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
10/27/2013
Citigroup will announce details of its eagerly-awaited revamped panel early next month
10/27/2013
In its most recent Financial Stability Report released October 16, covering up to June, the Central Bank said that this will happen as T&T and other Caribbean countries move to comply with the US’ Foreign Account Tax Compliance Act.
10/27/2013
The majority of investment advisers do not maintain custody of client assets, which are instead held by qualified third-party custodians like a bank or broker-dealer
10/27/2013
Billionaire's hedge fund could pay $1B fine in fraud case: sources
A deal could be announced as early as this week, people familiar with the matter said.
10/23/2013
U.S. regulators unveiled a plan on Thursday for banks to hold enough assets they can easily sell to survive a credit crunch
10/22/2013
A wealthy former vice president at Lehman Brothers is set to go on trial for biting
10/22/2013
One of the world’s worst-kept secrets was let out of the bag last week when Linklaters private equity partners Richard Youle and Ian Bagshaw resigned for White & Case.
10/22/2013
The "astounding" costs of hedge fund manager George Sykes' divorce from his wife, Amanda, have pushed the judge overseeing the split to make a major break with precedent.
10/21/2013
Sean is well-known within the technology industry
10/21/2013
Alleged victims include investment funds, among them six established by the U.S. Treasury Department in 2009 as part of its response to the financial crisis.
10/21/2013
The Securities and Exchange Commission asked Nuveen Asset Management to provide information about a private gathering where Puerto Rican government officials discussed their financial plans with investors
10/19/2013
The tentative deal, the largest ever between the US government and a single company, does not release the bank from criminal liability for some of the mortgages
10/16/2013
A group of Singapore investors who lost money on $154.7 million in credit-linked notes were allowed by a U.S. judge to pursue their lawsuit against Morgan Stanley as a group.
10/16/2013
The judgment by U.S. Judge Ronald Guzman in Chicago was the largest in a securities fraud class action that went to a trial