Managers of Wealth Americas

Knife-Wielding Morgan Stanley Bond Guy: I Was Abducted!

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.

US eases pressure on Switzerland over taxes for now

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.

Onetime billionaire convicted in $7bn federal fraud trial

Stanford, 61, looked down as the verdict was read, the Associated Press reported. He was acquitted on one count of wire fraud.

New FATCA regulations are out, institutions must act fast

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.

It's Time for Wall Street To Wash Its Dirty Dishes

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.

Florida Mulls Outlawing Shariah, Orther Foreign Law

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.

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.

Goldman Sachs Executive in U.S. Insider Probe

Loeb is the second Goldman Sachs employee said to be under federal scrutiny.

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.

Handler Thayer Wins 2012 PAM Award for Best Overall Law Firm

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

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

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.

HSBC provides info on clients having accounts in India to US Close

In April last year, HSBC Bank USA received summons from the US Internal Revenue Service (IRS) asking the entity to produce records with respect to US-based clients of an HSBC group company in India, the banking giant has said.

Volcker rule should exclude all sovereign debt - Citigroup

Manuel Medina-Mora warned that the so-called Volcker rule, which forms part of the 2010 Dodd-Frank financial oversight law and bans banks from using their own funds to make risky trades, could prevent lenders from serving their clients.

Four Hedge Fund Managers Indicted in $40 Million Ponzi Scheme

Joining U.S. Attorney Tompkins in making today’s announcement are Chris Briese, Special Agent in Charge of the Federal Bureau of Investigation (FBI), Charlotte Division, and Jeannine A. Hammett, Special Agent in Charge of the Internal Revenue Servic

Regulators Scrutinize Ties With Exchanges

Aspects of the probe, which is in its early stages, came to light in a regulatory filing Friday from BATS Global Markets Inc., a computer-driven U.S. exchange that is planning an initial public offering.

Black brokers at Merrill Lynch get go-ahead for class action

The decision by the 7th U.S. Circuit Court of Appeals in Chicago came eight months after the U.S. Supreme Court, in a case involving Wal-Mart Stores Inc, made it significantly harder to pursue class-action cases.

Chicago-based law firm opens in Shanghai

The firm’s attorneys in Shanghai are bilingual and have the background and expertise to handle multicultural and multijurisdictional legal issues in the United States, Europe and China. Katten

Citi, UBS provide keys to interest rate-rigging probe: sources

The two banks, linked by a trader who worked at both, have provided closely guarded details to U.S., UK, Japanese and Canadian regulators about how their traders and those at other banks allegedly sought to influence the yen-denominated London interbank o

Prominent Miami investor and philanthropist sues NY hedge fund

John Paulson took responsibility for the failure of his research in an investors' conference call on July 21, 2011, according to a Reuters news story, Gurland noted, and said at the time that he needed to strengthen his Asian research arm.

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