08/21/2013
A former contract worker at Julius Baer Group AG received a partially suspended three-year prison sentence on Thursday after being found guilty of stealing and selling information about the Swiss bank's clients
08/21/2013
Hedge fund manager Reade Griffith has been ordered to pay out more than £800,000 to Kensington council
08/20/2013
Asia's leading private client lawyers are set to gather at The Mira Hong Kong Hotel next month to debate the challenges facing Greater China's high net worth community at Legal Week's inaugural Hong Kong Private Client Forum.
08/20/2013
hina is set to join a group of 50 developed and developing countries in the fight against tax evasion
08/19/2013
Italy has one of Europe’s biggest grey economies and highest levels of cash transactions, making tax evasion a constant problem despite repeated crackdowns.
08/19/2013
The company earlier this year agreed to settle related charges with the SEC and pay $2.8 million.
08/18/2013
More investment in data governance is needed in companies specialising in asset and wealth management
08/18/2013
Aj Somal, certified financial planner at Aurora Financial Planning, said some discretionary managers were shown “in a bad light” by not submitting comparative performance data.
08/18/2013
While the ban would put at least a temporary end to Falcone's hedge fund career, the consent order detailing the agreement does not say Falcone is barred from being a director or officer of a public company.
08/17/2013
There was industry concern that any changes brought in would adversely affect the industry
08/15/2013
They will range from global asset managers to boutiques
08/15/2013
Paltzer is cooperating with U.S. authorities in their broader investigation of how foreign banks and advisers helped American clients evade taxes, his lawyer,Thomas Ostrander, said.
08/15/2013
After other investors lost two similar claims at a German tribunal last year, the funds added antitrust claims against Porsche to their suit, forcing a move to a court that specializes in cartel suits.
08/14/2013
Data leaks have become big business ever since 2008
08/14/2013
Moody's Analytics has released two reports outlining the challenges associated with the upcoming Asset Quality Review (AQR) and subsequent stress test requirements for European financial institutions.
08/14/2013
A Swiss bank is being sued in the English courts by the glamorous British ex-countess Lady Victoria Normanton for ‘negligent’ handling of her finances which led to £93,000 (CHF: 132,000) being stolen from her bank account.
08/13/2013
The chief executive of a Norwegian oil fund has said that the issue of tax evasion could become an area of focus in the future
08/13/2013
Capital adequacy, stress testing & internal risk models among top regulatory pressures; Report says flexible technology key to addressing evolving requirements
08/13/2013
With the amount of financial information to be shared between European Union countries set to significantly increase over the next few years
08/13/2013
Federal prosecutors in Manhattan have criminally charged two former JPMorgan bankers for their alleged role in the “London whale” trading loss that rocked the investment bank last year and led to a very public overhaul of its senior management