01/27/2013
Credit Suisse Group Inc faces a potential $2 billion of exposure over fraud that occurred a decade ago at National Century Financial Enterprises, a result of a federal judge's determination on how to apportion responsibility.
01/27/2013
Kevin Dowd, 37, of Boca Raton, Florida, is charged by criminal complaint with conspiracy to commit securities fraud.
01/22/2013
"For those US Taxpayers using foreign bank accounts, the noose is tightening," says FBAR Tax Attorney, Anthony Verni.
01/22/2013
The financial services industry is facing a dilemma
01/16/2013
The penalty of not complying with FATCA will be that the institutions need to impose a 30% tax on non-compliant transfers or payments.
01/14/2013
Firms "can no longer rely on a rising tide that lifts all boats," the co-authors write. "In fact, the tide is out."
01/14/2013
Serving five years in prison, he was a hedge fund manager at Morgan Stanley’s FrontPoint Partners LLC.
01/14/2013
The notoriously private author Patricia Cornwell, a titan of crime fiction, watched in court on Monday as her luxurious lifestyle was laid bare like the resolution to one of her plots.
01/14/2013
Officials at Westminster Magistrates Court said the extradition order was approved Monday, and now goes to Home Secretary Theresa May for final approval.
01/14/2013
He also faces a civil lawsuit by the U.S. Securities and Exchange Commission.
01/14/2013
Federal regulators unleashed a rare double slap on JPMorgan Chase & Co. Monday with a pair of enforcement actions.
01/13/2013
Duff & Phelps shareholders will receive only $15.55 in cash for each Duff & Phelps stock they own
01/10/2013
The FINRA Arbitration Panel dismissed Claimant Pavlovich’s claims.
01/10/2013
Canada’s investment industry self-regulatory organization has found that the process for setting Cdor, the Canadian version of Libor, is murky, complex and could be manipulated, but stopped short of making concrete recommendations on how to fix it.
01/10/2013
The Model 2 IGA calls for direct foreign financial institution (FFI) reporting to the IRS but with aggregate disclosure of "recalcitrant" account holder data, subject to exchange of information requests by the IRS.
01/09/2013
A former hedge-fund consultant who worked for an SAC Capital Advisors affiliate avoided prison Wednesday, after prosecutors said he cooperated and "contributed substantially" in the U.S. government's crackdown on insider trading.
01/09/2013
Mary Estelle Curran, 79, admitted yesterday in federal court in West Palm Beach, Florida, to two counts of filing false tax returns.
01/08/2013
HSBC’s Geneva-based private bank is one of at least 11 Swiss firms under investigation by U.S. prosecutors investigating offshore tax evasion.
01/08/2013
She pleaded guilty today and accepted full responsibility for her actions
01/08/2013
Seattle’s Laird Norton Tyee has a new name and a new logo