11/12/2013
A Kentucky circuit court judge has ruled that Grant Thornton is liable for more than $100 million in damages to be paid to a business owner and his family after he was sold an offshore tax shelter that the Internal Revenue Service considered abusive.
11/10/2013
The US Department of Justice has quizzed BNP Paribas executives as part of an investigation into the potential manipulation of the $5.3 tril-a-day currency market
11/10/2013
The collapse of two Bear Stearns hedge funds in 2007 was among the earliest signs of the impending financial crisis.
11/09/2013
Salaries for banks’ risk and compliance officers in Singapore and Hong Kong rose at about twice the pace of pay for similar positions at New York and London firms amid a shortage of skilled staff members
11/08/2013
It was a sick reality show, and they didn’t audition for it
11/07/2013
Associate promotions cover diverse markets and practice areas
11/07/2013
Three former ICAP Plc brokers charged in the U.S. over their involvement in Libor-rigging will be interviewed by U.K. prosecutors within weeks
11/07/2013
A federal appeals court on Friday said PricewaterhouseCoopers LLP must face a securities fraud lawsuit by investors who accuse it of missing red flags when it audited a hedge fund whose portfolio manager eventually went to prison.
11/06/2013
One of the companies they audited China Sky One Medical Inc. – has since been charged by the SEC with financial fraud.
11/06/2013
The Securities and Exchange Commission today charged RBS Securities Inc
11/05/2013
BlackRock Inc. and Fidelity Investments will be studied by U.S. regulators who are in the early stages of reviewing whether asset managers pose a potential risk to the financial system
11/04/2013
The payment fails to altogether remove the cloud hanging over boss Steve Cohen however, with investigators continuing to study his trading history
11/03/2013
Federal prosecutors announced a record $1.8 billion insider trading penalty against billionaire Steven A. Cohen’s embattled SAC Capital on Monday
11/03/2013
Bradley Birkenfeld, the former UBS private banker who exposed how the bank helped Americans evade taxes, settled legal disputes with a law firm that claimed it was owed $13m of his $104m whistle-blower award.
11/03/2013
Bank of America Corp has won the dismissal of an unusual lawsuit in which shareholders accused it of concealing a $10 billion fraud case brought by American International Group Inc.
11/03/2013
Her expertise includes advising on asset preservation and protection both in the UK and offshore
10/31/2013
The US lender is suing nine banks, including several in the UK and Europe, for £500m in damages.
10/30/2013
Massachusetts securities' regulators fine the brokerage giant $500,000 for failing to stop a rep from defrauding clients
10/28/2013
The Securities and Exchange Commission has fined a Wellesley-based wealth management company $250,000 for not properly protecting its clients' money
10/27/2013
Asset managers are under pressure to provide greater transparency and accountability in terms of how they pay for the equity research they receive