August 2017
- Barclays Legal and Regulatory Woes:
- [TOP TEN]“Law firm quit as Barclays adviser over Qatar loan fears” (FT, 8/20/17)
- Goldman Sachs Legal and Regulatory Woes:
- “Goldman Sachs looks to invigorate its bond trading business” (FT, 8/14/17)
- “Inside Goldman’s struggle to climb out of last place in trading” (WSJ, 8/1/17)
- LIBOR Manipulation:
- [TOP TEN]“US may struggle to extradite SocGen bankers over Libor” (FT, 8/26/17)
- [TOP TEN]“Bankers indicted in Libor scandal” (WSJ, 8/25/17)
- “U.S. accuses Société Générale bankers in Libor scheme” (NYT, 8/24/17)
- “A mortgage mystery: what happens to ARMs when Libor goes away?” (WSJ, 8/7/17)
- “The demise of Libor is not a done deal for markets” (FT, 8/2/17)
- Shareholder Class Action Lawsuits: [TOP TEN]“Companies face record number of shareholder lawsuits” (WSJ, 8/21/17)
- Wells Fargo Legal & Regulatory Woes:
- [TOP TEN]“Wells Fargo’s testimony left some feeling shortchanged” (NYT, 8/31/17)
- [TOP TEN]“Wells Fargo review finds 1.4 million more suspect accounts” (WSJ, 8/31/17)
- [TOP TEN]“Wells Fargo’s sales-scandal tally grows to around 3.5 million accounts” (WSJ, 8/31/17)
- “Vanguard voted against Wells Fargo directors” (WSJ, 8/31/17)
- [TOP TEN]“Wells Fargo’s estimate for unauthorized accounts jumps 67%, to 3.5 million” (LAT, 8/31/17)
- “Stop the next Wells Fargo scandal before it happens” (LAT, 8/30/17)
- “Wells Fargo hit with class-action lawsuit over mortgage lock-in fees” (LAT, 8/29/17)
- “Wells Fargo wants court to toss overdraft lawsuits and let it use arbitration” (LAT, 8/24/17)
- “Wells Fargo borrower got unneeded insurance, and ruined credit” (NYT, 8/18/17)
- “Wells Fargo elevates former fed governor Elizabeth Duke to chairman role” (WSJ, 8/15/17)
- “Embattled Wells Fargo board plans shake-up” (WSJ, 8/10/17)
- “Wells Fargo, awash in scandal, faces violations over car insurance refunds” (NYT, 8/8/17)
- [TOP TEN]“Wells Fargo faces a new auto-loan headache” (WSJ, 8/8/17)
- “California investigating Wells Fargo over unneeded auto insurance policies” (LAT, 8/8/17)
- [TOP TEN]“Wells Fargo may have found more fake accounts created by employees” (NYT, 8/4/17)
- “New York regulator investigating Wells Fargo auto insurance policies” (LAT, 8/2/17)
July 2017
- Barclays Legal and Regulatory Woes:
- “Barclays reports ‘pretty good progress,’ and a $1.8 billion loss” (NYT, 7/28/17)
- Bank of America Legal and Regulatory Woes:
- “Bank of America is a low-rate loser” (WSJ, 7/18/16)
- Goldman Sachs Legal and Regulatory Woes:
- “Goldman Sachs delivers profit surprise despite trading slump” (WSJ, 7/18/17)
- “Goldman quarterly trading revenues dive 40%” (FT, 7/18/17)
- “Goldman Sachs: commodity pricing” (FT, 7/18/17)
- HSBC Legal and Regulatory Woes:
- “HSBC to ramp up hunt for new chief executive” (FT, 7/6/17)
- “Justice Department overruled recommendation to pursue charges against HSBC, report says” (WSJ, 7/11/16)
- LIBOR Manipulation:
- “Libor’s last days” (FT, 7/29/17)
- [TOP TEN]“Libor: a eulogy for the world’s most important number” (WSJ, 7/27/17)
- “Regulator calls on banks to replace Libor by 2022” (FT, 7/27/17)
- “Libor brought scandal, cost billions–and may be going away” (NYT, 7/27/17)
- RBS Legal & Regulatory Woes:
- [TOP TEN]“RBS to pay £4.2bn for mis-sold US mortgage-backed securities” (FT, 7/12/17)
- [TOP TEN]“RBS agrees to $5.5 billion settlement over sale of mortgage securities during crisis” (WSJ, 7/12/17)
- Wells Fargo Legal & Regulatory Woes:
- “Wells Fargo hit with class-action lawsuit over auto insurance charges” (LAT, 7/31/17)
- “Wells Fargo charged customers for unneeded auto insurance — then repossessed their cars” (LAT, 7/28/17)
- [TOP TEN]“Wells Fargo forced unwanted auto insurance on borrowers” (NYT, 7/27/17)
- “Wells Fargo accidentally releases trove of data on wealthy clients” (NYT, 7/21/17)
- “Wells Fargo poised to sell more businesses as it streamlines following accounts scandal” (LAT, 7/17/17)
- [TOP TEN]“Wells Fargo’s $142-million sham accounts settlement: What you need to know” (LAT, 7/11/17)
June 2017
- Barclays Legal and Regulatory Woes:
- [TOP TEN]“John Varley steps down from Rio board after fraud charge” (FT, 6/20/17)
- [TOP TEN]“Barclays and former executives charged with crisis-era fraud” (FT, 6/20/17)
- [TOP TEN]“Barclays and former executives charged in Qatar fund-raising” (NYT, 6/20/17)
May 2017
- Barclays Legal and Regulatory Woes:
- “Barclays tightens email security after Jes Staley hoax” (FT, 5/21/17)
- “Barclays’s latest problem: questions on chief’s judgment” (NYT, 5/11/17)
- “Barclays chief Jes Staley apologises for pursuit of whistleblower” (FT, 5/10/17)
- “Barclays chair backs embattled Staley over whistleblowing probe” (WSJ, 5/10/17)
- “When Barclay’s Jes Staley went to bat for an in-law, a powerful client cried foul” (WSJ, 5/2/17)
April 2017
- Barclays Legal and Regulatory Woes:
- “Barclays’ Jes Staley faces investor disquiet over probes” (FT, 4/27/17)
- [TOP TEN]“Jes Staley’s setback illustrates inexperience in key areas” (FT, 4/14/17)
- [TOP TEN]“Barclays chief mounts charm offensive after reprimand” (FT, 4/11/17)
- [TOP TEN]“Barclays CEO is probed over bid to unmask whistleblower” (WSJ, 4/10/17)
- [TOP TEN]“Barclays C.E.O. investigated over treatment of whistle-blower” (NYT, 4/10/17)
- [TOP TEN]“Barclays chief censured for attempt to identify whistleblower” (FT, 4/10/17)
March 2017
- Bank of America Legal and Regulatory Woes:
- Barclays Legal and Regulatory Woes:
- “Qatari connection casts long shadow over Barclays” (FT, 3/23/17)
- Deutsche Bank Legal and Regulatory Woes:
- “Deutsche slips in European investment bank rankings” (FT, 3/21/17)
- Libor Manipulation Lawsuits: [TOP TEN]“Number of bank lawsuits at London’s High Court jump by a third” (FT, 3/27/17)
- Libor Manipulation Trial: [TOP TEN]“A trap for a trader” (WSJ, 3/17/17)
- Overseas Tax Evasion:
- [TOP TEN]“Credit Suisse says it faces tax probes in multiple countries” (FT, 3/31/17)
- “Amazon defeats IRS in tax-court case” (WSJ, 3/23/17)
- [TOP TEN]“UBS and its French unit to face trial in tax investigation” (NYT, 3/20/17)
- [TOP TEN]“UBS faces tax evasion trial in France after settlement talks fail” (FT, 3/20/17)
- Overseas Tax Evasion (Caterpillar): [TOP TEN]“Caterpillar is accused in report to federal investigators of tax fraud” (NYT, 3/7/17)
- UBS Legal and Regulatory Woes: [TOP TEN]“UBS cuts banker bonuses after missing out on trading boom” (FT, 3/10/17)
- Wells Fargo Legal & Regulatory Woes:
- [TOP TEN]“Want a piece of the $110-million Wells Fargo settlement? Here’s what you need to know” (LAT, 3/31/17)
- [TOP TEN]“Wells Fargo to pay $110 million to settle lawsuits over unauthorized accounts” (LAT, 3/28/17)
- [TOP TEN]“Citing misdeeds, U.S. gives Wells Fargo failing grade on lending” (NYT, 3/28/17)
- [TOP TEN]“Regulators ding Wells Fargo’s community-lending record, citing accounts scandal” (LAT, 3/28/17)
- [TOP TEN]“What’s wrong with bank culture? A top Fed official points to Wells Fargo scandal” (LAT, 3/21/17)
- “Wells Fargo new account openings plunge again” (FT, 3/20/17)
- “Rep. Maxine Waters blasts Wells Fargo for meeting with Republicans but stonewalling Democrats” (LAT, 3/17/17)
- [TOP TEN]“Wells Fargo leaders reaped lavish pay even as account scandal unfolded” (NYT, 3/16/17)
- [TOP TEN]“Wells Fargo shareholders call for a new, broader probe into the bank’s accounts scandal” (LAT, 3/15/17)
- [TOP TEN]“Wells under pressure as shareholders turn spotlight on board” (FT, 3/2/17)
- [TOP TEN]“Wells Fargo cuts pay for CEO and other top executives after scandal” (LAT, 3/1/17)
February 2017
- Barclays Legal and Regulatory Woes:
- “Barclays pre-tax profits almost triple to £3.2bn” (FT, 2/23/17)
- “Barclays swings to profit as sweeping overhaul nears end” (WSJ, 2/23/17)
- “Risk hungry? Meet Barclays’s new investment bank boss” (WSJ, 2/19/17)
January 2017
- Deutsche Bank Legal and Regulatory Woes:
- [TOP TEN]“Deutsche Bank fined in plan to help Russians launder $10 billion” (NYT, 1/30/17)
- “Deutsche Bank to cut 2016 bonuses for top managers” (FT, 1/18/17)
- “Deutsche Bank stops senior bankers’ bonuses for 2016” (WSJ, 1/18/17)
- “Deutsche Bank names Philippe Vollot Global Head of Anti-Financial Crime” (WSJ, 1/5/17)
- “Deutsche Bank’s financial crime head steps down after 6 months” (FT, 1/4/17)
- “Deutsche Bank’s anti-financial-crime chief to quit post” (WSJ, 1/4/17)
December 2016
- Credit Suisse Legal and Regulatory Woes:
- “Credit Suisse lowers profit targets and steps up cost cuts” (FT, 12/7/16)
- “Credit Suisse shares climb as bank seeks to reassure skeptics on overhaul” (WSJ, 12/7/16)
- Deutsche Bank Legal and Regulatory Woes:
- [TOP TEN]“Deutsche Bank flew and fall. Some paid a high price.” (NYT, 12/30/16)
- “Ex-Deutsche Bank trader accused of market manipulation in Russia” (FT, 12/20/16)
- “Deutsche Bank pays $37m to settle US dark pools probe” (FT, 12/16/16)
- Goldman Sachs Legal and Regulatory Woes:
- [TOP TEN]“1MDB case hangs over Goldman Sachs as investigators dig for answers” (NYT, 12/22/16)
- “Goldman to pay $120m to settle rate-rigging probe” (FT, 12/21/16)
- “How Dimon’s Monte dei Paschi plan came to grief” (FT, 12/21/16)
- Overseas Tax Evasion:
- [TOP TEN]“Noose tightens on tax havens in global crackdown” (FT, 12/6/16)
- Overseas Tax Evasion (Corporate Inversions):
- “German states battle over tax avoidance clampdown” (FT, 12/28/16)
- “Apple, Brussels and Ireland face off in new round of dispute” (FT, 12/19/16)
- “Apple hits back over EU Irish-Tax decision” (WSJ, 12/19/16)
- RBS Legal & Regulatory Woes:
- “RBS must add $2.5 billion in capital after failing BOE stress test” (WSJ, 12/2/16)
- Takata Airbag Investigation:
- “Takata said to be close to deal with U.S. over deadly airbags” (NYT, 12/29/16)
- UBS Libor Rigging Scandal: “Former UBS traders bring case against City watchdog” (FT, 12/18/16)
November 2016
- Anti-Corruption Investigation (Rio Tinto):
- “Rio Tinto adviser’s links to Guinea president raise bribery questions” (FT, 11/19/16)
- “Rio Tinto faces fresh controversy over $10.5m mining payment” (FT, 11/16/16)
- Citi National Bank: “City National Bank sticks with cross-selling, despite controversy over the strategy” (LAT, 11/2/16)
- Fraud Investigation of Banc of California: “Banc of California under pressure to investigate links to convicted fraudster” (LAT, 11/1/16)
- JPMorgan Legal and Regulatory Woes:
- “J.P. Morgan settles Asia jobs probe” (WSJ, 11/18/16)
- “JPMorgan Chase to pay $264 million to settle foreign bribery case” (NYT, 11/17/16)
- “JPMorgan to pay $264m penalty for hiring ‘princelings’” (FT, 11/17/16)
- “JPMorgan is said to settle bribery case over hiring in China” (NYT, 11/16/16)
- LIBOR Manipulation:
- “Libor alternatives have their own issues” (WSJ, 11/7/16)
- Overseas Tax Evasion:
- “US ordered to halt illegal tax breaks for Boeing” (FT, 11/28/16)
- “SocGen to fight tax clawback over Kerviel losses” (FT, 11/15/16)
- “Dublin appeals $14.3 billion tax charge against Apple” (NYT, 11/9/16)
- “UAE faces tax haven blacklist threat from G20” (FT, 11/6/16)
