04/14/2022
The investment by the US Department of Treasury is part of the Federal Government’s response to the COVID-19 pandemic.
04/14/2022
It has further set up a branch as a state registered investment advisor in New Jersey.
04/11/2022
With approval from the U.S. Office of the Comptroller of the Currency, Hightower launches Hightower National Trust Company, offering corporate and administrative personal trust services for Hightower advisors and their clients.
04/08/2022
This Legal Update focuses on who is affected, what the affected entities need to do and when the guidance applies; summarizes Commissioner Hester M. Peirce’s response to the Bulletin; and discusses some practical considerations for affected entities
04/08/2022
While the Proposed Rules are still in the comment period, private fund advisers and investors alike should familiarize themselves now with the many changes that the Proposed Rules would impose.
04/08/2022
These new restrictions will likely have a broad impact for U.S. and non-U.S. companies doing business with Russia.
04/06/2022
Autumn Jordan and Manuel F. Pinazo, who previously worked at Merrill Lynch Wealth Management, were among those who applied for assistance under one of the government’s COVID-19 relief programs "based on false and fraudulent representations and
04/05/2022
This grant is part of Credit Suisse’s Future Skills program, which aims to support initiatives that help close educational and employment gaps for young people, especially disadvantaged, entering adulthood.
04/05/2022
As the market begins to consider how the provisions of the LIBOR Act apply to their portfolios, we highlight a couple of recent issues.
04/05/2022
Participants filed amended complaints in June 2021 and September 2021, in Becker et al. vs. Wells Fargo & Co. et al.
04/03/2022
These instructions will assist financial institutions in satisfying their obligations under the new requirements once compliance is required on May 1, 2022.
03/31/2022
Pending New York legislation would add its own licensing obligation to the disclosure obligations for commercial financing of $500,000 or less.
03/31/2022
The investment bank won a court order that authorized the seizure of a $75 million superyacht owned by Russian billionaire Dmitry Pumpyansky.
03/28/2022
According to a statement by the PCAOB last Thursday, talks were still ongoing and it "remains unclear" whether Beijing will "permit and facilitate" auditing access.
03/28/2022
Over half the revenue could come from those worth more than $1 billion.
03/25/2022
These changes will allow the firm to create a better, more efficient service model that capitalizes on economies of scale.
03/25/2022
The Clifford Chance team was required to advise across English, Singapore, EU and US federal securities laws aspects of the transaction.
03/25/2022
In its alert, FinCEN warns that Russian and Belarusian actors may seek to evade sanctions through non-sanctioned financial institutions. In light of this risk, FinCEN encourages financial institutions to look for the following red flags:
03/25/2022
These designations coincide with President Biden’s diplomatic meetings in Europe and form part of a further set of Russia sanctions actions coordinated between the United States and its allies.
03/25/2022
Customers will continue to be served through their respective Citizens and Investors branches, websites and mobile applications after close and until systems are converted