08/26/2013
The defendants’ scheme revolved around the sale and financing of used and new vehicles to individuals who derived Read more: ZacharyToday.com - Two Shreveport businesses guilty of money laundering wire fraud tax evasion
08/25/2013
This was a case of first impression for the First Circuit. Two conditions were present that led to liability under Title IV for the private equity fund in this case.
08/25/2013
UBS Financial Services, Inc. has agreed to pay $98,184.84 in civil penalties to the New Jersey Bureau of Securities
08/25/2013
The high court had been due to rule on the case in the term starting in October
08/25/2013
Billionaire Leonard Blavatnik won a $42.5 million breach of contract award against JPMorgan Chase & Co. over claims the bank stuffed a fund with risky mortgage securities and lost 10 percent of his $1 billion investment
08/24/2013
Two men who were employed by Flow Traders were charged in New York with stealing the firm’s electronic trading software
08/24/2013
The failure that affected Nasdaq’s system for reporting quotes and trades bolsters the case to pass a proposal issued in March
08/22/2013
Broadly speaking, FATCA imposes a 30% withholding on payments of US source investment income to non-US entity payees absent a certification from such payees as to the identity of their US owners or accountholders, if any.
08/22/2013
Legendary British auction house Christie's will have to clear its name in a New York court after a lawsuit accused
08/22/2013
This will take time to resolve, and the politics could change before it is.
08/21/2013
We did not fully appreciate how expectations of us have evolved
08/21/2013
The United States is pushing Switzerland for a deal to settle a long-running dispute over banks that shelter tax evaders,
08/21/2013
The requirement to pay restitution is in addition to restitution that Morgan Stanley paid previously to customers for transactions covered by this settlement.
08/20/2013
The SEC is questioning JPMorgan, the largest US bank, over its relationships with at least two families in China that may have legitimate explanations, sources told Reuters.
08/19/2013
The company earlier this year agreed to settle related charges with the SEC and pay $2.8 million.
08/18/2013
While the ban would put at least a temporary end to Falcone's hedge fund career, the consent order detailing the agreement does not say Falcone is barred from being a director or officer of a public company.
08/15/2013
Paltzer is cooperating with U.S. authorities in their broader investigation of how foreign banks and advisers helped American clients evade taxes, his lawyer,Thomas Ostrander, said.
08/13/2013
Capital adequacy, stress testing & internal risk models among top regulatory pressures; Report says flexible technology key to addressing evolving requirements
08/13/2013
Federal prosecutors in Manhattan have criminally charged two former JPMorgan bankers for their alleged role in the “London whale” trading loss that rocked the investment bank last year and led to a very public overhaul of its senior management
08/11/2013
UBS agreed to pay $120m to settle claims by investors in Lehman Brothers securities in a lawsuit tied to the investment bank’s 2008 collapse.