- RBS Legal & Regulatory Woes:
- “R.B.S. to bolster capital position after failing stress test” (NYT, 11/30/16)
- “RBS criticism grows as bank fails to show progress” (FT, 11/30/16)
- “RBS emerges as biggest failure in tough UK bank stress tests” (FT, 11/30/16)
October 2016
- Deutsche Bank Legal and Regulatory Woes:
- “Deutsche Bank swings to profit” (WSJ, 10/27/16)
- “Deutsche Bank swings into profit for third quarter” (FT, 10/27/16)
- “Deutsche Bank’s top investor, Qatar, is getting worried about the lender’s outlook” (WSJ, 10/14/16)
- “Deutsche Bank received special treatment in EU stress tests” (FT, 10/10/16)
- “Deutsche Bank to cut an additional 1,000 jobs in Germany” (NYT, 10/6/16)
- “Deutsche Bank wins BaFin reprieve in Russia probe” (FT, 10/6/16)
- “Deutsche Bank offers a tough lesson in risk” (FT, 10/4/16)
- “Crisis of globalization lies behind Deutsche Bank’s troubles” (WSJ, 10/3/16)
- “Deutsche Bank’s fine poses another form of moral hazard” (FT, 10/2/16)
- [TOP TEN]“Deutsche Bank: 5 scenarios for the German bank” (FT, 10/2/16)
- “Deutsche Bank’s appetite for risk throws off its balance” (NYT, 10/2/16)
- [TOP TEN]“Germany’s deputy chancellor attacks Deutsche Bank chief” (FT, 10/2/16)
- [TOP TEN]“Deutsche Bank, U.S. DOJ continue to discuss mortgage-securities settlement” (WSJ, 10/2/16)
September 2016
- Deutsche Bank Legal and Regulatory Woes:
- [TOP TEN]“Deutsche Bank and the unintended consequence” (WSJ, 9/30/16)
- [TOP TEN]“Deutsche Bank’s clients take steps to cut exposure” (WSJ, 9/30/16)
- “Deutsche Bank: what to know” (WSJ, 9/30/16)
- “Deutsche Bank takes a lashing from the public” (WSJ, 9/30/16)
- [TOP TEN]“Deutsche Bank: settling for less” (FT, 9/30/16)
- [TOP TEN]“Senior officials rally behind Deutsche Bank” (FT, 9/30/16)
- “Donald Trump, Deutsche Bank and the risks of complacency” (FT, 9/30/16)
- “Balance sheet doubts widen German lender’s credibility gap” (FT, 9/30/16)
- [TOP TEN]“Concern over Deutsche Bank’s health shakes markets” (NYT, 9/29/16)
- [TOP TEN]“Hedge funds pull business from Deutsche Bank” (FT, 9/29/16)
- “Draghi and Berlin drawn into Deutsche Bank troubles” (FT, 9/28/16)
- “Deutsche Bank and Twitter are lost in the past” (FT, 9/28/16)
- “Deutsche Bank’s issues are in its future as much as its past” (WSJ, 9/27/16)
- “German financials face sustained market pressure” (FT, 9/27/16)
- “Deutsche Bank puts Germany in a bailout bind” (WSJ, 9/27/16)
- “What do markets think will happen to Deutsche Bank?” (FT, 9/27/16)
- “Deutsche Bank shares drop on fears of capital raising” (WSJ, 9/27/16)
- “Deutsche Bank denies asking Germany to help in U.S. dispute” (NYT, 9/26/16)
- “Deutsche Bank: still accountable” (FT, 9/26/16)
- “Deutsche Bank denies seeking help from Berlin over DoJ” (FT, 9/26/16)
- “Stocks retreat as Deutsche Bank slides” (FT, 9/26/16)
- “Deutsche faces plight of capital” (WSJ, 9/17/16)
- “Deutsche Bank’s riskiest bonds rattled by $14bn claim” (FT, 9/16/16)
- “Deutsche Bank: whipping boy” (FT, 9/16/16)
- [TOP TEN]“Deutsche Bank settlement could strain capital” (WSJ, 9/16/16)
August 2016
- Barclays Legal and Regulatory Woes:
- “Barclays shrinks, but says its core business is stronger” (NYT, 8/16/16)
July 2016
- Deutsche Bank Legal and Regulatory Woes:
- “Deutsche Bank: problems of scale” (FT, 7/28/16)
- “Deutsche Bank, facing criticism, surveys limited options” (NYT, 7/27/16)
- “European lenders walloped by economic, political worries” (WSJ, 7/27/16)
- “Dark days flag up challenges for Deutsche Bank” (FT, 7/8/16)
June 2016
- Credit Suisse Legal and Regulatory Woes:
- Deutsche Bank Legal and Regulatory Woes:
- [TOP TEN]“Deutsche Bank shares hit over 30-year low after Fed, IMF rebuke” (WSJ, 6/30/16)
- Goldman Sachs Legal and Regulatory Woes:
- “Goldman banker ‘procured’ prostitutes to build links with Libya” (FT, 6/14/16)
- “Goldman’s Europe chief to face BHS inquiry” (FT, 6/14/16)
- “Goldman probed over Malaysia fund 1MDB” (WSJ, 6/7/16)
- Overseas Tax Evasion:
- “Singapore and Hong Kong sign up to corporate tax avoidance rules” (FT, 6/30/16)
- “Judge hands entrepreneur Sam Wyly a $1.1 billion tax bill” (WSJ, 6/28/16)
- Overseas Tax Evasion (Panama Papers):
- “The Obama-Lew business tax raid” (WSJ, 6/21/16)
- [TOP TEN]“Employee of Panama Papers law firm, Mossack Fonseca, is arrested in Switzerland” (NYT, 6/15/16)
- “Panama Papers point to tax evasion” (NYT, 6/6/16)
- [TOP TEN]“Panama Papers show how rich United States clients hid millions abroad” (NYT, 6/5/16)
- “Watchdog that shepherded Panama Papers now constrained by finances” (NYT, 6/5/16)
- Takata Airbag Investigation:
- “Takata chief executive to resign as financial pressure mounts” (NYT, 6/28/16)
- “Takata highlights the decline of kieretsu” (FT, 6/14/16)
May 2016
- Antitrust Lawsuits against Banks for Libor Manipulation: [TOP TEN]“Banks dealt blow in Libor lawsuits” (WSJ, 5/23/16)
- Barclays Legal and Regulatory Woes: “Barclays’ risk officer in France alleges laundering and mis-selling failures” (FT, 5/2/16)
- Credit Suisse Legal and Regulatory Woes: “Credit Suisse slashes debt trading with private-equity deal” (WSJ, 5/3/16)
- Deutsche Bank Legal and Regulatory Woes:
- “ISS backs proposal for audit at Deutsche Bank” (FT, 5/3/16)
- “Deutsche Bank continues to be plagued by legal uncertainty” (FT, 5/1/16)
- “FCA warns Deutsche on ‘serious’ financial crime control issues” (FT, 5/1/16)
- Overseas Tax Evasion (Panama Papers):
- LIBOR Manipulation:
- “Banks claim to have learnt lessons but hits keep on coming” (FT, 5/6/16)
- Malaysian Sovereign Fund Fraud Investigation:
- Overseas Tax Evasion:
- “UK tipped off over Swiss bank years before US exposed tax fraud” (FT, 5/11/16)
- “Judge says businessman Sam Wyly hid wealth offshore” (WSJ, 5/11/16)
- “Ending tax break for ultrawealthy may not take act of Congress” (NYT, 5/6/16)
- Overseas Tax Evasion (Corporate Inversions):
- “Pfizer weighs split to cut tax bill” (FT, 5/3/16)
- “Pfizer reports rock-solid quarter, sees stronger year ahead” (WSJ, 5/3/16)
- Takata Airbag Investigation:
- “Takata looks to overhaul division responsible for airbag defects” (NYT, 5/11/16)
- “US regulators more than double Takata airbag recall” (FT, 5/4/16)
- “Takata agrees to recall another 35 million to 40 million air bag inflators” (LAT, 5/4/16)
- “Takata air-bag recall more than doubles in the U.S.” (WSJ, 5/4/16)
- “Takata airbag defect is traced to moisture and temperature” (NYT, 5/4/16)
- UBS Legal and Regulatory Woes:
- “UBS shares drop after sharp fall in first-quarter profits” (FT, 5/3/16)
April 2016
- Credit Suisse Legal and Regulatory Woes: “Inside Credit Suisse, finger-pointing and confusion over $1 billion loss” (WSJ, 4/28/16)
- Deutsche Bank Legal and Regulatory Woes:
- “Deutsche Bank profit falls 58% amid overhaul” (NYT, 4/28/16)
- “Turbulent markets hit Deutsche Bank profits” (FT, 4/28/16)
- Goldman Sachs Legal and Regulatory Woes:
- “Libya fund accuses Goldman Sachs of breaching its own rules” (FT, 4/27/16)
- “How Goldman Sachs’ vampire squid became a flattened slug” (FT, 4/21/16)
- “After a rough quarter, Goldman faces questions on strategy” (NYT, 4/19/16)
- “US banks endure biggest drop in revenues since 2011” (FT, 4/19/16)
- “Goldman Sachs: primary challenge” (FT, 4/19/16)
- “Goldman’s profits tumble 56% as revenue dives” (FT, 4/19/16)
- “Goldman shows the big problem for banks: revenue” (WSJ, 4/19/16)
- JPMorgan Legal and Regulatory Woes:
- “SEC investigates ex-JPMorgan debt traders” (FT, 4/3/16)
- Malaysian Sovereign Fund Fraud Investigation:
- “Royal Bank of Scotland sucked into 1MDB probe” (FT, 4/29/16)
- “Malaysia prime minister’s confidant had central role at troubled 1MDB fund” (WSJ, 4/19/16)
- [TOP TEN]“The secret money behind ‘The Wolf of Wall Street’” (WSJ, 4/1/16)
- Overseas Tax Evasion:
- “Brussels to get tough on tax avoidance” (FT, 4/21/16)
- “Swiss private banks target overseas growth as uniqueness vanishes” (FT, 4/21/16)
- Overseas Tax Evasion (Corporate Inversions):
- “New tax inversion rules complicate equipment-maker deal” (WSJ, 4/27/16)
- “Tax-rule changes ripple widely” (WSJ, 4/12/16)
- “M&A deals with $370bn torpedoed by Obama administration” (FT, 4/7/16)
- “New tax rules on inversion deals are met with protest” (WSJ, 4/6/16)
- “Pfizer faces limited options after its dead deal with Allergan” (NYT, 4/6/16)
- “Pfizer shows that its Allergan merger was only a tax dodge” (LAT, 4/6/16)
- “New tax-inversion rules kill proposed Allergan-Pfizer merger” (LAT, 4/6/16)
- “Collapse of $160bn Pfizer and Allergan merger shocks corporate US” (FT, 4/6/16)
- “US Treasury shatters Pfizer chief Ian Read’s merger dreams” (FT, 4/6/16)
- “Jack Lew’s corporate tax ambush” (WSJ, 4/6/16)
- “Pfizer walks away from Allergan deal” (WSJ, 4/6/16)
- “A corporate tax dodge gets harder” (NYT, 4/6/16)
- “On inversions, the Treasury Department drops the gloves” (NYT, 4/5/16)
- [TOP TEN]“Apple’s tax affairs spark a transatlantic face-off” (FT, 4/4/16)
- Overseas Tax Evasion (Panama Papers):
- “A tepid crusade against illicit offshore finance” (FT, 4/21/16)
- “Spain’s industry minister steps down over Panama Papers revelations” (NYT, 4/15/16)
- “E.U.’s five biggest economies join tax crackdown after Panama Papers” (NYT, 4/15/16)
- “European Union calls for big companies to disclose more tax data” (NYT, 4/12/16)
- “Tamper with tax havens at your peril” (FT, 4/12/16)
- “What the Panama Papers reveal about the art market” (NYT, 4/11/16)
- “U.K. treasury chief follows Cameron in disclosing tax returns” (WSJ, 4/11/16)
- “Don’t blame Panama. Tax evasion is a global problem.” (NYT, 4/11/16)
- [TOP TEN]“Cameron pushes for criminal sanctions over tax evasion” (FT, 4/11/16)
- [TOP TEN]“A brief history of tax evasion” (WSJ, 4/8/16)
- “My brief career as an Indian Ocean tax pirate” (FT, 4/8/16)
- “Panama tries to stay cool as offshore heat rises” (FT, 4/8/16)
- “Tax scandal reheats Iceland politics” (FT, 4/8/16)
- “EU cracks down on havens as post-Panama action widens” (FT, 4/8/16)
- [TOP TEN]“Co-founder of Mossack Fonseca defends law firm at center of ‘Panama Papers’” (WSJ, 4/7/16)
- “Panama Papers continue to shake leaders, including Cameron and Putin” (NYT, 4/7/16)
- “For just $309, you too can hide your assets—in the U.S.” (LAT, 4/7/16)
- “Panama Papers open new chapter in Argentina corruption drama” (FT, 4/7/16)
- “Putin’s cellist friend ‘interested only in musical instruments’” (FT, 4/7/16)
- [TOP TEN]“Tax havens are cog in global economy, say defenders” (FT, 4/7/16)
- “Leaders strive to tame ‘Panama Papers’ fallout” (WSJ, 4/7/16)
- “Panamanians pained by corruption claims” (FT, 4/7/16)
- “Panama Bernie” (WSJ, 4/6/16) F Overseas tax evasion (PP)
- [TOP TEN]“U.S. plans to require banks to identify owners of shell companies” (NYT, 4/6/16)
- [TOP TEN]“Panama Papers leak casts light on a law firm founded on secrecy” (4/6/16)
- [TOP TEN]“How fury over tax havens moved from the margins to the mainstream” (FT, 4/6/16)
- “Panama Papers reveal companies blacklisted by US” (FT, 4/6/16)
- “Iceland’s leader goes to ground as political pressure grows” (FT, 4/6/16)
