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.
03/02/2012
Proskauer Expands Private Investment Funds Capabilities
was the founder and leader of the Private Fund Disputes team and was formerly the Practice Group Leader of the Commercial Litigation and Financial Services and Securities Litigation Practice Groups at Nixon Peabody.
03/02/2012
Private Asset Management Awards, organized by Private Asset Management Magazine, recognize and reward those firms and institutions that have successfully served UHNW individuals in an increasingly complex economic environment and have proved true ability
03/01/2012
Swiss lawmakers back U.S. tax plan; further vote Monday
The proposal, which clarifies how Switzerland would hand over data on Americans suspected of dodging taxes at home, seeks to backstop an expected deal over U.S. probes into 11 banks including Credit Suisse and Julius Baer, likely to comprise a data handov
03/01/2012
US targets Dubai bank over Iran curbs
The US Treasury Department has disrupted a Dubai-based banking operation that the United States believes was Iran's main conduit for evading international sanctions and processing oil sales, the Wall Street Journal reported.