12/19/2012
Under FATCA, non-US financial institutions will be required to report information about financial accounts held by US taxpayers, or held by foreign entities in which US taxpayers hold a substantial ownership interest.
12/19/2012
"Many of you have asked me what I will say to clients, prospects, recruits, family and friends who ask about the Libor settlement and its impact on me and WMA," wrote Bob Mulholland, head of wealth management and investment solutions at UBS Weal
12/19/2012
An SEC investigation found that the Fiduciary/Claymore Dynamic Equity Fund attempted two strategies to enhance returns.
12/19/2012
However, he was fired about two weeks prior to the ruling for breaching Morgan Stanley's code of conduct, the Wall Street Journal reported.
12/18/2012
UBS Board of Directors authorizes settlements of LIBOR-related claims with US and UK authorities; Swiss regulator to issue order
12/18/2012
City disputes head Philip Rocher led the firm’s team on the UK side, advising the Swiss bank on matters including discussions with the FSA.
12/17/2012
The investment bank was the lead underwriter for the IPO and had been accused of improper influence between its bankers and research analysts who cover Facebook.
12/16/2012
Email was sent to affected sellers when the systematic removals began.
12/13/2012
A federal indictment unsealed today in U.S. District Court charged nine defendants in Charlotte and elsewhere with insider trading and money laundering, announced Anne M. Tompkins, U.S. Attorney for the Western District of North Carolina.
12/12/2012
The growth in Advisory and Tax underlines the strength of client demand for professional services
12/12/2012
The Securities and Exchange Commission today charged the manager of two New York-based hedge funds with conducting a pair of trading schemes involving Chinese bank stocks and making $16.7 million in illicit profits.
12/12/2012
The final figures are still being negotiated and could change, three people familiar with the probes said.
12/11/2012
BlueBay canceled Imam-Sadeque’s 2012 stock award
12/10/2012
Under the securities laws, fund directors are responsible for determining the fair value of fund securities for which market quotations are not readily available.
12/10/2012
A US Senate investigation said the UK-based bank had been a conduit for "drug kingpins and rogue nations".
12/10/2012
Since 2009, several European banks have paid heavy settlements related to allegations they moved money for people or companies on the U.S. sanctions list.
12/09/2012
Active ETFs seek to combine the skill of a manager selecting investments with the trading flexibility, lower fees and tax advantages of ETFs, which typically track an index.
12/05/2012
The investors claim in a lawsuit in Manhattan federal court that BTA Bank, which isn’t named as a defendant, defrauded them by inducing them to buy debt securities as part of a 2010 restructuring.
12/05/2012
Barclays did not name specific countries in its October disclosure, but in November, responding to a newspaper report, the bank said it did not make any illegal payment to get a Saudi license.
12/05/2012
Three former Deutsche Bank employees have filed complaints with the US securities regulators claiming the bank failed to recognize up to $12 billion (£7.46 billion) of unrealised losses during the financial crisis.