02/07/2022
Bank of America CEO's pay rises more than 30% for 2021
Moynihan will receive a base salary of US$1.5 million with the remainder of his pay package comprised of an equity incentive award worth US$30.5 million, according to the filing.
02/07/2022
Goodbye easy money as hawkish central banks speed up rate hikes
Rates are rising because policy makers see inflation shock now poses a bigger threat
02/07/2022
‘The Maltese Falcoin’: JPMorgan issues critical Bitcoin report
Malta is tax free for crypto investors and exempts capital gains tax and VAT and has implemented several crypto friendly virtual currency legislations.
02/04/2022
The SEC’s focus on shadow trading may mean that the specific prohibitions in a company’s policy may come under greater scrutiny.
02/02/2022
SEC Proposes Amendments to Form PF and Enhanced Reporting for Private Fund Advisers
Market participants and the general public are invited to comment on the proposed amendments.
02/02/2022
Monzo, which has around five million customers in its home market of the UK, has long planned to enter the American market.
02/01/2022
Citi whistle blower wants share of US$400 million penalty
Blowing the whistle on corporate misdeeds has become lucrative in recent years, with government watchdogs routinely awarding informants millions of dollars for their help with cases.
02/01/2022
Peltz and Trian CIO Ed Garden have now joined Janus’s board.
01/31/2022
Last week, the markets saw the Fed meeting as hawkish, but what did investors expect?
01/30/2022
The Report requests comments on a series of questions to help the Federal Reserve improve its understanding of the potential benefits and risks of a CBDC.
01/28/2022
UK Home Purchases for US Individuals
The examples below highlight why US persons should always take US tax advice before buying property in the UK.
01/28/2022
Finra alleges that in May 2020, Nicholas “induced” the customers in question to enter into a promissory note with an entity where he was the sole owner
01/26/2022
Former UBS investment adviser charged with stealing $5.8m from client
The SEC’s complaint, filed in the U.S. District Court for the Southern District of Florida, charges Nino with violations of the antifraud provisions of the federal securities laws
01/26/2022
US Corporate Transparency Act proposed regulations published
A reporting company must file a corrected report within 14 calendar days of such reporting company becoming aware or having reason to know of the inaccuracy.
01/25/2022
Under current law, such units are treated the same as foreign banks and are ineligible for sharing.
01/19/2022
Portney's comments highlight growing frustration among banking industry executives as U.S. President Joe Biden's regulators have taken a cautious approach to digital assets.
01/13/2022
From 2023 onward, most agree, growth will return to its long-term norm of around 3.5%, as if Covid never happened.
01/13/2022
Theorem Fund Services, LLC announces its hedge fund clients will now have access to a full suite of Cayman services via a first-of-its-kind strategic collaboration with Mourant and its affiliate, Mourant Governance Services.
01/13/2022
The Harneys team was led by Partner Josh Mangeot, with support from Associate Ed Lacey. Mitrani, Caballero & Ruiz Moreno acted as instructing law firm.
01/13/2022
The Consortium will advance practices for member banks and the broader industry by assessing current efforts and developing consistent taxonomy, frameworks, and standards for climate risk management.