11/11/2012
Morgan Stanley is suing a former employee who was convicted of insider trading in order to recover $33 million it said it paid U.S. regulators to settle civil claims relating to the crimes, court papers showed.
11/08/2012
South Florida attorney Scott Rothstein ran a massive investment scam which traded in fictitious structured settlements from purported high-profile lawsuits.
11/08/2012
The Treasury Department has already concluded a bilateral agreement with the United Kingdom
11/07/2012
A Facebook investor is seeking arbitration for $1.9 million in damages from the botched IPO, but Morgan Stanley argues it shouldn't proceed because the investor isn't Morgan Stanley's customer, according to a report.
11/06/2012
The Securities and Exchange Commission and Financial Industry Regulatory Authority are also probing the matter, sources said.
11/05/2012
Christos Bagios, a former banker at UBS AG and Credit Suisse Group arrested
11/05/2012
Merrill Lynch must pay roughly $1.2 million to a former broker who was wrongly blamed for mishandling a client's stock sale and fired, an arbitration panel ruled.
11/04/2012
Citigroup Inc., HSBC Holdings Plc and JPMorgan Chase & Co. join Deutsche Bank as firms that will be targeted for a capital surcharge of 2.5 percent, according to an updated list published yesterday by the Financial Stability Board.
11/01/2012
The money in question totals $736,060, according to court records.
11/01/2012
Those who refuse to do so risk having their applications denied
10/31/2012
Barclays reports third-quarter loss as US authorities mull fine over energy trading and Middle East fundraising faces scrutiny
10/30/2012
Barclays, already rocked by an interest rate rigging scandal, unveiled two new US regulatory investigations into the bank's financial probity on Wednesday and said its profit was hit by charges for mis-selling insurance.
10/29/2012
Massachusetts officials said Friday they have unearthed violations committed by Citigroup’s research department surrounding Facebook’s IPO and its coverage of Google — the results of which have cost two Citi analysts their jobs.
10/25/2012
France's prosecutor has asked an investigating judge to question jailed swindler Bernard Madoff and Swiss bank UBS as part of a probe of investor losses from Madoff's multibillion-dollar Ponzi scheme, a judicial source told Reuters.
10/25/2012
Lloyds Banking Group and eight other major banks have received subpoenas by the US state prosecutors as part of an investigation into alleged Libor manipulation, the Wall Street Journal reported.
10/25/2012
In response to continuing concerns raised by foreign financial institutions, the IRS has issued new guidance further delaying a number of the FATCA implementation deadlines in the form of Announcement 2012-42 (the “Announcement”), offering FFI
10/24/2012
Wealth planning should be a family enterprise
10/24/2012
Raymond James Executive Chairman Thomas James said he is optimistic
10/24/2012
The complaint accuses Countrywide, which BofA acquired in 2008
10/23/2012
Raymond James executive Chet Helck called for a year of working to restore public trust and confidence