07/16/2012
The Community Bank & Trust of Sheboygan -- a town on the shores of Lake Michigan about 60 miles north of Milwaukee -- is claiming manipulation of the benchmark London interbank offered rate, commonly known as Libor, has kept its interest margins artif
07/15/2012
On February 9, 2012, the CFTC issued a final rule regarding changes to Part 4 of the Commission’s regulations involving registration and compliance obligations for CPOs and CTAs.
07/15/2012
The US Justice Department, meanwhile, has identified potential criminal wrongdoing by big banks and individuals at the centre of the scandal.
07/11/2012
In the note sent to employees on Tuesday, the London-based lender's chief executive Stuart Gulliver said the Permanent Subcommittee on Investigations would expose weaknesses in the bank's money laundering controls.
07/11/2012
Notheis, 44, who ran Morgan Stanley's operations in Germany and Austria for more than three years, was granted leave of absence by the bank last month following an uproar over emails he reportedly exchanged with Mappus.
07/11/2012
But those changes left the New York Fed’s front-line examiners without deep knowledge of JPMorgan’s operations for a brief yet critical time, said those people, who spoke on the condition of anonymity because there is a federal investigation o
07/11/2012
In the case of Barclays and UBS, multiple law firms are representing individuals who have worked at those banks, sources said.
07/10/2012
In addition, David Berek, a Partner in Handler Thayer, LLP's Advanced Planning and Family Office Practice Group, made the final-five short list of nominees for the 2012 Best Private Client Lawyer Award.
07/10/2012
The agreement, which sees Skadden Arps Slate Meagher & Flom advise Amerigroup, marks one of the largest-ever cash deals in the health insurance sector just weeks after the US Supreme Court upheld president Barack Obama’s law to extend healthcare