03/11/2013
Former Merrill Lynch Financial Advisor Sentenced in Florida for Embezzlement
James Ryan Lanier, 33, was sentenced to 106 months in federal prison for embezzling more than $800,000
Legal, Regulation & Compliance
03/10/2013
SEC: Goldman cannot obstruct CEO, chairman vote
Lloyd Blankfein currently holds the chairman and chief executive position at Goldman Sachs.
03/07/2013
Wells Fargo releases stress test results
The Federal Reserve disclosed today the results of its supervisory-run DFA stress tests
03/07/2013
U.S. regulators look to punish bankers for money laundering
Regulators and law enforcement authorities have recently settled with top banks
03/07/2013
BB&T discloses Dodd-Frank stress test results
BB&T today released the results of its stress test under a hypothetical economic scenario determined by banking regulators.
03/07/2013
Hedge Fund Manager Charged in US Captured in Italy
He was the founder and chief investment officer of Absolute Capital Management Holdings Limited, a Cayman Islands-based investment advisor that managed nine hedge funds from 2004 until September 2007.
03/07/2013
Citigroup Emerges Victorious
While much of the excitement centered on Bank of America Corp and its nicely padded capital cushion, Citigroup Inc.
03/06/2013
Where To Go as Swiss are Shutting Out U.S. Taxpayers
Beware of Safe-havens Other than Switzerland
03/06/2013
Fired employee sues Deutsche over whistleblowing
DeDilectis says he was fired in January 2012
03/05/2013
Citigroup arbitration win in $4 billion Abu Dhabi case upheld
The sovereign wealth fund had sought to rescind the November 2007 investment.
03/05/2013
Judge Clears Path for Trial Against French Bank's Hamas Accounts
U.S. District Judge Dora Irizarry denied French banking giant Credit Lyonnais SA's motion for summary judgment last Thursday
03/05/2013
Former Wells Fargo Broker Is Sentenced to 2 Years
Wells Fargo uncovered the fraud in the fall of 2011
03/05/2013
Ex-Lehman rep scores rare arb win as forgivable loan is forgiven
The decision means the broker does not have to pay back $337,000
03/04/2013
Swiss bank Wegelin ordered to pay in U.S. tax evasion case
A U.S. court on Monday sentenced Wegelin & Co, the oldest Swiss private bank, to pay $57.85 million after it admitted to helping wealthy Americans evade taxes.
03/04/2013
Senate report may fault JPMorgan executives in trading loss
The CIO group in London took large bets on derivatives
03/04/2013
Finra Fines Ameriprise, Clearing Unit $750,000 For Lack of Supervision
Ameriprise and AEIS neither admitted nor denied the charges, but consented to the entry of FINRA's findings.
03/03/2013
Ex-lawyer jailed in largest US tax fraud
US District Judge William H Pauley III sentenced 52-year-old Donna Guerin after she pleaded guilty to conspiracy
03/03/2013
Ernst & Young to pay $123m to settle US tax shelter probe
Ernst & Young has agreed to pay $123m to resolve a US federal investigation
03/03/2013
Merrill Lynch Hit With $8.5 Million Wrongful Termination Case
Ultimately, Claimant sought $6 million in compensatory damages; $2.5 million in punitive damages
02/27/2013
Connecticut hedge fund managers arrested on fraud charges
"Hedge fund managers who put greed ahead of full disclosure to investors violate a fundamental trust."