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.
11/21/2012
UBS is braced for a record multi-million pound fine for failures in its systems and controls that allowed former employee Kweku Adoboli to conduct Britain’s biggest bank fraud.
11/21/2012
Consultation on the paper ‘Ensuring the fair taxation of residential property transactions’ has now closed and draft legislation is expected ‘on or before’ 11 December 2012.
11/20/2012
Mathew Martoma was charged in U.S. District Court in Manhattan with using confidential information about an Alzheimer's disease drug trial
11/20/2012
Shadow banking is a catch-all term for an industry that encompasses hedge funds, private equity firms and structured investment vehicles, which blossomed outside the conventional bank sector during the past decade.
11/20/2012
Britain's banking lobby group is under pressure to consider a merger with another trade body
11/20/2012
Charging a percentage of assets is preferred charging model (76%), followed by fixed fee basis (49%)