03/14/2013
Commerzbank, Eric Holder, and Too-Big-to-Jail
Lerner, 60, pleaded guilty this week to public-corruption charges
Legal, Regulation & Compliance
03/14/2013
A&O US financial services regulatory chief exits to join Milbank
He represents many of the best-known global financial institutions in their U.S. regulatory matters, including dealings with the Federal Reserve, SEC and other regulatory agencies.
03/13/2013
Ex-Credit Suisse Trader Higgs Is Cooperating, U.S. Says
Higgs and Salmaan Siddiqui, a former colleague, pleaded guilty
03/13/2013
Whoops! Swiss financial advisor accidentally mails U.S. government list of the clients he was helping dodge taxes
Everybody knows the danger of sending things inadvertently in an e-mail
03/11/2013
Oppenheimer paying investors in SEC settlement over valuation issue
Oppenheimer neither admits nor denies the findings in the settlement, and cooperated fully with the SEC.
03/11/2013
HSH Nordbank Settles 2008 CDO Suit in N.Y. Against UBS
The two sides have reached a settlement
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
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.