02/10/2014
Swiss bank UBS AG approached U.S. authorities in September with information relating to an industry-wide probe into alleged rigging of currency markets, in the hope of gaining antitrust immunity if charged with wrongdoing
02/10/2014
The verdict against Martoma followed a four-week trial and 15 hours of deliberation by the jury and has left Martoma facing a maximum of 20 years in prison on two counts of securities fraud and a conspiracy charge, although his final sentence may be close
02/10/2014
Following JPMorgan Chase and Assurant Inc.’s $300 million settlement last year, now Citigroup (NYSE:C) has been told to pay $110 million in a lawsuit to homeowners who were forced to pay expensive property premiums by the bank.
02/10/2014
Financial industry executives are almost as concerned about the growing demands of regulatory compliance as they are with market volatility
02/07/2014
No small degree of turmoil was unleashed in the currency trading community yesterday when it became known that Benjamin Lawsky, superintendent of the New York State Department of Financial Services, requested documents from more than 12 banks pertaining t
02/07/2014
U.S. charges Swiss asset manager in offshore tax fraud case
Paltzer agreed to cooperate with prosecutors.
02/07/2014
The underlying demand should encourage locally based firms, said Dan DiPietro, chairman of Citi Private Bank's law firm group.
02/07/2014
The CommoOver the past five years, Masters built the biggest physical commodity trading operation on Wall Street at JPMorgan, surpassing in size long-time giants Goldman Sachs and Morgan Stanley.dity Futures Trading Commission on Thursday voted on the new
02/07/2014
The Securities and Exchange Commission today announced charges against two Wall Street traders involved in a fraudulent “parking” scheme in which one temporarily placed securities in the other’s trading book to avoid penalties that would
02/06/2014
JPMorgan Chase & Co. Bear Stearns unit won dismissal of a suit brought by hedge fund SRM Global claiming it had lost more than $200 million
02/06/2014
BBH executed these transactions despite the fact that it was unable to obtain information essential to verify that the stocks were free trading.
02/05/2014
The $1.45 million penalty will be allocated between 16 women employees.
02/05/2014
The SEC noted industry trends and best practices, as well as key areas in which investment advisers’ due diligence processes tend to be deficient.
02/04/2014
He has a long history of advising on U.S. broker-dealer regulation and extensive personal experience with U.S., U.K., Swiss and other bank regulators that will be of great benefit to our regulatory practice.
02/04/2014
Attention being paid by senior management to money laundering challenges is at an all time high according to findings from a new KPMG International report.
02/04/2014
Quinn Emanuel Urquhart & Sullivan legal titan John Quinn tells The Lawyer why each associate is being handed $2,000 to spend a week working anywhere in the world. Clue: it’s not to unwind.
02/04/2014
Rule 105 prohibits any person who makes a short sale of securities during a defined restricted period prior to the pricing of that offering from purchasing the same securities in that offering.
02/04/2014
Pump-and-dump schemes are among the most common types of fraud involving microcap companies.
02/03/2014
International law firm Continues Expansion of M&A Practice
They Join New York Office from Akin Gump and Allen & Overy
02/03/2014
The most recent lawsuit forms part of a legal campaign being waged by hedge funds in various courts across the world, seeking to recoup money which was lost by betting on a decline of Volkswagen's share price in 2008.