03/14/2012
The development follows a series of high-profile engagements in which Duff & Phelps has advised clients on complex, dispute-related matters throughout the recession and ongoing recovery.
03/13/2012
The bank wants the U.S. Court of Appeals for the Second Circuit to toss out the arbitration award, which was confirmed by a federal judge in late 2010. It argues the panelists ignored certain legal principles in deciding the case.
03/13/2012
When MBIA disclosed the restructuring, its stock price popped about 30 percent, rising to $4.51 a share on Feb. 18, 2009, from $3.48 a share a day earlier. Its stock closed at $9.61 on Friday.
03/13/2012
The Democrat-led Senate has adopted an amendment, which would provide a range of further measures for the Treasury Department to take against foreign governments and financial institutions that "significantly impede United States tax enforcement&rdqu
03/13/2012
The Department of Justice, in announcing the filing with the U.S. District Court for the District of Columbia, called it "the largest federal-state civil settlement ever obtained."
03/12/2012
Rule Financial has announced the results of a study into the impact of the Dodd-Frank Act on the buy and sell-sides.
03/09/2012
The broker, David Walker, spoke with officials at Morgan Stanley yesterday and characterized his relationship with alleged “Upper East Side madam” Anna Gristina as “social” and said the two were “friends,” according to
03/09/2012
The SEC alleges that Brian Raymond Callahan of Old Westbury, NY, raised more than USD74 million from at least two dozen investors since 2005, promising them their money would be invested in liquid assets.
03/08/2012
The broker, David Walker, works in Morgan Stanley's wealth management unit, sources said.
03/08/2012
The first proposal, which limits how a committee of creditors will share information with customers, drew objections from customers who questioned JPMorgan Chase & Co. (JPM)’s role in deciding whether they can access information about missing cu
03/08/2012
Walker and Pfabe pled guilty before U.S. District Judge John F. Keenan and admitted that they conspired together to defraud Deutsche Asset Management and AIG Global Investment.
03/07/2012
As a result of the May 2009 joint venture of Morgan Stanley with Citigroup’s Smith Barney, Weinryt’s registrations were with Morgan Stanley Smith Barney Holdings LLC (“MSSB”) until his voluntary termination on July 15, 2009.
03/07/2012
Some facts aren’t under dispute. A taxi driver drove Jennings from New York City to his home in Darien, N.Y. The two men argued about the fare.
03/07/2012
Swiss lawmakers passed a proposal on Monday allowing Switzerland to hand over data on suspected tax evaders, even if U.S. tax authorities cannot identify alleged offenders by name or bank account.
03/07/2012
Stanford, 61, looked down as the verdict was read, the Associated Press reported. He was acquitted on one count of wire fraud.
03/06/2012
The FATCA Seminar was tailored to address the unique needs of Middle Eastern institutions, including Islamic banking and takaful insurance structures as well as sovereign wealth funds, and family offices.
03/06/2012
Investors are no different. Seated in comfortable chairs, surrounded by the din of the markets and presented with a menu of potential purchases, they nevertheless fret about what goes on behind the scenes.
03/05/2012
The bill passed the House on Thursday and awaits a vote in the Senate. It's one of dozens of similar efforts across the country.
03/05/2012
Morgan Stanley banker placed on leave after alleged stabbing
Jennings was released after posting $9,500 bail and is scheduled to appear in court on Wednesday, March 7.
03/02/2012
Goldman Sachs Executive in U.S. Insider Probe
Loeb is the second Goldman Sachs employee said to be under federal scrutiny.