02/20/2012

Hedge fund analyst arrested for insider trading

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.

02/17/2012

Madoff Trustee May Struggle to Undo HSBC Ruling, Lawyers Say

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.

02/13/2012

Hedge fund manager charged with insider trading

The president of a Menlo Park hedge fund Friday became the latest figure to be indicted in the Galleon insider trading scandal that has stretched from Silicon Valley to Wall Street.

02/04/2012

New York sues banks over fraudulent foreclosures

The state is suing JPMorgan Chase, Bank of America and Wells Fargo, along with Virginia-based MERSCORP, which it called a "shell company" set up by the banks to process home loans they made but which became a dumping ground for poorly documented

01/30/2012

Baker Tilly International Revenues Grow 5 Percent

Consulting revenue increased 21 percent to $720 million, while accounting revenue climbed 15 percent to $520 million, and tax revenue grew 7 percent to $860 million. Auditing revenue, however, declined 7 percent to $1.1 billion.

01/30/2012

Deadline Approaching for Family Office Compliance

One of the many regulatory changes brought about by the Dodd-Frank Wall Street Reform and Consumer Protection Act, this new “family office rule,” provides a broad exemption from SEC registration for many family offices.

01/30/2012

Swiss urge U.S. tax deal to shield other banks

Switzerland has been lobbying for a year to get the investigations dropped in return for the payment of a hefty fine and the transfer of names of thousands of U.S. bank clients suspected of dodging taxes.