- “‘Panama Papers’ blockbusters make waves abroad, but secret money is a U.S. problem too” (LAT, 4/6/16)
- “Iceland’s Prime Minister Sigmundur David Gunnlaugsson steps aside after release of ‘Panama Papers’” (WSJ, 4/6/16)
- [TOP TEN]“Iceland’s Prime Minister steps down amid Panama Papers scandal” (NYT, 4/5/16)
- [TOP TEN]“The Panama Papers’ sprawling web of corruption” (NYT, 4/5/16)
- “‘Panama Papers’ revelations cost Iceland prime minister his job” (LAT, 4/5/16)
- [TOP TEN]“Tax-haven crackdown leads to whack-a-mole” (WSJ, 4/5/16)
- “After massive ‘Panama Papers’ document leak, rich and powerful around the world deny wrongdoing” (LAT, 4/4/16)
- Tax Evasion in U.S.: “Need to hide some income? You don’t have to go to Panama” (NYT, 4/7/16)
March 2016
- Investigation of Puerto Rican Utility Fraud and Bribery Scheme: “In scandal at Puerto Rico utility, ex-fuel buyer insists he took no bribes” (NYT, 3/2/16)
- Malaysian Sovereign Fund Fraud Investigation:
- Money Laundering Investigation of HSBC: “Iranian miniskirts, bags of cash raise doubts over controls at HSBC” (WSJ, 3/29/16)
- Overseas Tax Evasion (Corporate Inversions):
- “US companies warn tax avoidance crackdown will hit earnings” (FT, 3/28/16)
- “IHS and Markit to merge, creating data heavyweight” (WSJ, 3/21/16)
- “The problem with promises to crack down on tax-dodging banks” (FT, 3/16/16)
- “Pfizer’s eager to go, but the market has doubts” (NYT, 3/12/16)
- Overseas Tax Evasion (Facebook):
- “Facebook to pay more in U.K. tax” (WSJ, 3/4/16)
- “Facebook, in accounting change, could pay millions more in British taxes” (NYT, 3/4/16)
- Overseas Tax Evasion (UBS):
- “UBS and Deutsche avoided tax on bonuses, rules Supreme Court” (FT, 3/9/16)
- “UBS’s French unit placed under formal investigation” (WSJ, 3/3/16)
- “UBS France probed on suspicion of interfering with tax witness” (FT, 3/3/16)
- USSC Decision on Asset Freezes: [TOP TEN]“Supreme Court rules assets unrelated to crimes cannot be frozen” (WSJ, 3/30/16)
February 2016
- Deutsche Bank Legal and Regulatory Woes:
January 2016
- Deutsche Bank Legal and Regulatory Woes: “Deutsche Bank warns litigation charges to spur quarterly loss” (WSJ, 1/21/16)
- Goldman Sachs Legal and Regulatory Woes:
- “Short sellers sold short by Goldman” (NYT, 1/31/16)
- Overseas Tax Evasion (Corporate Inversions):
- “EU ramps up tax fight with rules to claw back profits” (FT, 1/29/16)
- “Alphabet and Apple spell global tax war” (FT, 1/28/16)
- “Google’s tax deal should face a proper legal test” (FT, 1/27/16)
- “Johnson and Tyco revive tax storm with $20bn tie-up” (FT, 1/26/16)
- [TOP TEN]“A title wave of corporate migrants seeking (tax) shelter” (NYT, 1/26/16)
- “Tyco merger will shift tax liability overseas” (NYT, 1/26/16)
- “Google’s tax deal is a sign of political winds shifting” (FT, 1/25/16)
- “EU to clamp down on corporate tax avoidance schemes” (FT, 1/23/16)
- “Google strikes £130m back tax deal” (FT, 1/23/16)
- “Google settles UK dispute over taxes” (WSJ, 1/23/16)
- “Apple’s Cook jets into Brussels to stave off threat of billions in Irish back taxes” (FT, 1/22/16)
- “EU demands back taxes from global companies” (WSJ, 1/12/16)
- “Belgium told to claw back $700m in tax” (FT, 1/12/16)
- “Tax-trade mess lingers at bank” (WSJ, 1/7/16)
- Short Selling:“When it takes a short-seller to catch a financial thief” (FT, 1/13/16)
- Takata Airbag Investigation:
- “Faulty airbags still exact toll as recalls lag” (NYT, 1/31/16)
December 2015
- Arbitration vs Class Actions: “Which is better? Arbitration or class action” (WSJ, 12/10/15)
- Bank of America Legal and Regulatory Woes:
- “Why the ‘stress test’ bar will go higher” (WSJ, 12/11/15)
- “BofA passes its stress test” (WSJ, 12/11/15)
- Deutsche Bank Legal and Regulatory Woes:“Deutsche Bank’s probe into Russian trades widened” (FT, 12/23/15)
- Investor Lawsuit Over Banco Espirito Santo Collapse:
- “Ricardo Salgado freed to face court battles” (FT, 12/22/15)
- “Investors seek €10.5m in damages over BES collapse” (FT, 12/22/15)
- Overseas Tax Evasion (Corporate Inversions):
- “Here’s what genuine tax reform looks like” (WSJ, 12/23/15)
- “CF, OCI amend merger agreement to keep ‘inversion’ tax benefit” (WSJ, 12/22/15)
- “Bring the corporate tax exiles home” (NYT, 12/14/15)
- “Tax efficiency alone is no reason to do a deal” (FT, 12/14/15)
- “Clinton plans a corporate ‘exit tax’” (WSJ, 12/8/15)
- “Brussels accuses Luxembourg of ‘no-tax’ deal for McDonald’s” (FT, 12/4/15)
- “Europe adds McDonald’s to an inquiry on tax deals granted by Luxembourg” (NYT, 12/4/15)
- “Tax probes hit business certainty, warns Luxembourg” (FT, 12/2/15)
- “Tax tricks are perfectly legal-but should not be” (FT, 12/2/15)
- “Pfizer’s long war on taxation” (NYT, 12/1/15)
- “Pump and Dump” Fraud Schemes: “Why old scams keep landing in your inbox” (WSJ, 12/8/15)
November 2015
- Barclays Legal and Regulatory Woes:
- “Attempted ‘elephant deal’ costs Barclays £72m” (FT, 11/27/15)
- “Barclays settles with regulator in currency inquiry” (NYT, 11/19/15)
- “Barclays accused of abusing ‘last look’ forex trading practice” (FT, 11/19/15)
- “Barclays fined $150m over electronic forex trading” (FT, 11/19/15)
- Deutsche Bank Legal and Regulatory Woes:“Deutsche Bank to pay $258 million and fire 6” (NYT, 11/5/15)
- Investigation of FIFA Corruption: “The fall of the house of Blatter” (FT, 11/23/15)
- Overseas Tax Evasion (Corporate Inversions):
- “Deutsche Bank devised complex tax avoidance strategies for big clients” (FT, 11/30/15)
- “Pfizer chief takes on Washington in bid for pharma’s crown” (FT, 11/28/15)
- “Unhappy holidays for Pfizer’s CEO” (WSJ, 11/28/15)
- “Clinton’s Pfizer follies” (WSJ, 11/27/15)
- [TOP TEN]“Corporate tax: The $240bn black hole” (FT, 11/25/15)
- [TOP TEN]“Telltale signs that deal makers swallowed the silly pills“(NYT, 11/25/15)
- “Small break fee fuels fears over Pfizer’s Allegran deal” (FT, 11/25/15)
- “Skadden’s tax work anything but dull” (WSJ, 11/25/15)
- “Is Pfizer’s deal good for Ireland?” (WSJ, 11/25/15)
- “Obama should close Pfizer’s tax loophole” (FT, 11/25/15)
- “Pfizer seeks Washington support for $160bn Pfizer deal” (FT, 11/24/15)
- “Inversion changes appear minor” (WSJ, 11/21/15)
- “Pfizer girds for fight on tax-saving foreign deal” (WSJ, 11/20/15)
- “Wall St adversary turns fire on ‘tax dodging’ groups” (FT, 11/19/15)
- “Allergan warns US against any move on tax inversion deals” (FT, 11/16/15)
- “Spanish company’s moves in Ireland hit tax and political hot buttons” (NYT, 11/3/15)
- Repo Up & Down Changes: “Foreign groups accused over repo deals” (FT, 11/2/15)
October 2015
- Credit Suisse Legal and Regulatory Woes:“Credit Suisse, Barclays could pay up to $150 million to settle ‘dark pool’ claims” (WSJ, 10/23/15)
- Deutsche Bank Legal and Regulatory Woes:
- Forex Manipulation: “Barclays faces fresh US fine over forex abuse claims” (FT, 11/18/15)
- Goldman Sachs Legal and Regulatory Woes: “Trading hits Goldman hardest“ (WSJ, 10/16/15)
- Overseas Tax Evasion (Corporate Inversions):
- [TOP TEN]“Inside Switzerland banks tax-cheating machinery” (WSJ, 10/23/15)
- “Vestager’s new front on corporate tax avoidance” (FT, 10/22/15)
- “European inquiry focuses on a mysterious Starbucks business” (NYT, 10/22/15)
- “Inside Swiss banks’ tax-cheating machinery” (WSJ, 10/22/15)
- “Fiat and Starbucks face repaying millions after Brussels tax ruling” (FT, 10/20/15)
- “Researchers enlist artificial intelligence to fight tax evasion” (NYT, 10/10/15)
- Rogue Trader $200 million Loss Investigation:
- “A rogue trader’s tale” (FT, 10/25/15)
- “A ‘rogue’ trader allegedly loses millions” (WSJ, 10/1/15)
- US Supreme Court and Insider Trading
- [TOP TEN] “Justices let insider trade rule stand” (NYT, 10/6/15)
- “Supreme Court declines to review ruling on insider trading” (NYT, 10/6/15)
September 2015
- Automated Trading: “All-night push after glitch hit BNY Mellon” (WSJ, 9/4/15)
- Bank of America Legal and Regulatory Woes:
- “Victory for the chief and the board at Bank of America over a dual role” (NYT, 9/23/15)
- “Moynihan survives shareholder revolt at BofA” (FT, 9/23/15)
- “Crunch vote on BofA joint role” (FT, 9/21/15)
- “BofA, funds push for votes” (WSJ, 9/19/15)
- “Bank of America’s fight to keep Brian Moynihan’s dual roles” (NYT, 9/17/15)
- Credit Suisse Legal and Regulatory Woes:“Credit Suisse reaches tentative $85 million settlement on ‘dark pool’ probe” (WSJ, 9/15/15)
- DOJ/SEC Investigation of Manipulation of Treasury Bonds: “Treasury’s trading is focus of probes” (WSJ, 9/10/15)
- Forex Manipulation Investigation: “Ex-Citi trader’s dismissal case key to other claims” (FT, 9/15/15)
- Overseas Tax Evasion:
- “Curbs don’t stop tax-driven mergers” (WSJ, 9/22/15)
- “US targets tax evaders in Belize” (WSJ, 9/19/15)
August 2015
- Citibank Legal and Regulatory Woes: “Citigroup to pay $180 million over collapsed hedge funds” (NYT, 8/18/15)
- Government Investigation of Offshore Funds: “Investigation of seized hedge fund highlights risks” (WSJ, 8/4/15)
- MF Global $1.6 Billion Loss of Customer Funds: “MF Global creditors hear huge recoveries” (WSJ, 8/20/15)
July 2015
- Bank of America Legal and Regulatory Woes:
- “Bank of America departures thin the ranks at the top” (WSJ, 7/24/15)
- “LA’s Banamex to close, pay $140 million in money laundering probe” (LAT, 7/23/15)
- “Bank of America replaces its CFO as part of a shake-up” (NYT, 7/23/15)
- “Bank of America financial chief exits as part of shake-up” (WSJ, 7/23/15)
- Barclays Legal and Regulatory Woes:
- “Barclays promises to accelerate overhaul as profit rises” (NYT, 7/30/15)
- “SFO invites Barclays to talk about settling Qatar deal probe” (FT, 7/22/15)
- “Moynihan scratches out a solid BofA report” (WSJ, 7/16/15)
- “European bank bosses pay price for slow recovery” (FT, 7/10/15)
- “Barclays sets out plan to ‘unleash revenue growth’” (FT, 7/10/15)
- “Barclays fires Jenkins after clash with head of investment bank on its future” (FT, 7/9/15)
- “Knives come out after Jenkins outstays welcome” (FT, 7/9/15)
- “Barclays dismisses chief, seeking higher returns” (NYT, 7/9/15)
- Citibank Legal and Regulatory Woes:
- “Citigroup will close Banamex USA” (WSJ, 7/23/15)
- “Citigroup to pay $770 million over credit card add on” (WSJ, 7/22/15)
- “Citigroup ordered to refund $700 million in credit-card case” (NYT, 7/22/15)
- Deutsche Bank Legal and Regulatory Woes:
- Goldman Sachs Legal and Regulatory Woes: “Legal charge of $1.45 billion bites into profits at Goldman” (FT, 7/17/15)
- JP Morgan Legal and Regulatory Woes:
- [TOP TEN]“UK watchdog drops case against ‘London whale’” (FT, 7/10/15)
- “JP Morgan to pay $136 million to settle debt collection case” (NYT, 7/9/15)
- “Dimon taps new top legal counsel” (WSJ, 7/7/15)
- Libor Manipulation Investigation:“Benchmark still isn’t fixed, regulators say” (WSJ, 7/8/15)
- Offshore Tax Evasion (“Corporate Inversions”):
- “Lawmakers,White House explore tax revamp for US firms overseas” (WSJ, 7/22/15)
- “Plan to curb US taxation of overseas profit finds bipartisan support” (NYT, 7/9/15)
- “Senators pitch tax changes on overseas profits to fund highways” (WSJ, 7/9/15)
