Managers of Wealth Americas

'Purported Hedge Fund' Manager Back In Jail Awaiting Trial

Murray was found to have violated these terms

Global Growth Threatened in $693 Trillion Derivatives Review

Rules introduced after the collapse of Lehman Brothers Holdings Inc. to reduce systemic risk

Kuwait Prepares To Sign FATCA IGA

The Kuwaiti finance ministry said that it has established a committee

Proskauer, Greenberg Blast Inclusion In Facebook Fraud Suit

The civil action stems from the dealings of convicted Ponzi schemer

Robbins Geller Rudman & Dowd Starts Class Action Suit Against Genworth Financial

According to a release, the complaint charges Genworth and certain of its officers and directors with violations of the Securities Exchange Act of 1934

Big U.S. banks must boost capital by $68 bln under new rules

The rules would limit banks' reliance on debt, part of efforts to prevent another financial crisis.

SEC, Criminal Authorities Halt Florida-Based Ponzi Scheme Targeting Investors Through YouTube Videos

In one YouTube video, an apparent investor is polishing his new Cadillac as a friend proclaims, “What an amazing car! How can you afford this?”

Ex-UBS broker awarded $5.4 million in case over Lehman notes

Arbitration panel has held the firm liable for misrepresenting Lehman Structured notes as suitable for clients

Citigroup to pay $1.13B to settle mortgage claims

Citigroup has announced that it has reached an agreement with 18 institutional investors, represented by Gibbs & Bruns LLP, regarding the resolution of certain legacy Securities and Banking private-label securitization representation and warranty re

SEC Goldman Lawyer Says Agency Too Timid on Wall Street Misdeeds

A trial attorney from the Securities and Exchange Commission said his bosses were too “tentative and fearful” to bring many Wall Street leaders to heel after the 2008 credit crisis, echoing the regulator’s outside critics.

Fed gives banks extra time on Volcker compliance

The Volcker rule, aimed at banning proprietary trading, would have forced banks to divest their CLO investments, resulting in billions of dollars in losses.

Norway native admitted stealing millions from investors

A Norway native admitted in federal court in San Diego Tuesday to using counterfeit and forged securities to steal more than $2 million from investors over a recent 13-month period.

Regulators act to require stronger bank capital

The banks’ deposit-holding subsidiaries will have to achieve a ratio of 6 percent. The subsidiaries are subject to a stricter ratio requirement because the deposits are insured by the government.

World's Largest Investors Engage Stock Exchanges on Sustainability Reporting Standard for Companies

Sustainability advocacy group Ceres, in collaboration with BlackRock and other major institutional investors across the globe, announced an initiative to engage global stock exchanges, via the World Federation of Exchanges, on a uniform standard for susta

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