Managers of Wealth Americas

Four big questions as CRA proposal nears official release

“Do bankers who do CRA investing expect to see their lives become a whole lot easier with the reform?” said Julie Hill, a professor at the University of Alabama School of Law.

Battle royale: SEC locks horns with investors over proxy advisers

Corporate governance advisers at heart of fight that has also pitted investors against companies

Ten key regulatory challenges of 2020

Financial services risk across business imperatives

M&A roundup: Friedman, UHY, Blue and others strike deals

Friedman adds Markowitz, Fenelon & Bank; UHY Advisors unites with Becker & Rosen; Blue & Co. merges in Clarus Partners; Barone, Howard & Co. CPAs joins Dermody, Burke & Brown CPAs.

Judge Rakoff Sentences ‘Silver Platter’ Sean Stewart To 24 Months Prison In Insider Trading Case

Today, US District Judge Jed Rakoff sentenced Sean Stewart to 24 months in prison for insider trading.

Dentons Peru adds Infrastructure Practice

Commenting on this announcement, Manuel Barrios, Dentons Peru Partner, said: “We are thrilled to be adding this capability with the appointment of two seasoned and respected lawyers. We look forward to being better positioned to address our clients&

Charles River expands antitrust and competition economics practice

Lopez has experience in applying economic methods to IP and antitrust matters and has advised on high-profile disputes involving fair, reasonable, and non-discriminatory cases.

First Circuit Hands Down Significant Private Equity Ruling in Sun Capital Litigation

The case has had a number of twists and turns since the 2010 filing

Key Figure in Mozambique Trial Acquitted

Ex-Credit Suisse Bankers Head for Court

US seeks to extradite UK tech billionaire Michael Lynch

Autonomy businessman would face charges including securities fraud, wire fraud and conspiracy

New Mexico SIC signs up to co-invest alongside Brookfield infrastructure fund

The initial investments are on target to meet the fund’s net-internal-rate-of-return target of at least 10%.

Banks see Fed payments proposal opening door to fintech rivals

Banks have invested heavily in payment systems, and they alone can access the Fed’s transfer systems.

Scotiabank To Sell Its Operations In British Virgin Islands To Republic Bank

The transaction supports the Bank's strategic decision to focus on operations across its footprint where it can achieve greater scale and deliver the best value for customers, Scotiabank said in a statement.

US FATCA crackdown pushing demand for tax advice

The FATCA international tax code was designed to stop Americans stashing money abroad to evade tax.

Former Deutsche Bank Executive Who Oversaw Trump’s Loans Dies by Suicide

Another source who has knowledge of Deutsche Bank’s internal structure said that Bowers would have been the gatekeeper for financial documents for the bank’s wealthiest customers.”

Rothschild Aided Czech Billionaire in ‘Fraud,’ Hedge Fund Claims

Rothschild helped Vitek quietly take control of Luxembourg-based Orco Property Group so the billionaire could strip it of its most valuable assets

SEC Moves to Overhaul Rules on Mutual Funds’ Use of Derivatives

If enacted, the proposed rules would replace a patchwork of guidelines issued over recent decades

The Curious Case of Aurelius Capital v. Puerto Rico

How a hedge fund’s efforts to take the island territory to the cleaners wound up before the Supreme Court — with ordinary Puerto Ricans arguing in the hedge fund’s favor.

London broker pleads guilty to conspiring to evade FATCA

FATCA demands foreign financial institutions must make an annual report to the IRS that disclose the details of any accounts controlled by US taxpayers.

‘Clean’ short-term spending bill signed into law

“The tenor has been good. The tone of negotiations [has] been good. The results are puny,” he said.

Legal, Regulation & Compliance