- “The tax inversion wave keeps rolling” (WSJ, 7/8/15)
- UBS Legal and Regulatory Woes: “US investigates ex-UBS Puerto Rico adviser over loans for debt funds” (WSJ, 7/30/15)
June 2015
- Bank of America Legal and Regulatory Woes:“Fed faulted BofA over its foresight” (WSJ, 6/17/15)
- BNP Paribas $9 billion Penalty for Violating Economic Sanctions: “Terrorism victims seek BNP money” (WSJ, 6/15/15)
- Citibank Legal and Regulatory Woes: “Citigroup likely to close Banamex USA” (WSJ, 6/1/15)
- Currency Trading Manipulation Investigation (Forex):“SFO to interview forex traders under caution” (FT, 6/25/15)
- HSBC Legal and Regulatory Woes:
- “HSBC plans to shed 50,000 jobs as part of its vast overhaul” (NYT, 6/10/15)
- “HSBC chief prepares to pitch second shake-up” (FT, 6/5/15)
- “HSBC’s $43m payout draws line under Swiss probe” (FT, 6/5/15)
- JP Morgan Legal and Regulatory Woes:“JP Morgan, SEC talk settlement” (WSJ, 6/25/15)
- Libor Manipulation Investigation:“Deutsche Bank individuals in spotlight of Libor inquiry” (FT, 6/30/15)
- Offshore Tax Evasion (“Corporate Inversions”):
- “Tax inversion deals bounce back after crackdown” (FT, 6/16/15)
- “The new rules of offshore accounts” (WSJ, 6/6/15)
- Overseas Tax Evasion:“Tax havens are still a desirable destination” (FT, 6/1/15)
May 2015
- Bank of America Legal and Regulatory Woes:
- “Bank of America’s woes test ‘fixer’ CEO” (WSJ, 5/15/15)
- “Credit sought where credit is not due” (NYT, 5/10/15)
- Citibank Legal and Regulatory Woes: “Citigroup pulls plug on elite FX service” (WSJ, 5/15/15)
- Currency Trading Manipulation Investigation (Forex):“SFO to interview forex traders under caution” (FT, 6/25/15)
- HSBC Legal and Regulatory Woes:
- “HSBC plans to shed 50,000 jobs as part of its vast overhaul” (NYT, 6/10/15)
- “HSBC chief prepares to pitch second shake-up” (FT, 6/5/15)
- “HSBC’s $43m payout draws line under Swiss probe” (FT, 6/5/15)
- JP Morgan Legal and Regulatory Woes:“JP Morgan, SEC talk settlement” (WSJ, 6/25/15)
- Offshore Tax Evasion (“Corporate Inversions”):
- “Tax inversion deals bounce back after crackdown” (FT, 6/16/15)
- “The new rules of offshore accounts” (WSJ, 6/6/15)
April 2015
- Barclay’s Legal and Regulatory Woes: “Barclay’s charge slices net” (WSJ, 4/30/15)
- Bank of America Legal and Regulatory Woes:
- “Bank of America results miss forecasts” (NYT, 4/16/15)
- “BofA defies legal costs to turn profit” (FT, 4/16/15)
- “BofA’s profit puzzle’s missing pieces” (WSJ, 4/16/15)
- “BofA’s results disappoint investors” (WSJ, 4/16/15)
- Citibank Legal and Regulatory Woes:
- “Citigroup exceeds expectations with 16 percent rise in profits“ (NYT, 4/17/15)
- Credit Suisse Legal and Regulatory Woes: “Fears over Credit Suisse equity level” (FT, 4/22/15)
- Currency Trading Manipulation Investigation (Forex):
- “Deutsche Bank close to resolving Forex manipulation probe” (WSJ, 4/10/15)
- [TOP TEN]“Bank faces record fine over rigged interest rates” (NYT, 4/10/15)
- Deutsche Bank Legal and Regulatory Woes:
- “Deutsche to shrink investment bank, but vows to remain a global force” (NYT, 4/28/15)
- “Hurt by legal costs, Deutsche Bank reports slide in profit” (NYT, 4/27/15)
- “Deutsche Bank profit halves on litigation costs” (WSJ, 4/27/15)
- [TOP TEN]“Deutsche Bank pays record fine over Libor manipulation” (FT, 4/24/15)
- “Deutsche’s delay in settling both helped and hindered the lender” (FT, 4/24/15)
- “Deutsche pays $2.5 billion penalty” (WSJ, 4/24/15)
- “Bank to pay $2.5 billion in inquiry on key rates“ (NYT, 4/24/15)
- “Legal costs at Deutsche to total $1.6 billion” (NYT, 4/23/15)
- “Deutsche to pay record fine on Libor” (WSJ, 4/23/15)
- Goldman Sachs Legal and Regulatory Woes:
- “Banks’ recipes for profit differ” (WSJ, 4/21/15)
- “Goldman reports robust earnings and defends its business model” (NYT, 4/17/15)
- “Goldman outdoes itself in the first quarter” (WSJ, 4/17/15)
- “Big-bank profit engines accelerate” (WSJ, 4/17/15)
- HSBC Legal and Regulatory Woes:
- “Under pressure in Britain, HSBC weighs a move” (NYT, 4/25/15)
- “HSBC: Shrink and simplify” (FT, 4/23/15)
- “France begins criminal probe of HSBC” (FT, 4/10/15)
- “French magistrates open criminal investigation of HSBC” (WSJ, 4/10/15)
- “HSBC criticized on compliance effort” (WSJ, 4/2/15)
- JP Morgan Legal and Regulatory Woes:
- “Former JPMorgan Chase broker is accused of stealing $20 million from clients” (NYT, 4/17/15)
- “JPMorgan shares reach high after it reports stronger revenues and profits” (FT, 4/15/15)
- “Bank results mirror economic split” (4/15/15)
- “Dimon sees clouds lifting” (WSJ, 4/9/15)
- MF Global:
- “Jon Corzine considers launching a hedge fund” (WSJ, 4/20/15)
- “MF Global creditors to get paid” (WSJ, 4/16/15)
- Offshore Tax Evasion (“Corporate Inversions”): “US tax reform facing major hurdles” (LAT, 4/18/15)
- Overseas Tax Evasion:
- “Apple warns of ‘material’ financial damage from Irish tax probe” (FT, 4/30/15)
- “RBC faces charge of tax fraud” (WSJ, 4/23/15)
- “Heir to Nina Ricci perfume fortune convicted as result of Swiss HSBC leak” (FT, 4/14/15)
- Overseas Tax Evasion (HSBC): “HSBC plans board cull after tax scandal” (FT, 4/15/16)
March 2015
- Bank of America Legal and Regulatory Woes:
- “Fed rebuke is latest challenge for BofA” (WSJ, 3/13/15)
- “A silver lining in BofA’s regulatory cloud” (WSJ, 3/5/15)
- Barclays Legal and Regulatory Woes:
- “Barclays logs $268 million 2014 loss, after charges for potential legal costs” (NYT, 3/4/15)
- “Barclays posts loss on Forex provision” (WSJ, 3/4/15)
- CFPB Regulation of Payday Lenders: “Agency aims to rein in loans seen as predatory” (NYT, 3/27/15)
- Citibank Legal and Regulatory Woes:
- “Citi in stress turns to a cool hand” (WSJ, 3/5/15)
- “Citi to sell OneMain to Springleaf” (FT, 3/4/15)
- Credit Suisse Legal and Regulatory Woes:
- “Credit Suisse’s top tier set for shake-up when Thiam storms in as new chief” (FT, 3/13/15)
- “Thiam is refreshing for Credit Suisse and also for banking in general” (FT, 3/11/15)
- “Risk expert to lead Credit Suisse” (NYT, 3/11/15)
- “Challenges loom for Thiam at Credit Suisse” (FT, 3/11/15)
- “Man from Pru Credit Suisse investors applaud appointment of Thiam” (FT, 3/11/15)
- “For Thiam, no shortage of challenges” (WSJ, 3/11/15)
- “Prudent man at Credit Suisse” (WSJ, 3/11/15)
- Currency Trading Manipulation Investigation (Forex): “Citi, Barclays will pay in forex deal” (WSJ, 3/18/15)
- Euribor Manipulation Investigation: “Bank traders face Euribor questioning” (FT, 3/9/15)
- Fed Reorganization: “Washington strips New York Fed’s power” (WSJ, 3/5/15)
- HSBC Legal and Regulatory Woes:
- “Banks linked to Andorran lender” (WSJ, 3/13/15)
- “How the HSBC chairman can restore accountability at is bank” (FT, 3/11/15)
- JP Morgan Legal and Regulatory Woes:
- “JP Morgan rising” (Barron’s, 3/30/15)
- “Universal banks” (FT, 3/30/15)
- “JPMorgan, the London whale and the pursuit of a little fish” (FT, 3/19/15)
- Offshore Tax Evasion (“Corporate Inversions”):“Obama crackdown on ‘tax inversion’ deals sees takeovers of US groups rise” (FT, 3/16/15)
- Overseas Tax Evasion (Credit Suisse):
- [TOP TEN]“Two ex-Credit Suisse bankers avoid jail time in tax-evasion case” (WSJ, 3/28/15)
- “Credit Suisse is said near a new chief in shake-up” (NYT, 3/10/15)
- “Credit Suisse CEO Dougan to depart” (WSJ, 3/10/15)
- Overseas Tax Evasion (Britain): “Britain’s elite still enjoying a tax break 100 years old” (NYT, 3/3/15)
- Overseas Tax Evasion (BSI): “Swiss lender reports its hidden U.S. accounts” (WSJ, 3/31/15)
- Portugal Bank Collapse Criminal Investigation (Banco Espirito Santo): “Spirited defense by ex-CEO” (WSJ, 3/20/15)
- RBS Legal and Regulatory Woes: “UK retreat from investment banking gathers pace” (FT, 3/4/15)
- “Spoofing” Manipulation: “Alleged ‘spoofing’ trader faces new allegations” (WSJ, 3/23/15)
February 2015
- Currency Trading Manipulation Investigation (Forex):
- “US seeks guilty pleas from 4 banks in probe” (WSJ, 2/11/15)
- [TOP TEN]“Justice Department is seeking felony pleas by big banks in foreign currency inquiry” (NYT, 2/10/15)
- “Barclays and UBS forex woes deepen” (FT, 2/9/15)
- FDIC Shuts Down Controversial Puerto Rico Bank:
- “Doral Bank fails after years of tumult” (WSJ, 2/28/15)
- “Failed bank in Puerto Rico is shut down by regulators” (NYT, 2/28/15)
- Goldman Legal and Regulatory Problems: “US presses cases with Morgan Stanley, Goldman” (WSJ, 2/24/15)
- Investigation of Moody’s Pre-Crisis Bond-Rating Practices:
- “Moody’s faces more inquiries” (WSJ, 2/7/15)
- “Multiple states probing Moody’s precirsis business practices” (WSJ, 2/6/15)
- JP Morgan Legal and Regulatory Woes:
- “JP Moran Chase insists it’s worth more as one than in pieces” (NYT, 2/25/15)
- “JP Morgan will get leaner” (WSJ, 2/25/15)
- “JP Morgan faces fresh scrutiny over Asia hiring practices” (FT, 2/6/15)
- “In JP Morgan emails, a tale of China and connections” (WSJ, 2/6/15)
- Legal Costs and Large Banks’ Earning: “Legal costs weigh down U.S. banks’ earning” (NTY, 2/15/15)
- Multi-Billion Dollar Settlements and “Earnings Adjustments”: [TOP TEN]“Revisionists take heat off bank results” (FT, 2/27/15)
- Offshore Tax Evasion (“Corporate Inversions”):
- “US probes role of big banks in tax trade” (WSJ, 2/28/15)
- “Obama seeks to raise $238 bn by US tax on offshore cash piles” (FT, 2/2/15)
- Overseas Tax Evasion and Money Laundering (HSBC):
- “Gulliver’s travails: CEO at HSBC takes heat” (WSJ, 2/26/15)
- “The bank that ran aground while overseas” (FT, 2/26/15)
- “HSBC, tax, and why good companies do bad things” (FT, 2/26/15)
- “HSBC inquisition leaves questions unanswered” (FT, 2/26/15)
- “Pressure mounts on HSBC leadership” (FT, 2/25/15)
- [TOP TEN]“Dark days turn darker for HSBC as profits dive” (FT, 2/24/15)
- “Weight of a costly banking world is on HSBC’s shoulders” (FT, 2/24/15)
- “HSBC chief defends Swiss bank account worth $7.7 million” (NYT, 2/24/15)
- “Standards for bankers higher than for bishops, claims HSBC chief Gulliver” (FT, 2/24/15)
- “HSBC and the problem of managing megabanks” (FT, 2/24/15)
- “HSBC takes a darker view of its future” (WSJ, 2/24/15)
- “HSBC chief defends Swiss bank account worth $7.7 million” (NTY, 2/22/15)
- [TOP TEN]“HSBC tax scandal prompts rivals to check for ‘problem dossiers’” (FT, 2/19/15)
- “HSBC unit offices in Geneva are searched” (WSJ, 2/19/15)
- “British revenue chief faulted on HSBC’s efforts to aid tax evasion” (NYT, 2/12/15)
- “UK claims ministers had no knowledge of HSBC tax scandal until this week” (FT, 2/11/15)
- [TOP TEN]“HSBC in Swiss tax avoidance storm after accounts leak” (FT, 2/10/15)
- “New details emerge on HSBC Swiss unit” (WSJ, 2/10/15)
- “New claims HSBC aided tax evaders” (NYT, 2/10/15)
- Overseas Tax Evasion (UBS): “More pain for UBS as new probe begins” (WSJ, 2/5/15)
- Overseas Tax Evasion: Dividend Arbitrage: “Big bank’s U.S. deposits helped clients avoid taxes” (WSJ, 2/12/15)
- RBS Legal and Regulatory Woes:“Global retreat by RBS stings US” (WSJ, 2/27/15)
- “Spoofing” Manipulation: [TOP TEN]“As ‘spoof’ trading persists, regulators clamp down” (WSJ, 2/23/15)
