11/03/2013
Federal prosecutors announced a record $1.8 billion insider trading penalty against billionaire Steven A. Cohen’s embattled SAC Capital on Monday
11/03/2013
UBS and Credit Suisse would have to hold far more capital than international rivals if Swiss lawmakers push ahead with proposals to impose even tougher rules to curb borrowing on the country's banks.
11/02/2013
Swiss politicians have proposed rules that could force the two banks to make far fewer loans and investments in relation to the capital they keep on hand.
10/31/2013
The probe follows the release of former Reyl banker Pierre Condamin-Gerbier from Swiss prison in September after he said he held a list of French politicians with undeclared funds in secret Swiss bank accounts.
10/30/2013
UK to lift secrecy over who are real owners of companies
10/29/2013
One of the German authorities investigating the role of UBS in helping Germans dodge taxes said it is too early to settle the probe with the Swiss bank.
10/29/2013
PwC US released today a new edition of Managing Your Wealth: Guide to Tax and Wealth Management, to help high-net-worth individuals, families, and business owners better understand and play an active role in growing and preserving their wealth.
10/29/2013
A specific concern is that some asset managers are pushing the definition of ‘research’ by using client commissions to cover non eligible costs and services.
10/29/2013
Speech by Clive Adamson, FCA Director of Supervision, at the FCA Asset Management Conference, London.
10/29/2013
Keynote speech by Martin Wheatley, Chief Executive of the FCA, at the FCA Asset Management Conference, London. This is the text of the speech as drafted, which may differ from the delivered version.
10/28/2013
The Zurich stock exchange’s regulatory unit said it’s investigating Liechtensteinische Landesbank AG for possibly breaching rules on the disclosure of management transactions.
10/28/2013
The original deal between the Swiss and British governments was agreed in 2011.
10/28/2013
Falciani has been welcomed with open arms by several European countries
10/28/2013
In order to implement the Basel III regime, FINMA has made changes to certain aspects of four of its circulars.
10/28/2013
Following the revision of the Swiss Code of Obligations concerning financial reporting, the accounting standards applicable to banks and securities dealers are being amended accordingly.
10/27/2013
Asset managers are under pressure to provide greater transparency and accountability in terms of how they pay for the equity research they receive
10/24/2013
International law firm expands Asian family practice
The newly appointed Chinese team members will further expand and strengthen our offering to the growing Chinese high net worth market.
10/23/2013
Bond Dickinson boosts private wealth team
The new recruits will join our nationally recognised team of expert advisers who make up one of the UK’s largest Private Wealth practices.
10/23/2013
The Financial Conduct Authority has proposed new rules for regulating the crowdfunding and peer-to-peer lending industry.
10/23/2013
The Swiss bourse has opened an investigation into whether UBS may have violated rules on releasing news last year when it announced a major restructuring and a settlement of Libor-related claims