11/01/2022
Ropes & Gray Advises the Management Team of Churchill Asset Management in Nuveen’s Acquisition of Arcmont Asset Management
The Ropes & Gray team that advised the Churchill management team was led by private equity partner Daniel Evans
Legal,Regulation,Tax & Compliance
11/01/2022
LGT Navigator: Monetary policy continues to set the tone
In New York, the stock indices rose sharply again on Friday, mainly thanks to lower bond yields and thus ended a strong stock market week.
10/28/2022
Imbalances in housing wealth demand radical tax reform
OECD advice includes cracking down on tax evasion and ensuring property valuations are regularly updated
10/27/2022
Building Bridges: the COP31 lobby in Switzerland
If Switzerland hosts the COP in 2026 there will be an opportunity to create a more reasonable format that is adapted to environmental constraints and to have an agenda that focusses on themes where Switzerland has particular expertise.
10/26/2022
Bill Hwang Urges End to SEC Lawsuit Against «Legitimate» Practices
The SEC declares unlawful a number of practices that have long been accepted as entirely legitimate and commonplace in the market,» Hwang indicated in his filing.
10/25/2022
Billionaire Dan Och Slammed By Hedge Fund For 'Mismanagement'
A trial over the records demand is scheduled to kick off Dec. 16 in Delaware Chancery Court.
10/21/2022
Swiss Banks Face a Tense Future in China
Most of the wealth management industry has been manhandled into coughing up material fines for abetting tax evasion attempts by American citizens.
10/21/2022
Nordea Asset Management seeking licence to open investment hub in Singapore
The €248bn ($243bn) Nordic money manager is in the final stages of applying for a fund management licence with MAS, hoping to open shop in 2023.
10/20/2022
Jupiter slashes dividend on further outflow pain
The fund firm is slashing shareholder payouts after suffering another £600m outflow in the third quarter.
10/20/2022
IQ-EQ shortlisted in the PICCASO Privacy Awards 2022
IQ-EQ has established a strong and effective Privacy and Data Protection team over the past year and achieved tangible results
10/19/2022
TISE grants employees special cost of living payment
The contribution was paid to employees across all of TISE’s operating jurisdictions, along with their October salary payments.
10/19/2022
Tax investigators gain access to Deutsche Bank
As has been the case since the investigation began, the bank continues to cooperate fully with the investigating authority.
10/19/2022
EQT publishes prospectus for admission to trading of shares on Nasdaq Stockholm
A prospectus regarding admission to trading of the newly issued shares on Nasdaq Stockholm has been approved
10/18/2022
Puhui Wealth Investment Management Co., Ltd. Announces Receipt of Nasdaq Delisting Notification and Plans to Appeal
At the hearing, the Company intends to present its plan to regain compliance with the Rule to the Panel.
10/18/2022
Credit Suisse Group Reaches Settlement in RMBS Legacy Case
The settlement, for which Credit Suisse is fully provisioned, marks another important step in the bank’s efforts to pro-actively resolve litigation and legacy issues.
10/17/2022
Goldman to fold major business units into three main divisions in sweeping reorganisation
The reorganisation could be announced within days, people familiar with the matter said
10/17/2022
Credit Suisse reaches CHF 500m settlement over RMBS claim
The New Jersey court had sought damages of over $3bn on claims related to its residential mortgage-backed securities.
10/14/2022
What the UK’s updated anti-money laundering rules mean for the art market
This was partly put down to the lack of transparency and complexity of some deals that take place in the sector.
10/14/2022
ABS launches new guidelines for sustainable private banking, wealth management practices
ABS director Ong-Ang Ai Boon said the guidelines will help private banks and their clients in their transition towards a low-carbon economy.
10/14/2022
LDI crisis ‘not a moral hazard issue’, says Schroders group CIO
The UK LDI market faces tightened standards after the recent intervention by the Bank of England, but Johanna Kyrklund believes these products are not ‘about taking risk’.