January 2015
- Bank of America Legal and Regulatory Woes:
- “Bank of America profits fall 11%, hurt by consumer loans and investment banking” (NYT, 1/16/15)
- “Biggest banks lag behind as economy gains steam” (WSJ, 1/16/15)
- Citigroup Legal and Regulatory Woes:“Citi profits plunge on weak trading and legal costs” (NYT, 1/16/15)
- JP Morgan Legal and Regulatory Woes:
- “JP Morgan’s Dimon says big is beautiful” (WSJ, 1/15/15)
- “JP Morgan hit by $1 billion in new legal charges” (FT, 1/15/15)
- “Dimon warns breaking up JP Morgan would hurt US financial power” (FT, 1/15/15)
- “Dimon has harsh words for regulators” (NYT, 1/15/14)
- “Full report on ‘London Whale’ incident sheds more light on Fed role” (WSJ, 1/9/15)
- Offshore Tax Evasion (“Corporate Inversions”):
- “Medtronics places strategy at heart of inversion deal” (FT, 1/28/15)
- “EU presses Amazon on taxes” (WSJ, 1/17/15)
- Portugal Bank Collapse (Banco Espirito Santo): “Missteps in a Goldman loan” (WSJ, 1/20/15)
December 2014
- Barclays Legal and Regulatory Woes:“Barclays confident on capital and debt targets after axing investment arm” (FT, 12/18/14)
- Citigroup Legal and Regulatory Woes:
- “Citigroup was wary of metals collateral” (WSJ, 12/22/14)
- “Citi adds billions to penalty funds” (WSJ, 12/10/14)
- “Citigroup hit with $2.7 bn in fourth-quarter legal charges” (FT, 12/10/14)
- Currency Trading Manipulation (Forex):
- “BP probes in-house traders over links to alleged forex rigging scandal” (FT, 12/31/14)
- “UK regulator to police seven more benchmarks” (FT, 12/23/14)
- Offshore Tax Evasion (“Corporate Inversions”):
- “IRS demands Ballmer testify in tax audit” (LAT, 12/25/14)
- “GE, Google play the tax audit lottery” (WSJ, 12/18/14)
- “EU widens investigation into special corporate tax deals” (WSJ, 12/18/14)
- “Tax leak exposes scope of Luxembourg deals” (WSJ, 12/10/14)
- “Britain targets tech groups in ‘Google tax’ on UK profits” (FT, 12/4/14)
- Research Analyst Conflict of Interest:
- “At big banks, a lesson not learned” (NYT, 12/14/14)
- “Big banks slapped for offering flowing research to win IPO” (WSJ, 12/12/14)
November 2014
- BOA/Countrywide Legal and Regulatory Woes:“Banks set aside $400 million more for currency inquiry” (NYT, 11/7/14)
- Citigroup Legal and Regulatory Woes:
- “Citigroup is fined over acts by analysts” (NYT, 11/25/14)
- “Citigroup fined on research breaches” (WSJ, 11/25/14)
- Currency Trading Manipulation (Forex):
- “US probes allegations of leaks at HSBC” (WSJ, 11/26/14)
- “Forex traders face bonus clawback” (FT, 11/15/14)
- “Currency trading: learn from your losses” (WSJ, 11/15/14)
- “JP Morgan, Citigroup take brunt of pact” (WSJ, 11/13/14)
- [TOP TEN] “Six banks hit with fines of $4.3 bn over global Forex rigging scandal” (FT, 11/13/14)
- [TOP TEN]“Big banks are fined $4.25 billion in inquiry into currency rigging” (NYT, 11/13/14)
- “No end in sight to a rotten culture” (FT, 11/13/14)
- “Foreign exchange rigging merits tough penalties” (FT, 11/13/14)
- [TOP TEN] “Forex fines: X-rated” (FT, 11/13/14)
- [TOP TEN]“Record fines carry strong echo of Libor scandal” (FT, 11/13/14)
- [TOP TEN] “Regulators slap $4.3bn fines on six banks in global forex probe” (FT, 11/12/14)
- “More bank settlements coming in widening currency case” (NYT, 11/11/14)
- “Singapore regulator hands back $7.7 bn to 19 banks after rates-rigging probe” (FT, 11/7/14)
- Farce Manipulation Investigation: “Bank of England to probe whether staff helped rig money auctions” (WSJ, 11/23/14)
- Investigation of Portugal’s Espirito Santo Bank: “Espirito Santo is raided in Portugal” (WSJ, 11/28/14)
- Mortgage Foreclosures: “Borrowers, beware: the robosigners aren’t finished yet” (NYT, 11/16/14)
- Overseas Tax Evasion (HSBC): “Argentina accuses HSBC of aiding tax evasion” (FT, 11/29/14)
- Offshore Tax Evasion (“Corporate Inversions”):
- “Jean-Claude Juncker regrets failing to reform Luxembourg tax laws” (FT, 11/28/14)
- “Jack Lew, Irish hero” (WSJ, 11/18/14)
- “Europe takes aim at deals created to escape taxes” (NYT, 11/15/14)
- “Brussels slams Netherlands over Starbucks tax deal” (FT, 11/14/14)
- “Berlin takes aim at Luxembourg tax deals” (FT, 11/13/14)
- “Luxemnourg pledges to end culture of bank secrecy” (FT, 11/7/14)
- “Tax leak pressures top EU official” (WSJ, 11/7/14)
- “Aggressive tax avoidance troubles large investors” (FT, 11/02/14)
- RBS Legal and Regulatory Woes:
- “RBS adds $640 million for fines” (WSJ, 11/03/14)
- “R.B.S. profit on $1.25 billion for legal costs” (NYT, 11/03/14)
- [TOP TEN] “RBS to advise City of London police on financial crime” (FT, 11/03/14)
- Senate Report on Banks Commodity Trading Scheme:
- “Banks hit back over commodities risks” (FT, 11/20/14)
- “Senate report finds banks can influence commodities” (NYT, 11/20/14)
- “US blasts banks’ commodities deals” (FT, 11/20/14)
- “Senators rip banks’ trading strategies” (WSJ, 11/20/14)
October 2014
- Barclays Legal and Regulatory Woes:
- “Profit dives 26% at Barclays, hampered by big legal bill” (NYT, 10/31/14)
- “Saudi businessman sues Barclays for $10bn” (FT, 10/29/14)
- BOA/Countrywide Legal and Regulatory Woes:
- “Bank of America posts small profit” (WSJ, 10/15/14)
- “Legal charge for mortgage settlement decreases profit at Bank of America” (NYT, 10/15/14)
- “Bank of America posts profit after mortgage settlement” (LAT, 10/15/14)
- Citigroup Legal and Regulatory Woes:
- “Legal shadow falls over Citi” (WSJ, 10/31/14)
- “Investigation causes Citi to cut profit” (NYT, 10/31/14)
- “Citi consumer banking chief Medina-Mora poised to step down” (FT, 10/15/14)
- “Another scandal hits Citigroup’s moneymaking Mexican division” (NYT, 10/15/14)
- “Chief of Citigroup’s unit in Mexico steps down” (NYT, 10/3/14)
- “Citigroup’s Mexico CEO resigns after tough year” (WSJ, 10/3/14)
- Currency Trading Manipulation (Forex):
- “Big banks brace for penalties in probes” (WSJ, 10/31/14)
- “UBS in talks with DoJ to reach settlement over forex probe” (FT, 10/17/14)
- [TOP TEN]“Big banks face another round of US charges” (NYT, 10/7/14)
- Deutsche Bank and UBS Legal & Regulatory Woes:
- “UBS profit rises in face of a variety of inquiries” (NYT, 10/29/14)
- “UBS posts weak profit, stung by legal expenses” (WSJ, 10/29/14)
- “UBS books $2 bn charge over forex fines” (FT, 10/29/14)
- “Legal costs swing Deutsche bank to loss” (WSJ, 10/29/14)
- “Deutsche Bank boosts litigation reserves” (WSJ, 10/24/14)
- “Deutsche Bank clampdown on conduct causes trader exodus” (FT, 10/13/14)
- Financier Suicide and Fraud Claims: “Financier in apparent suicide was in dispute on trades” (WSJ, 10/29/14)
- High Frequency Trading Investigations: “A high-speed trader looks to slow down critics” (WSJ, 10/15/14)
- JPMorgan Legal and Regulatory Woes:
- “JP Morgan was warned on hiring” (WSJ, 10/23/14)
- “JP Morgan sets aside $1bn to cover cost of penalties for markets manipulation” (FT, 10/15/14)
- “Trading revenue lifts JP Morgan back to profit in 3rd quarter” (NYT, 10/15/14)
- “JP Morgan, Citi hit by legal costs” (WSJ, 10/15/14)
- “J.P. Morgan expects $869 million in credit for consumer mortgage actions” (WSJ, 10/2/14)
- London Whale Trading Loss: “New York Fed faulted in ‘London whale’ case” (WSJ, 10/20/14)
- Libor Manipulation:
- “US, UK regulators push to settle Deutsche libor case this year” (WSJ, 10/7/14)
- “Former UBS trader challenges U.S. libor case” (WSJ, 10/3/14)
- “Banks pull out of dozens of benchmarks after rate-rigging scandals” (FT, 10/2/14)
- Offshore Tax Evasion (“Corporate Inversions”):
- “More than 50 countries sign tax deal” (WSJ, 10/29/14)
- “Probe widens into tax maneuver” (WSJ, 10/29/14)
- “Business-friendly bureaucrat helped build tax heaven” (WSJ, 10/22/14)
- “Swiss stand bank amid tax talks” (WSJ, 10/21/14)
- “Failing deals hit highest since 2008” (FT, 10/20/14)
- “Jack Lew, investment killer” (WSJ, 10/17/14)
- “How Obama killed a drug merger” (WSJ, 10/17/14)
- “Collapse of AbbVie-Shire leaves trail of bruises” (WSJ, 10/17/14)
- “Tax changes roil inversion deals” (FT, 10/16/14)
- “AbbVie and Shire: the tail of the tax tale” (FT, 10/16/14)
- “AbbVie drops proposed $54bn Shire deal” (WSJ, 10/16/14)
- “U.S. tax crackdown is said to sink AbbVie deal” (NYT, 10/15/14)
- “Under fire, Ireland is set to phase out a tax break” (NYT, 10/15/14)
- “Ireland to phase out tax loophole” (LAT, 10/15/14)
- “Ireland to close tax loophole” (WSJ, 10/15/14)
- “In Ireland, tax code may close loophole” (WSJ, 10/13/14)
- “Brussels in crackdown on ‘double Irish’ tax loophole” (FT, 10/10/14)
- “Salix pulls deal amid US tax crackdown” (FT, 10/3/14)
- “UBS criticises Paris over tax probe” (FT, 10/3/14)
- “Tax tactics threaten public funds” (NYT, 10/2/14)
- “Technology tax defense is washing away” (FT, 10/2/14)
- “Apple’s special Irish tax breaks” (NYT, 10/1/14)
- RBS Legal and Regulatory Woes:“BBVA profits triple amid rising expectations” (FT, 10/29/14)
September 2014
- Barclays Legal and Regulatory Woes:
- “Ex-Barclays bankers to give evidence to fraud agency” (FT, 9/26/14)
- BOA/Countrywide Legal and Regulatory Woes:
- “Bank of America pays $7.65 million to settle SEC charges” (WSJ, 9/30/14)
- “Bank of America’s time to shine” (Barron’s, 9/22/14)
- Citigroup Legal and Regulatory Woes:
- “Citi CEO pledges support for Mexico unit” (WSJ, 9/10/14)
- Currency Trading Manipulation (Forex):
- “UK Regulators discuss settling currency probe” (WSJ, 9/26/14)
- “Six banks in UK talks over forex fines” (FT, 9/27/14)
- Credit Suisse Legal and Regulatory Woes:
- “Credit Suisse loans draw notice” (WSJ, 9/17/14)
- “Traders tangled in probe of chats” (WSJ, 9/3/14)
- “Traders tangled in probe of chats” (WSJ, 9/3/14)
- “Credit Suisse loans draw notice” (WSJ, 9/17/14)
- Deutsche Bank and UBS Legal & Regulatory Woes:
- “Deutsche Bank fires Sydney currency trader for concealing losses” (FT, 9/25/14)
- JPMorgan Legal and Regulatory Woes:
- “JP Morgan chief slows, a little, to fight cancer” (WSJ, 9/12/14)
- Libor Manipulation:
- “Lloyds firings relate to benchmarks” (WSJ, 9/30/14)
- “Lloyds fires eight over rate manipulation claims” (FT, 9/30/14)
- Morgan Stanley Legal and Regulatory Woes: “China fraud unit questions Morgan Stanley arm over ‘princeling’ details” (FT, 9/4/14)
- Offshore Tax Evasion (“Corporate Inversions”):
- “EU Inquiry into tax deals for multinationals like Apple pushes ahead” (NYT, 9/30/14)
- “Made in the U.S.A but banked overseas” (NYT, 9/26/14)
- “US hands foreign companies tax perks” (FT, 9/26/14)
- “Hedge funds jostled by ‘inversions‘” (WSJ, 9/26/14)
- “The bipartisan ‘inversion’ evasion“ (WSJ, 9/25/14)
- “New rules will show, not halt tax deal” (WSJ, 9/24/14)
- “U.S. moves to curb tax inversions” (LAT, 9/23/14)
- “U.S. moves to deter firms from fleeing taxes” (WSJ, 9/23/14)
- “Obama sidesteps Congress with rules to curb corporate flight” (NYT, 9/23/14)
- “Europe groups fear being caught in US tax crackdown” (FT, 9/22/14)
- “A first blow against corporate tax avoidance” (FT, 9/17/14)
- “O.E.C.D. calls for coordinated fight against corporate tax avoidance” (NYT, 9/17/14)
