February 10, 2015
Craig Lax, ex-global head of execution, has admitted wrongdoing to settle the SEC’s claims that he oversaw systemic, deceptive overcharging of clients.
February 4, 2015
European pensions have been given two more years before new rules regarding the trading of derivatives apply to them.
February 4, 2015
The settlements relate to the rating agency’s treatment of mortgage-backed securities before the financial crisis.
January 28, 2015
The US regulator wants to know more about BNY Mellon’s hiring of potential clients’ staff.
January 23, 2015
NYC’s retirement system has joined a lawsuit against American Realty Capital Partners, claiming it “artificially inflated prices” of its securities.
January 21, 2015
The rating agency also faces a one-year ban from rating certain commercial mortgage-backed securities.
January 15, 2015
Due to stand trial next month on federal corruption and bribery charges, former placement agent Alfred Villalobos died on Tuesday.
January 12, 2015
A group of investors claims the bank misrepresented the quality of $18 billion of mortgage-backed securities.
January 9, 2015
Two investors are suing the bankrupt city in order to reclaim debts alongside payments to CalPERS.
January 8, 2015
Suing over losses, a church foundation is still pursuing its former OCIO for alleged fraud, breach of trust, and securities law violations.
January 5, 2015
The UK’s Coal Pension fund is taking legal action to recover millions it claims to have lost through a currency hedge.
December 19, 2014
The vetoed bill would allow NYC pension
to up allocations to alternatives and international bonds to 30%.
December 17, 2014
A bill to be scrutinised by the Californian senate in January could lead to forced divestments for the state’s biggest investors.
November 24, 2014
Arrangements with San Bernardino, Stockton, and Vallejo will lead to more financial strain, ratings agency Moody’s argues.
November 11, 2014
The
Boston-based firm has received subpoenas from the Department of Justice and the
Securities and Exchange Commission, according to its quarterly filing.