Managers of Wealth Americas

Fed and FSA pushing new regulator to play by rules

The Bank of England, which will soon take over many regulatory responsibilities from the FSA, and the chancellor have also made their concerns clear.

Deutsche Bank Top Hollywood Banker Claims Police Beating

The claim, which lists damages of as much as $50 million, is a necessary step before a lawsuit can be filed, Flanagan said by telephone.

JPMorgan, UBS Said Among Banks Queried in Libor Probe

Subpoenas were sent in recent weeks to five of the banks, Deutsche Bank AG (DBK), Royal Bank of Scotland Group Plc and HSBC Holdings Plc (HSBA) in addition to JPMorgan and Barclays, said the person. Citigroup Inc. (C) and UBS AG (UBSN) received subpoenas

Top Swiss banks sacrifice staff to placate U.S.

Julius Baer and Zuercher Kantonalbank also said they received authorization. HSBC said it has delivered documents and is cooperating with the U.S.

HSBC dealings in Middle East in spotlight

But the 335-page investigative report into money laundering violations contained a trove of information about HSBC’s dealings in the Middle East, including Iran and Syria.

Capgemini, Pegasystems, and DLA Piper Partner for Comprehensive FATCA Compliance Solution

Impending end of year deadline affects all foreign institutions with US clients

UBS Sues Billionaire Olenicoff for Filing Failed Tax Suit

Olenicoff, who built his fortune as the chief executive officer of Newport Beach, California-based Olen Properties Corp., pleaded guilty in 2007 to filing a false tax return.

Apologetic Swiss banks sweat it out as US, Europe mull redress

Washington, however, must factor forthcoming elections into its thinking, and Germany is delaying ratification of a tax deal key to Switzerland's efforts to strike similar agreements elsewhere in Europe.

N.Y. Regulator Scrutiny Extends From Banks to Carnival Games

The event attracts local luminaries such as musician Paul Simon and hedge- fund managers and their families from nearby Greenwich.

Porsche fails to halt US hedge fund lawsuit

Porsche SE, a holding company, whose carmaking business in now owned by Volkswagen, said late on Wednesday it continued to believe the damage claims were without factual and legal merit, adding it would appeal against the decision.

UBS denies report it abets German tax evasion

The bank doesn't provide tax services to clients, UBS spokesman Dominique Gerster told Dow Jones Newswires.

Former Barclays trader "has cooperated" with Libor probe

The hedge fund, WCG Management, sent an email to its investors on Sunday informing them that the $3.4 billion fund is not under investigation in the Libor probe, but confirmed that portfolio manager Ryan Reich has drawn scrutiny from U.S. prosecutors.

JPMorgan Sued by Israel’s second-biggest bank

Jennifer Zuccarelli, a spokeswoman for JPMorgan, didn’t immediately respond to an e-mail seeking comment on the suit.

Drafts of FATCA Model Intergovernmental Agreements Released

The US, UK, France, Germany, Italy, and Spain have jointly issued drafts of two versions of model agreements implementing FATCA through a process of intergovernmental information exchange (the “Model Agreements”).

Star money manager Perez-Coutts says AGF defection allegations ‘offensive’

Patricia Perez-Coutts said in a statement Thursday that she and her new employer, Westwood Management Corp., will fight the allegations of breach of contract in court.

CISI and FINRA announce cooperation on exams and membership

The FINRA/CISI MoU will ensure that relevant FINRA members holding the Series 7 – General Securities Representative Examination -- will be able to maintain or achieve authorisation as Retail Investment Advisers in Securities and/or Derivatives from

Swiss banks face slow death as taxman chases undeclared assets

#Western Europeans may pull as much as $139 billion, or 15 percent of their holdings, from Swiss banks, said Herbert Hensle of Cap Gemini. Bank Sarasin & Cie. AG reported last week that private clients withdrew 3 billion francs from Swiss locations in

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