- “Global tax overhaul gathers momentum” (WSJ, 9/17/14)
- “We’re number 32!” (WSJ, 9/15/14)
- “A rale of losses, layoffs, and inversion” (Barron’s, 9/15/14)
- “Munger defends Buffet deal” (WSJ, 9/11/14)
- “Inversion debate considers tax breaks” (WSJ, 9/10/14)
- “Lew says administration is near a decision on curbing corporate ex-patriots” (NYT, 9/9/14)
- “Lew urges Congress to curb inversions” (WSJ, 9/9/14)
- “Action urged on firms’ tax dodging” (LA Times, 9/9/14)
- “Lew warns of tax inversion threat” (FT, 9/9/14)
- “Rising tide of tax inversion offers tempting bet on M&A” (FT, 9/9/14)
- “Inversion delusion” (NYT, 9/9/14)
- “The US tax-switch deals poised to unlock $21 billion ‘trapped’ offshore” (FT, 9/8/14)
- “Payouts rising from tax inverters” (Barron’s, 9/8/14)
- RBS Legal and Regulatory Woes:
- “BBVA profits triple amid rising expectations” (FT, 10/29/14)
- Wyly Brothers $300 to $400 Million Disagreement Judgment for Offshore Fraudulent Scheme: [TOP TEN] “Texas entrepreneur Wyly ordered to pay sanctions for fraud” (WSJ, 9/26/14)
August 2014
- Barclays Legal and Regulatory Woes: “Barclays could face $2 billion more in litigation charges, analyst says” (NYT, 8/14/14)
- BOA/Countrywide Legal and Regulatory Woes:
- “Bankers brace for a brave new world” (FT, 8/23/14)
- [TOP TEN]“BofA accord ends a long legal drama” (WSJ, 8/22/14)
- “Banking in the time of cholera” (WSJ, 8/22/14)
- [TOP TEN]“Settling for $16 billion, bank knows it will pay much less” (NYT, 8/22/14)
- “BofA to pay $16.65 billion over soured home loans in mortgage meltdown” (LAT, 8/22/14)
- “BofA pays to exorcise crisis ghosts” (WSJ, 8/22/14)
- “Brian Moynihan’s challenge to life BofA’s revenue after $16.5 billion fine” (FT, 8/22/14)
- “Blurred lines in big bank mortgage settlements” (NYT, 8/22/14)
- “Bank of America to pay $16.5 billion in mortgage case” (FT, 8/22/14)
- [TOP TEN]“BofA sets record $17 billion settlement” (WSJ, 8/21/14)
- [TOP TEN]“$16.65 billion mortgage deal nears for Bank of America” (NYT, 8/21/14)
- “In a bank deal, don’t forget the bulldozers” (NYT, 8/17/14)
- “Heaven must wait for BofA’s stock” (WSJ, 8/8/14)
- [TOP TEN] “Bank of America Near $16 Billion to $17 Billion Settlement” (WSJ, 8/7/14)
- [TOP TEN] “Bank offers US biggest settlement in history” (NYT, 8/7/14)
- Deutsche Bank and UBS Legal & Regulatory Woes:
- “Deutsche Bank set for Jurgen Fitschen to face Kirch case charges” (FT, 8/13/14)
- “Deutsche bank gets slapped” (WSJ, 8/8/14)
- JPMorgan Legal and Regulatory Woes:
- “MF Global seeks permission to repay creditors” (WSJ, 8/27/14)
- “JP Morgan raises legal-cost estimate” (WSJ, 8/5/14)
- Offshore Tax Evasion (“Corporate Inversions”):
- [TOP TEN]“Warren Buffet’s tax whopper” (WSJ, 8/27/14)
- “Global web of financial connections in Burger King’s deal for Tim Hortons” (NYT, 8/27/14)
- “Burger King deal draws tax criticism” (WSJ, 8/27/14)
- “Warren Buffett defends Burger King’s tax deal” (FT, 8/27/4)
- “Buffett enters tax fray with Burger King investment” (WSJ, 8/26/14)
- “Tax-code ace leads Obama inversion effort” (WSJ, 8/22/14)
- “Tax burden not as heavy as it looks” (NYT, 8/19/14)
- “Democrats push plan to harness tax inversion” (WSJ, 8/14/14)
- “Medtronic’s tax lesson” (WSJ, 8/13/14)
- “A tax break that’s closer to home” (NYT, 8/10/14)
- “This tax dodge should be made illegal” (LAT, 8/7/14)
- “The tax dodge goes on” (NYT, 8/7/14)
- “Tax Trouble: Debate over companies moving abroad shows difficulties in overhauling corporate tax system” (NYT, 8/7/14)
- “Walgreen is said to consider inversion-free merger” (NYT, 8/6/14)
- [TOP TEN]“Behind the inversion surge: Skadden’s deal lawyers” (WSJ, 8/6/14)
- “A double punch for tax ‘inversion’ deals” (WSJ, 8/6/14)
- “Activist firms join tax-deal push” (WSJ, 8/4/14)
- StanChart $300 million Money Laundering Investigation and Settlement:
- “StanChart’s anti-money laundering settlement draws UAE ire” (FT, 8/22/14)
- “Standard Chartered faces clearing repairs” (WSJ, 8/21/14)
- “Caught backsliding, Standard Chartered is fined $300 million” (NYT, 8/20/14)
- “StanChart faces fresh $300m US settlement” (FT, 8/19/14)
- “Banks treated ‘like criminals’, says StanChart executive” (FT, 8/8/14)
- “Standard Chartered confirms New York inquiry” (NYT, 8/7/14)
July 2014
- Barclays Legal and Regulatory Woes:
- “New haste in mortgage settlement negotiations” (NYT, 7/31/14)
- “Jenkins’ Barclays vision starts to take shape” (FT, 7/31/14)
- “Issues cloud strong Barclays results” (WSJ, 7/31/14)
- “Barclays posts a profit, but inquiries loom” (NYT, 7/31/14)
- BOA/Countrywide Legal and Regulatory Woes:
- [TOP TEN]“BofA deal with US is hung up over penalties tied to Countrywide, Merrill” (WSJ, 7/29/14)
- [TOP TEN] “Legal bills slash BofA earnings” (FT, 7/17/14)
- “BofA Doesn’t foreclose on legal fears” (WSJ, 7/17/14)
- [TOP TEN] “BofA ups ante in Mortgage probe” (WSJ, 7/17/14)
- [TOP TEN] “Bank of America’s settlement negotiations hit a snag” (NYT, 7/17/14)
- Citigroup Legal and Regulatory Woes:
- “Citigroup’s settlement, pro and con” (NYT, 7/18/14)
- “Citi works though its pain” (WSJ, 7/15/14)
- “The Citigroup ATM” (WSJ, 7/15/14)
- “Citi settles mortgage securities inquiry for $7 billion” (NYT, 7/15/14)
- “Citi to pay $7 billion to settle loan probe” (WSJ, 7/15/14)
- “Investors shrug off $7bn Citi settlement” (FT, 7/15/14)
- [TOP TEN] “From Benghazi to the boardroom: the road to Citigroup settlements” (NYT, 7/14/14)
- [TOP TEN]“Behind Citi’s $7billion break” (WSJ, 7/14/14)
- “Citi may be near settlement” (LAT, 7/11/14)
- “Legal cloud dims Citi lights” (WSJ, 7/10/14)
- “Citi is said to be close to settling inquiry into mortgage securities” (NYT, 7/9/14)
- [TOP TEN]“Citigroup nears justice pact” (WSJ, 7/9/14)
- Credit Suisse Legal and Regulatory Woes:
- “Credit Suisse loses $779 million after settling tax evasion case” (NYT, 7/23/14)
- “Credit Suisse faces investor calls for more radical cuts” (FT, 7/23/14)
- “Credis Suisse quits commodities trading and trims investment bank” (FT, 7/23/14)
- “Legal costs crunch Credit Suisse” (WSJ, 7/23/14)
- “Credit Suisse says pension assets at risk unless court delays sentencing” (WSJ, 7/10/14)
- Currency Trading Manipulation Investigation (Forex):
- “Regulator wants monitors in Deutsche Bank, Barclays U.S. offices as part of probe” (WSJ, 7/30/14)
- “Banks hope settlements will come all at once” (WSJ, 7/24/14)
- “UK set to launch inquiry into forex” (FT, 7/21/14)
- “US offers immunity to forex traders” (FT, 7/14/14)
- “Dark Pools” Investigations (Credit Suisse, Deutsche Bank, UBS):
- [TOP TEN]“Banks hit by dark pools probe” (FT, 7/30/14)
- “UBS and Deutsche Bank disclose new inquiries over ‘dark pools’” (NYT, 7/30/14)
- “Strong earnings marred by probes” (WSJ, 7/30/14)
- Deutsche Bank and UBS Legal & Regulatory Woes:
- “UBS deal over rich clients collapses” (FT, 7/28/14)
- “Deutsche Bank suffers from litany of reporting problems” (WSJ, 7/24/14)
- “Pressure builds on Deutsche executive” (WSJ, 7/24/14)
- “Fed raps Deutsche Bank for shoddy reporting” (WSJ, 7/23/14)
- “Fed is said to criticize Deutsche Bank’s oversight and Reporting efforts” (NYT, 7/23/14)
- European Bank Legal Fears Legacy: “Europe bank stocks suffer from legal fears” (FT, 7/1/14)
- French Money Laundering Investigation of UBS: “French launch probe into money laundering” (WSJ, 7/24/14)
- High Frequency Trading: “Citi unit pays $5m to settle SEC charges” (FT, 7/26/14)
- Investigation of Forex: “A utility for foreign exchange trading” (FT, 7/18/14)
- Investigation of German Banks re Avoidance of Iran Sanctions: “Scrutiny for banks is shifting to Germany” (NYT, 7/8/14)
- Investigation of Penny Stock “Pump and Dump” Scheme: “Seven indicted on a charge of manipulating stock moves” (WSJ, 7/18/14)
- JPMorgan Legal and Regulatory Woes:
- “JP Morgan questioned on conflicts of interest” (WSJ, 7/28/14)
- “Dimon reassures investors on cancer as JPMorgan beats estimates” (FT, 7/16/14)
- “Ex-trader challenge to ‘whale’ findings” (FT, 7/7/14)
- “Dimon tells investors and staff of cancer diagnosis” (FT, 7/5/14)
- “Dimon tells staff he is fighting cancer” (WSJ, 7/2/14)
- “Dimon has throat cancer that he calls ‘curable’” (NYT, 7/2/14)
- Libor Manipulation $300 million Settlement (Lloyds Bank):
- “Lloyds and lessons from past scandals” (FT, 7/30/14)
- [TOP TEN]“Lloyds pays $370 million to settle rate probe” (WSJ, 7/29/14)
- “Lloyds Bank to pay over $380 million to resolve rate manipulation inquiries” (NYT, 7/29/14)
- “‘Reprehensible’ Lloyds under fire from Carney” (FT, 7/29/14)
- “Lloyds staff will find it harder to sneer at RBS rivals” (FT, 7/29/14)
- “Lloyds traders drove up bank rate to cut BoE fees” (FT, 7/29/14)
- “British bank Lloyds to pay $370 million to settle libor probes” (LAT, 7/29/14)
- “Lloyds nears deal to settle libor inquiry” (WSJ, 7/16/14)
- Moody’s Conflict of Interest Investigation: “Moody’s faces new conflict of interest claim” (FT, 7/31/14)
- Offshore Tax Evasion (“Corporate Inversions”):
- “Pfizer refuses to rule out tax inversion deals” (FT, 7/30/14)
- “Lew urges action to limit inversion” (LAT, 7/29/14)
- “Banks cash in on mergers intended to elude taxes” (NYT, 7/29/14)
- “Firms drawn to UK for tax deals” (WSJ, 7/29/14)
- “Hospira and Danone in talks on $5 billion inversion deal” (NYT, 7/28/14)
- “Corporate artful dodgers” (NYT, 7/28/14)
- “AbbVie’s plans hinge on Humira” (WSJ, 7/25/14)
- “Obama calls for an end to tax ‘inversions’” (WSJ, 7/25/14)
- “Luxembourg tax regime: under siege” (FT, 7/24/14)
- “Taxing of corporate inversions splits Congress” (WSJ, 7/23/14)
- “Hearing looks at ‘inversions’” (LAT, 7/23/14)
- “Tax inversions must be stopped now” (WSJ, 7/22/14)
- “Reform flawed US tax regime, says AbbVie as it seals £32 billion Shire deal” (FT, 7/19/14)
- “Shire chief bags ‘golden hello’ to stay after AbbVie takeover” (FT, 7/19/14)
- “US tax risks loomed over deal talks” (FT, 1/19/14)
- “AbbVie clinches takeover of Shire” (WSJ, 7/19/14)
- “Taxpayers get incentives to report” (WSJ, 7/19/14)
- “AbbVie-Shire deal puts more pressure on Congress to overhaul tax code” (LAT, 7/19/14)
- “Ignoring the facts on corporate inversions” (WSJ, 7/18/14)
- “Inverted thinking on corporate taxes” (WSJ, 7/17/14)
- “Corporate lawyers pooh-pooh move by Treasury secretary” (LA Daily Journal, 7/17/14)
- “Despite noise on tax inversion, deal is unlikely” (FT, 7/17/14)
- “Lew targets corporate tax dodge” (LAT, 7/17/14)
- “Obama urges action to limit ‘inversions’” (WSJ, 7/16/14)
- “Walgreen may leave US shores as part of plan for a UK chain” (WSJ, 7/16/14)
- “Abb Vie opens wallet to move shire” (WSJ, 7/15/14)
- “Race to cut taxes fuels urge to merge” (WSJ, 7/15/14)
- “Salix Pharmaceuticals to buy Irish company and reincorporate overseas” (NYT, 7/10/14)
- “In deal to cut corporate taxes, shareholders pay the price” (NYT, 7/9/14)
- “Swiss bank threat to freeze US accounts” (FT, 7/8/14)
- “Renouncing corporate citizenship” (NYT, 7/1/14)
June 2014
- Barclays Legal and Regulatory Woes: “Barclays M&A chairman resigns” (WSJ, 6/7/14)
- BOA/Countrywide Legal and Regulatory Woes:
