Managers of Wealth Americas

TD Bank trial in $4.5 bln Stanford Ponzi scheme lawsuit ends

TD's lawyers said the bank did not know about the fraud, and that damages should be limited to the estimated $5 million in profit from its relationship with SIB.

NES Financial Rebrands to JTC Americas

JTC Americas continues to build upon its leadership in specialty fund administration and impact reporting for private equity funds in the U.S. and now offers a broader suite of capabilities to clients including institutional, corporate, and private client

Nomura Suspends Executives, Replaces Risk Head Post-Archegos

Nomura Holdings Inc. suspended a group of senior executives at its investment bank and replaced a top risk official as it reels from billions of dollars of losses on trades with Archegos Capital Management.

BofA Hit Hardest as EU Fines Bond-Trading Trio $34 Million

The survey also noted nearly half of business owners will be prepared to pay for staff to be vaccinated for Covid on an annual basis, should this become an option.

KPMG disputes leaked emails linking firm to offshore companies suspected in massive Ponzi scheme

Isle of Man shell companies protecting identity of wealthy Canadians

Firm Supports Institute for Well-Being in Law as an 'Inaugural Founding Champion

Backing underscores the firm’s commitment to advancing well-being in the profession.

5 Best Real Estate Attorneys in San Francisco

Steven Adair MacDonald & Partners is a firm known to work hard to be able to find positive solutions for disputes between tenants and landlords and real estate litigation.

Paxos Gets Preliminary Approval For US Bank Charter

The company said in the post that it sees “significant benefits in having both a nationally and state regulated bank.”

Charity begins at Cuthbert’s home — An update on Colin v. Cuthbert

But Aldi’s Cuthbert is seemingly taking his battle straight to the court of public opinion, by launching a public relations campaign showing some real caterpillar chutzpah.

Withersworldwide's new Boston IP team featured in The American Lawyer's recent article 'Global Firm Enters Beantown, Grabbing Life Sciences Team'

Withers will absolutely seek to expand by increasing its numbers in Boston and on the West Coast” comments James Shaw.

SEC to Examine Fund Disclosure Rules After Archegos Blowup

Archegos, which doesn’t appear to have ever filed a 13F or a 13D, used swaps rather than common stock to stealthily amass huge positions, including an estimated $10 billion wager on ViacomCBS Inc.

Maryland Advisor Charged With Draining Elderly Client of Retirement Savings

The DOJ charged Eddy Blizzard with wire fraud and aggravated identity theft. The alleged crime caused the victim's house to go into foreclosure.

Full Speed Ahead: Post-Pandemic Trends in M&A

Cross-border deals have also contributed significantly to the recent growth in M&A activity.

Credit Suisse Sued in U.S. Over Recent Botches

Credit Suisse is grappling with the fallout from the $10.1 billion shutdown of Greensill supply chain finance funds and a $4.7 billion loss booked from the downfall of Bill Hwang’s hedge fund-style family office Archegos.

Pair of AML experts charged in US over $1bn of high-risk transactions

Asre and Ofer allegedly transferred more than $1bn (€835 M) in such transactions, including hundreds of millions of dollars originating abroad, through the NYSEFCU and other entities.

Citigroup to seek licences for new wholly-owned securities business in China

American bank is the latest foreign lender to seek expansion in China as the country further opens up its financial markets

Billionaire Robert Smith’s Lawyer Kepke Charged in Tax Case

Kepke allegedly helped Smith avoid taxes through entities

Ridge Barker comments on the SEC's latest guidance on special purpose acquisition companies

Ridge adds that a slowdown in SPAC activity could last two months given the agency’s latest accounting advice.

Financial Sector Reform Program Curaçao and Sint Maarten

The analysis has also revealed the need for legislative and regulatory reforms in the areas of intervention, enforcement, and resolution.

Carey Olsen supports Kavak on latest funding round as it hits US$4 billion valuation

Working alongside onshore counsel Gunderson Dettmer, the Carey Olsen team advising Kavak on the Cayman law aspects of its latest financing round was led by corporate partner Alistair Russell, assisted by associate Emily Cornhill.

Legal, Regulation & Compliance