlier decision dated August 23, 2013