- “Block, tackle, repeat” [Profile of Brian Moynihan] (Barron’s, 6/30/14)
- “BofA, US tangle in court” (WSJ, 6/12/14)
- [TOP TEN] “A mortgage settlement is said to be deadlocked” (NYT, 6/11/14)
- [TOP TEN]“BofA in talks to pay at least $12 billion to settle probe” (WSJ, 6/6/14)
- “BofA settles with insulted homeowner” (LAT, 6/6/14)
- China Commodities Fraud Scheme against US Banks: “Banks fear collateral is missing in China” (NYT, 6/12/14)
- Citigroup Legal and Regulatory Woes:
- “Potential PACs worry mortgage investors” (WSJ, 6/25/14)
- “Citi CEO faces its biggest test” (WSJ, 6/21/14)
- “A light shines on bank misconduct” (FT, 6/20/14)
- [TOP TEN] “Investors urge Citi to fight DoJ” (FT, 6/18/14)
- “Citigroup foreign-exchange banker quits” (WSJ, 6/18/14)
- [TOP TEN] “US threatens suit over Citi mortgages” (WSJ, 6/15/14)
- “Citigroup board turns to law firm” (WSJ, 6/6/14)
- Currency Trading Manipulation Investigation (Forex):
- “UK to outline tougher measures” (WSJ, 6/12/14)
- “Deutsche Bank fears financial impact from forex probe” (FT, 6/6/14)
- “Deutsche Bank warns investors on currency investigation” (NYT, 6/6/14)
- Deutsche Bank and UBS Legal & Regulatory Woes:
- “Deutsche warned on commodity trading” (FT, 6/20/14)
- “FCA seeks to fine former Deutsche trader” (FT, 6/7/14)
- European Investigation of US Corporate tax avoidance schemes:
- “US Firms probed on taxes” (WSJ, 6/12/14)
- “Tax deals are target of inquiry in Europe” (NYT, 6/12/14)
- High Frequency Trading:
- “Flash Boys’ new traces” (Barron’s, 6/30/14)
- “Peterffy’s smart plan for flash trading” (Barron’s, 6/21/14)
- “US senators step up scrutiny of high frequency trading” (FT, 6/18/14)
- JPMorgan Legal and Regulatory Woes:“JPMorgan’s decade of Dimon” (WSJ, 6/30/14)
- Offshore Tax Evasion (“Corporate Inversions”):
- “Offshore disclosure comes with hazards” (WSJ, 6/28/14)
- “Inversion frenzy rocks drug sector” (WSJ, 6/21/14)
- “Offshore Accounts: What to do now” (WSJ, 6/21/14)
- “The scramble for the lowest business taxes” (LAT, 6/16/14)
- “The true cost of hidden money” (NYT, 6/16/14)
- “US tech and pharma park cash offshore” (FT, 6/13/14)
- “EU to probe Apple’s breaks on taxes” (LAT, 6/12/14)
- “The IRS’s big penalty kick” (WSJ, 6/7/14)
- “The islands treasured by offshore tax avoiders” (NYT, 6/6/14)
May 2014
- Barclays Legal and Regulatory Woes:
- “Gold fix put on the spot after Barclays fine” (FT, 5/25/14)
- “Barclays fined $26m for trader’s gold rigging” (FT, 5/24/14)
- “Regulator fines Barclays over the pricing of gold” (NYT, 5/24/14)
- “Barclays is fined in gold-fix probe” (WSJ, 5/24/14)
- “Barclays’ US lobbying failed to win rule changes to aid investment arm” (FT, 5/12/14)
- “UK fraud office steps up probe into Barclays’ dealings with Qatar” (FT, 5/12/14)
- “Make way BarCap – for Lehman” (FT, 5/9/14)
- “Barclays cuts 7,000 jobs in investment banking retreat” (FT, 5/9/14)
- “After Barclays, striving to revive his reputation in Africa” (NYT, 5/9/14)
- “Dismantling a global empire” (NYT, 5/9/14)
- “Chief Barclays’ powerhouse ambitions” (FT, 5/9/14)
- “Barclays dashes its global dreams” (WSJ, 5/9/14)
- “Barclays loses fourth top banker” (FT, 5/4/14)
- “Barclays comes full circle to confront its old demons” (FT, 5/4/14)
- “Exodus of former Lehman executives from Barclays continues” (WSJ, 5/3/14)
- “More senior executives expected to leave Barclays” (NYT, 5/3/14)
- BOA/Countrywide Legal and Regulatory Woes:
- “BofA returns to return well” (WSJ, 5/28/14)
- “Bank of America resubmits smaller capital plan” (WSJ, 5/28/14)
- “A devil in the detail confirmed BofA error” (WSJ, 5/27/14)
- “BofA’s Capital Hill grows steeper” (WSJ, 5/19/14)
- “BofA’s Moynihan calls error disappointing” (WSJ, 5/8/14)
- “Bank shareholders press officials after $4 billion error” (NYT, 5/8/14)
- “Ever more complex finance parts ways with economic reality” (FT, 5/4/14)
- “BofA and Citi look to reassure big shareholders” (FT, 5/2/14)
- Chinese Bribery Case (GSK): “GSK salesmen want ‘bribes’ reimbursed” (FT, 5/29/14)
- Citigroup Legal and Regulatory Woes:
- “Citi chief cites inaction on Banamex” (WSJ, 5/30/14)
- “Border woes go deeper at Citigroup” (WSJ, 5/19/14)
- “Citi fires 11 staff in Mexico unit” (FT, 5/15/14)
- “Citi fires 11 in Mexico fraud” (NYT, 5/15/14)
- “Citi scandal in Mexico widens as bank fires 11” (WSJ, 5/15/14)
- China Bribery Investigation:
- “China gives notice the rules of engagement have changed” (FT, 5/16/14)
- “China ups bribery claims heat on GSK” (FT, 5/15/14)
- “Former head of Glaxo in China is accused of bribery” (NYT, 5/15/14)
- “Beijing warns sternly on Glaxo“ (WSJ, 5/15/14)
- Credit Suisse Legal and Regulatory Woes:“Credit Suisse chief urged to quit as tax spat nears end” (FT, 5/12/14)
- Currency Trading Manipulation Investigation (Forex):
- “Commerzbank suspends two foreign-exchange traders” (WSJ, 5/22/14)
- “Berlin sees evidence of forex rigging” (FT, 5/21/14)
- “German regulator widens currency-trading probe” (WSJ, 5/21/14)
- Deutsche Bank Legal & Regulatory Woes:
- “Trust us, Deutsche Boss tells investors” (WSJ, 5/23/14)
- “Deutsche’s gamble” (FT, 5/21/14)
- “More money doesn’t solve all of Deutsche Bank’s problems” (WSJ, 5/20/14)
- “Deutsche Bank reaffirms Global ambitions” (WSJ, 5/20/14)
- “Deutsche Bank vows to focus on clients in a new culture of ethics” (NYT, 5/20/14)
- “Deutsche sets plan to raise $11 billion” (WSJ, 5/19/14)
- “Deutsche Bank to raise $11 billion to reduce risk” (NYT, 5/19/14)
- FINRA Anti-Money Laundering Investigation (Credit Suisse): “Finra probes trading tied to Swiss bank” (WSJ, 5/22/14)
- JP Morgan Legal and Regulatory Woes:
- “Former Chief of China Unit of JPMorgan is arrested” (NYT, 5/22/14)
- “Antigraft agency targeted former banker” (WSJ, 5/22/14)
- “Hong Kong probes former JPMorgan China banker” (FT, 5/22/14)
- “JP Morgan’s Dimon looks to stay put” (WSJ, 5/20/14)
- “JP Morgan shivers, Wall Street gets a cold” (WSJ, 5/6/14)
- “Trading falls at JP Morgan” (WSJ, 5/3/14)
- Libor Manipulation:
- “UK firm fined over rate rigging” (WSJ, 5/16/14)
- “RP Martin fined for role in attempt to rig Libor rate” (FT, 5/16/14)
- Offshore Tax Evasion:“A deal to dodge the tax man in America” (NYT, 5/13/14)
- UBS Legal and Regulatory Woes:
- “Ex-UBS trader banned for failings tied to Adoboli case” (WSJ, 5/2/14)
- “Trader barred” (NYT, 5/2/14)
April 2014
- Barclays Legal and Regulatory Woes:
- “Top officer of Barclays in America is leaving” (NYT, 4/30/14)
- “Barclay’s top US executives quits” (WSJ, 4/30/14)
- “Strategic exit for Barclays” (WSJ, 4/22/14)
- “Barclays said to join commodity exodus” (NYT, 4/22/14)
- “Barclays to pull out of commodity trading” (FT, 4/21/14)
- BOA/Countrywide Legal and Regulatory Woes:
- “Error by BofA scuttles buyback” (WSJ, 4/29/14)
- “Capital offense carries high cost for BofA” (WSJ, 4/28/14)
- “Bank finds a mistake: $4 billion less capital” (NYT, 4/28/14)
- “Bank of America: More Red Faces” (FT, 4/28/14)
- “Fat Lady won’t sing at BofA” (WSJ, 4/26/14)
- “Mortgage-related legal costs sock BofA with $276 million loss” (LAT, 4/17/14)
- “BofA hit by $6 bn legal charge” (FT, 4/17/14)
- “Bank of America, weighed by legal cost post loss” (NYT, 4/17/14)
- “BofA’s earning cup springs a leak” (WSJ, 4/17/14)
- [TOP TEN] “BofA takes hit on legal tangles” (WSJ, 4/17/14)
- Citigroup Legal and Regulatory Woes:
- “Citigroup to talk settlement” (WSJ, 4/26/14)
- “Citi beats estimates as costs of Mexico scandal mount” (FT, 4/19/14)
- “Citi received mixed signals on stretch test” (WSJ, 4/17/14)
- “Citi profits exceed forecast” (NYT, 4/15/14)
- “Citi hit by sudden Mexico fraud” (FT, 4/15/14)
- “Citigroup finally gets a boot on the ball” (WSJ, 4/15/14)
- “Citigroup’s Corbat ‘We are wide awake’” (WSJ, 4/15/14)
- “Citi is facing new inquiry in California” (WSJ, 4/11/14)
- “FX market and why it matters” (FT, 4/7/14)
- “Citi’s target treadmill speeds up” (WSJ, 4/8/14)
- “Citi is bracing to miss a profit goal” (WSJ, 4/8/14)
- “Citi likely to miss key return on equity target” (FT, 4/4/14)
- “Seeking help, Citi halts a retirement” (WSJ, 4/4/14)
- [TOP TEN] “Crime inquiry said to open on Citigroup” (NYT, 4/3/14)
- Credit Suisse Legal and Regulatory Woes:
- “Credit Suisse net takes 34% plunge” (WSJ, 4/17/14)
- Currency Trading Manipulation Investigation (Forex):
- “DoJ raises stakes in forex probe” (FT, 4/26/14)
- “Singapore’s central bank drawn into forex scandal” (FT, 4/11/14)
- “Forex chiefs fight tighter rules” (FT, 4/10/14)
- “Singapore twist in currency case” (WSJ, 4/10/14)
- “Automation gets fillip from rigging allegations” (FT, 4/7/14)
- “Swiss step up currency inquiry” (WSJ, 4/1/14)
- JP Morgan Legal and Regulatory Woes:
- “JPMorgan profits knocked by weak fixed-income trading” (FT, 4/12/14)
- “JP Morgan is tilling fallow trading fields” (WSJ, 4/12/14)
- “As trading hurts bank, auto loans aid another” (NYT, 4/12/14)
- “Dimon relates year of pain” (WSJ, 4/10/14)
- “Masters’ withdraws from line of fire” (FT, 4/5/14)
- “The female face of the crisis quits the spotlight” (FT, 4/4/14)
- “JP Morgan commodity chief exits” (WSJ, 4/3/14)
- “Pioneer masters leaves JPMorgan” (FT, 4/3/14)
- “Commodity init Chief is leaving JPMorgan” (NYT, 4/3/14)
- Investigation and Settlement of Cases Against BofA CEO Kenneth Lewis: [TOP TEN] “A pivotal financial crisis case, ending with a whimper” (NYT, 4/3/14)
- Libor Manipulation:“Barclays settles second Libor miss-selling case” (FT, 4/12/14)
- MF Global Trustee Payouts to Customers:
- “Former customers to get final payments soon” (WSJ, 4/4/14)
- “MF Global Customers to be paid back in full” (NYT, 4/14/14)
- Whistleblowers:“Whistleblowers sought to catch the next Madoff” (FT, 4/7/14)
March 2014
- Australian Investigation into Currency Trading Manipulation (Forex): “Australia opens price-fixing probe into forex market” (FT, 3/20/14)
- Barclays Legal and Regulatory Woes: “Barclays chief needs to consider radical bank break-up” (FT, 3/18/14)
- Citigroup Legal and Regulatory Woes:
- “Citi stress test hit by audit lapses” (FT, 3/29/14)
- “Stress-test rejection means Citi investors face a wait for cash” (WSJ, 3/29/14)
- [TOP TEN]“Failing stress test is another stumble for Citigroup” (NYT, 3/28/14)
- “‘Stress test’ failure sparked scramble at Citigroup” (WSJ, 3/28/14)
- “Fed rejects Citigroup dividend, buyback plans after stress test” (LAT, 3/27/14)
- “Fed kills Citi plan to pay investors” (WSJ, 3/27/14)
- “Fed rejects Citigroup’s payout plans, citing concerns over capital” (NYT, 3/27/14)
- Currency Trading Manipulation Investigation (Forex):
- “UBS censured by IIKMA over Hibor rate” (FT, 3/15/14)
- “Forex fix drew Fed scrutiny, no action” (WSJ, 3/13/14)
- “England’s Central Bank vows tighter oversight” (WSJ, 3/12/14)
- “Bank of England governor pledges more integrity after currency inquiry” (NYT, 3/12/14)
- [TOP TEN]“Forex probe set to dwarf libor cases” (FT, 3/10/14)
- [TOP TEN]“Banks’ €10 billion legal albatross” (FT, 3/10/14)
- “Forex scandal hits Bank of England” (FT, 3/8/14)
- “Bank of England suspends worker as currency inquiry expands” (NYT, 3/7/14)
