12/02/2012
China's Huaxia Bank Co Ltd has blamed an employee at a Shanghai branch for selling a wealth management product without permission, after Chinese media said the product could not repay investors.
12/02/2012
UBS faces a third FSA investigation in four years, this time for Libor. A record-breaking fine is coming its way…
12/02/2012
Widmer-Schlumpf warned that there is either this treaty or no accord
12/02/2012
These two cases illustrate well how important it is for successful and wealthy businessmen to have a clear and robust succession plan that lays out how their own personal wealth is to be divided, when the time arises.
11/29/2012
Magazine claims draft legislation exists already
11/29/2012
The law firm says twenty two asset managers have already been identified for review with the regulator set to publish its report in the third quarter of 2013.
11/29/2012
For years, since the SEC began its far-reaching investigation into insider trading within the hedge fund universe, its probe has led to civil and criminal charges against former SAC traders and investment managers.
11/28/2012
The London Stock Exchange controls Italy's Borsa Italiana
11/27/2012
"He was always setting goals and reaching them -- and never being satisfied.”
11/27/2012
Claimant sought compensatory damages, punitive damages, attorneys’ fees, and costs against Respondent Baird.
11/25/2012
The minister insisted that the government would have to make sure that the tax could be adapted to Moroccan society.
11/25/2012
The merger, which is subject to regulatory approval, is expected to be finalised by the end of the year, with the merged firm known as Quilter Cheviot.
11/25/2012
The systems and controls failings revealed serious weaknesses in the firm’s procedures, management systems and internal controls.
11/25/2012
Macfarlanes rehires top-rated private client partner from Speechlys
He will rejoin the firm in the first half of 2013, bringing the total number of private client partners at Macfarlanes up to 13.
11/22/2012
Switzerland could scrap tax breaks for foreign millionaires after activists succeeded in getting a more-than-century-old law put to a popular vote.
11/22/2012
UBS is reportedly nearing a settlement with regulators that could land it with a fine of up to £50m for failures that led to a $2.3bn (£1.4bn) rogue trading loss.
11/22/2012
BNP Paribas is urging Investment Trust Boards to begin working through the challenges the rules present or risk a duplication of effort, needless complexity and possible breaches of fiduciary duty.
11/22/2012
The SBA takes note of this decision with regret
11/22/2012
Twenty individuals were indicted in June for their role in the alleged tax fraud.
11/21/2012
The Bundestag’s finance committee, which listed Jain as a witness in a Nov. 12 statement on its website, will hear representatives of banks and regulators on Nov. 28.