Managers of Wealth Americas

CC elects US restructuring chief as new Americas head

Cohen, who has led Clifford Chance’s Americas banking practice since 2005

Art dealer Guy Wildenstein charged with tax evasion

A bank based in the Bahamas had also been charged with complicity in tax evasion.

Merrill wins dismissal of CDO lawsuit by South Korea's Woori

A U.S. judge threw out a lawsuit from South Korea's Woori Bank accusing Bank of America Corp's Merrill Lynch unit of misleading investors about the riskiness of collateralized debt obligations, saying the suit had missed a deadline under South K

HSBC's global spread left it open to crime: CEO

The probe made scathing criticism of HSBC's anti-money-laundering systems and found its lax controls allowed two drug cartels to move $881 million through the bank.

$4.3 Million Arbitration Award Against GenSpring Family Offices

The team of Dovin Malkin & Ficken and Vernon Healy recently won a $4.3 million arbitration award against GenSpring Family Offices, a money management firm owned by SunTrust Bank, which offers investment advice and money management services to high and

CFTC Orders The Royal Bank of Scotland plc and RBS Securities Japan Limited to Pay $325 Million Penalty

With this Order, the CFTC has now imposed penalties of more than $1.2 billion on banks for manipulative conduct with respect to LIBOR and other benchmark interest rates

Final FATCA Regulations Released - Withers

The US Treasury Department has now released the long-anticipated final FATCA regulations, which build upon the foundation of the proposed regulations but contain some significant additions and modifications.

Dangerous To Pay Two Execs $78 Million, Moody's Tells Jefferies

Moody’s thinks Jefferies Group‘s $78 million in pay for two of its top executives is a bad idea

Financial crisis fallout: Justice Department set to charge S&P

The suit, which could be filed as early as this week, would allege that S&P fraudulently rated mortgage bonds

Swiss tax haven is over

International tax services, apart from the American, will be able to collect data relevant from January 1, 2013.

BlackRock Sued by Funds Over Securities Lending Fees

Defendants have systematically violated their fiduciary duties

Rothwell Figg welcomes veteran litigator

He is a past president of the International Trade Commission Trial Lawyers Association.

Prominent NY prosecutor enters private practice

He joins a growing list of government lawyers who have left public service for private practice.

Credit Suisse loses bid to sever ex-National Century CEO from trial

Scheduled trial court ruling result.

Cantor & Webb P.A. Shortlisted for Prestigious Industry Award

The PAM Awards are designed for investment professionals, wealth advisors and legal advisors operating within the private asset management and/or legal industry.

U.S. Is Preparing More Tax-Evasion Cases

The U.S. is expanding its crackdown of offshore tax evasion

Near-80-Year-Old Millionaire Pleads Guilty to Offshore Tax Evasion

An elderly heiress and charity benefactor pleaded guilty in a Florida courtroom

Banks Believe Dodd-Frank 1073 Will Have Negative Impact, According to Fundtech Survey

Conducted in December 2012, the survey showed that nearly 90% of banks expect that Dodd-Frank 1073 will have a negative impact on their payments businesses.

US pushes for criminal charges for RBS over Libor

RBS executives are resisting any guilty plea

UBS Told by U.S. Judge to Give IRS Data on Wegelin

Those records will allow U.S. authorities to determine who held assets at Wegelin

Legal, Regulation & Compliance