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
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
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.
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.
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.
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
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.
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.
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
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.
Citigroup and UBS, in a series of disclosures to law-enforcement officials, have provided crucial information to investigators in multiple countries as part of inquiries into whether the world's biggest banks manipulated a global benchmark interest r
Head count at Gibson Dunn stayed effectively static last year, with growth just a marginal 10 lawyers last year, while the number of equity partners dropped by three.
Unfortunately for Kinnucan, the Feds had already tapped his phone and captured his conversations with Donald Longueuil, a former SAC portfolio manager, and Level Global Investors LP co-founder Anthony Chiasson.
Madoff trustee Irving Picard filed arguments in a federal appeals court in New York on why district judges Jed Rakoff and Colleen McMahon were wrong in barring him from demanding damages from the banks, which include UBS AG and UniCredit SpA.
The forecast was released Wednesday in the annual client advisory by the Hildebrandt Institute, a division of Thomson Reuters, and the Law Firm Group at Citi Private Bank.
The investigation of Henry King, the Goldman Sachs analyst covering Taiwan, shows federal authorities are expanding the insider-trading probe by U.S. Attorney Preet Bharara in Manhattan and the FBI in New York, said the person, who didn’t want to be