09/17/2012
A U.S. regulation that limits how much of its own capital a bank can put at risk is causing headaches for Morgan Stanley as it prepares to raise a new multi-billion-dollar global infrastructure fund, people familiar with the situation said.
09/16/2012
The U.S. Securities and Exchange Commission brought historic charges against the New York Stock Exchange. What were they?
09/16/2012
AGREEMENT BETWEEN THE GOVERNMENT OF THE UNITED STATES OF AMERICA AND THE GOVERNMENT OF THE UNITED KINGDOM OF GREAT BRITAIN AND NORTHERN IRELAND TO IMPROVE INTERNATIONAL TAX COMPLIANCE AND TO IMPLEMENT FATCA
09/15/2012
The exact scope of the inquiry and the size of potential liabilities for the bank could not be learned.
09/13/2012
Arab Bank denied the claims, saying that Gill was caught in the crossfire between two military forces and that Gill had failed to show Arab Bank's liability for the shooting.
09/13/2012
Billionaire Ronald Perelman and a top New York City art dealer have traded lawsuits over several artworks including a sculpture of Popeye by Jeff Koons.
09/12/2012
Bank of America spokesman Bill Halldin said the bank is pleased with the decision.
09/12/2012
SEC Sues Hedge Fund Manager For Allegedly Hiding Losses
He allegedly claimed to manage $1.5 billion—and to have posted big returns—before he used the collapse of MF Global Holdings in October as an excuse to stop paying out redemptions, the regulators said.
09/12/2012
"Our new expansion will allow Corgentum to better serve investors on the West Coast by providing a valuable on-the-ground presence in multiple locations. Additionally, being closer to Asia, will allow us to further expand upon our existing Asia-based
09/12/2012
The Treasury Department has approved an initial settlement that will also involve Manhattan's top prosecutor and the Department of Justice, the New York Times said.
09/12/2012
Many Swiss are fuming after a whistleblower, who helped prosecute Swiss bank UBS for helping rich Americans avoid taxes, was paid a record $104 million by U.S. authorities after being jailed for his own part in the affair.
09/11/2012
US tax authorities have awarded $104m (£65m) to Bradley Birkenfeld, the whistleblower in a major tax evasion case against UBS, the Swiss bank.
09/09/2012
US regulators have filed a lawsuit against Swiss banking giant UBS, accusing it of misrepresenting the risk associated with mortgage-backed securities it sold to two federal credit unions.
09/09/2012
“Permitting the defendant to travel to his country of origin or residence would be an invitation to flee”
09/06/2012
The bank manager told authorities she was held against her will since Tuesday night.
09/06/2012
The unit’s London staff lost at least $5.8 billion this year on the botched wagers, which were large enough to shift markets.
09/06/2012
The Proposed Rules, which are not yet final, would have the effect of increasing the flexibility for issuers, including hedge and other alternative investment funds, to solicit purchasers through general solicitation, but would also impose a more signific
09/06/2012
"Reality seems to have finally caught up with him."
09/05/2012
The firm is still looking to recruit further fee earners for the anti-corruption and cross-border investigations piece of the practice, with a view to completing this by the end of the year.
09/05/2012
Royal Bank of Scotland shareholders who are threatening a £3.3bn lawsuit against the lender and its former directors have been dealt a blow after a US court dismissed similar allegations that the bank misled investors.