04/22/2020
Linda Lacewell, superintendent of New York’s Department of Financial Services, said the settlement resolved charges that IBK violated New York’s Bank Secrecy Act and anti-money laundering laws.
04/22/2020
Separately, Facebook said the deal would bring together JioMart, an ecommerce venture of Mukesh Ambani and its WhatsApp platform to enable people to connect with businesses.
04/22/2020
The stock market downturn portends big losses for government pension funds—and billions in new obligations for taxpayers.
04/22/2020
The banks are accused of inflating spreads between the prices where they bought and sold odd-lot bonds
04/21/2020
With COVID-19 infections and their associated lockdowns ravaging demand across sectors of the US economy
04/21/2020
The transaction consideration includes a cash payment at closing of approximately EUR 55 million
04/20/2020
She is a director and immediate past chair of the Board of Directors for Heartland Alliance
04/20/2020
The commission’s statement said, “The firm’s compliance personnel took appropriate steps to prevent the firm from participating in the transaction and it is not being charged.”
04/19/2020
When employees report to a workplace, the employer has a high level of control over the employees’ access to and use of company information.
04/17/2020
Most money-mule operations rely on establishing informal ties to the global financial sector.
04/17/2020
Interest payments on any other debt obligations that were incurred before 2/15/2020 (not included in calculation of forgiveness amount)
04/17/2020
It’s a step up from the current standard, which requires broker-dealers to recommend investments that are merely “suitable” for clients
04/15/2020
After a flat budget for fiscal years 2016 through 2018, funding was increased in 2019 to $1.68 billion.
04/15/2020
Low and his family agreed to forfeit more than $700 million in assets and to date
04/15/2020
New York regulator said the firm illegally entered into 14 risk transfer deals.
04/14/2020
The tax lapses were not limited to New York locations. Between July 2013 and January 2017, Christie’s overseas sales offices delivered $189 million worth of goods to New York buyers.
04/14/2020
Blackstone Provides a Customized Investment at Scale to Enable Alnylam to Achieve Self-sustainable Financial Profile Without Need for Future Equity Financing
04/14/2020
$1.7 million to International Medical Corps to strengthen hospital capacity
04/14/2020
“Goldman Sachs fully cooperated with the SEC’s investigation,” Spokeswoman Nicole Sharp said in a emailed statement.
04/13/2020
This alert presents an overview of the principal actions the Commission and staff have taken to date to afford relief to funds and investment advisers