Managers of Wealth Americas

International law firm Expands New York Office

This adds to other strategic additions to the office in recent months.

SEC names new chief accountant in Enforcement division

He has led teams conducting complex forensic investigations in high-profile accounting, securities, and other fraud matters.

Former UBS banker to plead guilty in U.S. tax case, filing says

A former senior UBS private banker has agreed to plead guilty in connection with a criminal indictment for selling offshore tax-evasion services to wealthy Americans

Nonprofit sues Justice Department over JPMorgan settlement

A public advocacy group filed a legal challenge Monday to block implementation of a record $13 billion civil settlement between Attorney General Eric Holder and Wall Street powerhouse JPMorgan Chase & Co.

Flexible solutions for those facing a US/Swiss planning conundrum - Withers

In this brochure, to illustrate the complex issues that can arise in this area, we have provided a case study of what one might, at first sight, assume to be a straightforward situation. In fact, and as we show, it is anything but.

Ex-UBS Executive Weil Faces Eight-Month Wait as U.S. Trial Delayed

The highly-anticipated U.S. trial of former UBS AG executive Raoul Weil has been pushed back to October, leaving the former Swiss banker to languish in overseas legal limbo for the better part of this year.

Exclusive: UBS seeks first-mover immunity in U.S. currency probe - sources

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

Indian-American hedge fund boss in Bharara’s net

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

Citigroup To Pay $110 Million After Lawsuit On Force-Placed Insurance

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.

Regulatory Burden, Swiss Tax Evasion, CFTC: Compliance

Financial industry executives are almost as concerned about the growing demands of regulatory compliance as they are with market volatility

More Wall Street Investigations, More Wall Street Panic

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

U.S. charges Swiss asset manager in offshore tax fraud case

Paltzer agreed to cooperate with prosecutors.

Demand, profits finally rebounding for New York law firms

The underlying demand should encourage locally based firms, said Dan DiPietro, chairman of Citi Private Bank's law firm group.

JPMorgan Exec Blythe Masters To Advise Wall Street Regulator

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

SEC Announces Fraud Charges Against Two Wall Street Traders Involved in Parking Scheme

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

JPMorgan’s Bear Stearns Wins Dismissal of $200 Million Suit

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

BBH slapped with record $8 million AML-fail fine by Finra

BBH executed these transactions despite the fact that it was unable to obtain information essential to verify that the stocks were free trading.

JPMorgan to pay $1.5 million in sex discrimination case

The $1.45 million penalty will be allocated between 16 women employees.

SEC Risk Alert: adequacy of due diligence of investment advisers recommending alternative investments and their managers - Withers

The SEC noted industry trends and best practices, as well as key areas in which investment advisers’ due diligence processes tend to be deficient.

Gibson Dunn Adds UBS Counsel

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.

Legal, Regulation & Compliance