- “Forex probe hits Bank of England” (WSJ, 3/7/14)
- “BNP Paribas, BofA latest to suspend currency traders” (WSJ, 3/7/14)
- “Bank of England suspends staff member amid Forex investigation” (FT, 3/6/14)
- “Forex trading speeds up moves to computer platform” (FT, 3/4/14)
- “Forex investigations push trading online” (FT, 3/4/14)
- DOJ Civil Trial of BofA/Countrywide Mortgages: [TOP TEN] “Larger penalty is sought in ‘Hustle’ case” (WSJ, 3/14/14)
- JP Morgan Legal and Regulatory Woes:
- “Game of Thrones at JP Morgan” (WSJ, 3/26/14)
- “JPMorgan China head quits amid hiring probe” (FT, 3/26/14)
- “Under scrutiny, top JPMorgan executive in China to leave” (NYT, 3/25/14)
- “JP Morgan shuffles leadership in China after executive leaves” (WSJ, 3/25/14)
- “Top JP Morgan executive in China to leave bank” (WSJ, 3/24/14)
- “Manager of ‘whale’ banker fights UK watchdog findings” (FT, 3/21/14)
- Lehman Bankruptcy: “Lehman is boon to creditors” (WSJ, 3/28/14)
- Manipulation of British Government Bonds (Credit Suisse Trade): “Trader in UK fined for bond ploy” (WSJ, 3/21/14)
February 2014
- Barclays Legal Woes:
- “Investment banking bedevils Barclays” (WSJ, 2/12/14)
- “U.K.’s Barclays is failing the test of trust” (WSJ, 2/11/14)
- “Barclays push to regain trust suffers bow after blow” (FT, 2/11/14)
- Currency Trading Manipulation Investigation (Forex):
- “Banks review rules on forex traders betting own money” (FT, 2/18/14)
- “Bank of England to investigate foreign exchange manipulation claims” (NYT, 2/12/14)
- “Currencies probe is set to refocus” (WSJ, 2/10/14)
- “Bank of England faces forex probe scrutiny” (FT, 2/8/14)
- “Top ranks roiled by Forex’s tumult” (WSJ, 2/6/14)
- “Regulator compares currency investigation to Libor case” (NYT, 2/5/14)
- “Scale of forex fix probe to rival Libor” (FT, 2/5/14)
- “Currency probe reaches to Julius Baer” (WSJ, 2/4/14)
- DOJ Investigation of BNP Paribas for Iran/Cuba sanctions Violations: “French Bank is Suspected of violating blacklistings” (NYT, 2/14/14)
- European Bank Bailout Plan:
- “Eurozone’s new super-regulator prepares to be unpopular” (FT, 2/10/14)
- “Let weak banks die, says eurozone super-regulator” (FT, 2/10/14)
- Investigation of Hiring Practices in China:
- “UBS suspends 2 bankers in inquiry into hiring practices in China” (NYT, 2/12/14)
- “UBS suspends two bankers over hiring investigation” (FT, 2/11/14)
- “UBS suspends two in China hiring probe” (WSJ, 2/11/14)
- “Chinese official made job plea to JPMorgan Chase chief” (NYT, 2/10/14)
- JP Morgan Legal Woes:
- “JP Morgan dims its light on 2014” (WSJ, 2/26/14)
- [TOP TEN]“The people versus Wall Street banks” (FT, 2/12/14)
- [TOP TEN]“Lawsuit challenges government’s deal with JPMorgan Chase” (NYT, 2/11/14)
- “Legality of JPMorgan’s $13 bn DoJ deal tested” (FT, 2/11/14)
- “Public interest group sues Justice Department over settlement with JPMorgan” (LAT, 2/11/14)
- Offshore Tax Evasion:“Russians return to Cyprus, a favorite tax haven” (NYT, 2/21/14)
- Royal Bank of Scotland Legal Woes:
- “Failure comes all to naturally for RBS” (WSJ, 2/28/14)
- “Losses spur cuts at RBS” (WSJ, 2/28/14)
January 2014
- Canada Libor Manipulation Investigation: “Canada end 3-year inquiry into Libor” (NYT, 1/4/14)
- Currency Trading Manipulation Investigation (Forex):
- “RBS to slim forex benchmarks” (FT, 1/29/14)
- “RBS curtails use of forex benchmarks as probes widen” (WSJ, 1/29/14)
- “Investors shun currency benchmark amid inquiry” (WSJ, 1/24/14)
- “More in forex are suspended” (WSJ, 1/18/14)
- “Citigroup, Deutsche Bank feel ripples as forex probe widens” (WSJ, 1/16/14)
- “Deutsche Bank suspends traders amid foreign exchange investigations” (NYT, 1/16/14)
- “Traders caught in widening forex probe” (FT, 1/16/14)
- Deutsche Bank Legal Woes:
- “Deutsche Bank’s blues look set to deepen” (WSJ, 1/21/14)
- “Deutsche results cast shadow over rivals” (FT, 1/21/14)
- “Deutsche loss underlines European economy’s dependence on banks” (NYT, 1/21/14)
- “Deutsche Bank losses spook investors” (FT, 1/12/14)
- “Deutsche loss is dark cloud” (WSJ, 1/21/14)
- Federal Investigation of MBS Mispricing (2009-2011): [TOP TEN]“Federal probe targets banks over bonds” (WSJ, 1/8/14)
- International Banking Fraud Investigation (Kazakhstan BTA Bank): “Billions vanish in banking scandal” (WSJ, 1/2/14)
- JP Morgan Legal Woes:
- “Pay increase raises stakes at JPMorgan” (WSJ, 1/28/14)
- ‘Teeing up a happier new year at JPMorgan” (WSJ, 1/24/14)
- “JPMorgan is said to drop out of another offering in China” (NYT, 1/22/14)
- “JPMorgan bows out of IPO amid Asian hiring probe” (FT, 1/22/14)
- “JPMorgan exits from China IPOs” (WSJ, 1/22/14)
- “The regulatory cost of being JPMorgan” (FT, 1/12/14)
- “Rubbing tax salt in JP Morgan’s wound” (WSJ, 1/9/14)
- “JP Morgan’s splitting headache” (WSJ, 1/8/14)
- Libor Manipulation:
- Wall Street Banks’ Legal Exposure (MBS Cases): [TOP TEN]“Wall Street predicts $50 billion bill to settle US mortgage suits” (NYT, 1/10/14)
December 2013
- BofA / Countrywide Legal Woes: [TOP TEN] “Mortgage costs piling up for BofA” (LAT, 12/27/13)
- Corporate Tax Avoidance: “Ireland plan limits tax bill for Facebook” (FT, 12/6/13)
- Currency Trading Manipulation Investigation (Forex): “Forex probe uncovers collusion attempts” (WSJ, 12/20/13)
- European Bank Bailout Plan: “EU Ministers agree on bank-bailout system” (WSJ, 12/19/13)
- Investigation of Possible Manipulation of Gold & Silver Prices (Deutsche Bank): “Gold price probe widened to D Bank” (FT, 12/13/13)
- JP Morgan Legal Woes:
- “On defensive bank hired China’s elite” (NYT, 12/30/13)
- “The message for banks and utilities” no one trusts you. Now deal with it.” (FT, 12/9/13)
- “Bank emails note hire’s family tie” (WSJ, 12/9/13)
- “Punished for its spouses prior sins” (WSJ, 12/6/13)
- Libor Manipulation $2.32 Billion Settlement:
- “Europe sets big fines in settling Libor case” (NYT, 12/5/13)
- [TOP TEN]“EU fines financial institutions over fixing key benchmarks” (WSJ, 12/5/13)
- “RBS trader drops Libor dismissal case” (FT, 12/5/13)
- [TOP TEN]“Banks’ rate-fixing fines merit more investor concern” (FT, 12/5/13)
- [TOP TEN]“Euribor fines reveal vital pieces to scandal’s puzzle” (FT, 12/5/13)
- “EU fines six groups including Deutsche and SocGen for rate-fixing” (FT, 12/5/13)
- Libor Manipulation:
- “Global regulators turn to UK over Libor” (FT, 12/31/13)
- “Bloomberg sets chat controls” (FT, 12/18/13)
- Lying to Fraud Regulators: “Financial watchdog bans trader for lying during probe” (FT, 12/18/13)
- Overseas Tax Evasion:“Swiss banks agree to US plan on tax evasion” (WSJ, 12/11/13)
- RBS Fined $100 million for Illegal Iran Money Laundering:
- “RBS to pay penalty over US sanctions” (WSJ, 12/12/13)
- “Royal Bank of Scotland in $100 million settlement” (NYT, 12/12/13)
- “Too Big to Fail” Banks Regulation: “Lacker: Bankruptcy changes needed” (WSJ, 12/4/13)
- Year-End 2013 Overview: “The worst, the best, and some odd couples” (NYT, 12/31/13)
November 2013
- Chat Rooms and Investigation of Banks’ Rate Manipulation: “Big banks may block traders from chat rooms” (WSJ, 11/11/13)
- Corporate Tax Avoidance: “Hybrid tax schemes face day of reckoning” (FT, 11/26/13)
- Credit Suisse $6 million Loss from Unusual Trades: “‘Unusual’ trades spur firing” (WSJ, 11/1/13)
- Currency Trading Manipulation Investigation (Forex):
- “Bankers, officials weigh Forex benchmark fixes” (WSJ, 11/30/13)
- “UBS to restructure foreign-exchange unit” (WSJ, 11/29/13)
- “Banks ban traders from group chat rooms” (FT, 11/23/13)
- “Banks fix on sales in probes” (WSJ, 11/20/13)
- “Forex probe turns personal” (FT, 11/19/13)
- “US investigates currenty trades by major banks” (NYT, 11/15/13)
- [TOP TEN]“Foreign exchange: the big fix” (FT, 11/13/13)
- “Biggest banks face forex questions” (FT, 11/13/13)
- “Inquiry disclosure Forex” (NYT, 11/8/13)
- “The forex market’s design is an invitation to crime” (FT, 11/7/13)
- “Barclays traders thinned by probe” (WSJ, 11/6/13)
- “Currency traders suspended in probe” (WSJ, 11/3/13)
- “Forex probe widens to three continents” (FT, 11/3/13)
- “Traders are put on leave amid a currency inquiry” (NYT, 11/2/13)
- Euribor Manipulation Investigation:
- “Credit Agricole rejects settling with Brussels over rate-rigging claim” (FT, 11/8/13)
- “Credit agriole is firm against settlement” (WSJ, 11/8/13)
- Fannie Mae Libor Manipulation Lawsuit:
- “Fannie sues banks on Libor” (WSJ, 11/1/13)
- “Fannie Mae sues 9 banks over Libor” (NYT, 11/1/13)
- FHFA Settlement with Wells Fargo re Mortgages: “Wells Fargo in deal over home loan mis-selling” (FT,11/1/13)
- JP Morgan Legal Woes:
- “JPMorgan’s woes drive first dip in US bank income in four years” (FT, 11/27/13)
- “Clearing the fog around JP Morgan” (WSJ, 11/26/13)
- “Politicians cloud outlook for MBS market” (FT, 11/26/13)
- [TOP TEN]“JP Morgan lawyer criticizes big bank fines” (WSJ, 11/25/13)
- “JPMorgan agrees to $13bn settlement over mortgage securities” (FT, 11/23/13)
- “Fine dining for Dimon at the Palace raises concerns commercialization” (FT, 11/23/13)
- [TOP TEN]“Word games aren’t for play at JP Morgan” (WSJ, 11/21/13)
- “Cost aside, JPMorgan may have a good deal” (NYT, 11/21/13)
- “JP Morgan pays” (NYT, 11/21/13)
- [TOP TEN] “JPMorgan is haunted by decision on loans” (WSJ, 11/20/13)
- “JPMorgan to pay $13 billion after mis-selling mortgage securities” (FT, 11/20/13)
- [TOP TEN] “In Extracting deal from JPMorgan, US aimed for bottom line” (NYT, 11/20/13)
- [TOP TEN] “JPMorgan reveals how it formed mortgages” (NYT, 11/20/13)
- [TOP TEN] “JP Morgan US Reach settlement” (WSJ, 11/19/13)
- “$13-billion JPMorgan pact nears” (LAT, 11/19/13)
- “JPMorgan agrees to shoulder total bill for WaMu mis-selling” (FT, 11/19/13)
- “JPMorgan settlement nearly ready” (NYT, 11/19/13)
- “Bank’s fruitful ties to a member of China’s elite” (NYT, 11/14/13)
- “Plugged into the party” (FT, 11/8/13)
- “JP Morgan talks with Justice Department gain momentum” (WSJ, 11/5/13)
- “US widens investigation into JP Morgan Chase’s hiring practices in Asia” (NYT, 11/2/13)
- “JPMorgan discloses US probes” (LAT, 11/2/13)
- “The madness of the $13 billion JPMorgan settlement” (FT, 11/1/13)
- Large Banks’ Legal Woes: “More banks get SEC inquiries” (WSJ, 11/27/13)
- Libor Manipulation:
- “Trader in line for $2.2m payout over Libor firing” (FT, 11/29/13)
- “UBS to avoid fine in EU Libor probe” (WSJ, 11/22/13)
- “Big EU fines loom on rate rigging” (WSJ, 11/6/13)
- “Why market rigging deserves our attention” (WSJ, 11/5/13)
- “After fraud, the fog around Libor hasn’t lifted” (NYT, 11/1/13)
- MF Global $1.6 Billion Missing Customer Funds:
- “Judge orders restitution to clients of $1.2 billion” (NYT, 11/19/13)
- “CME Group to speed MF Globabl repayment” (WSJ, 11/7/13)
- “MF Global to pay back 100% of money owed to commodity clients” (WSJ, 11/6/13)
- “MF Global customers will collect all they lost” (NYT, 11/6/13)
- Overseas Tax Evasion: “Targeting offshore accounts” (WSJ, 11/16/13)
- UBS Toxic MBS Assets:
- “UBS to repurchase StabFund for $3.762 billion” (WSJ, 11/9/13)
- “UBS to buy back toxic asset fund for $3.76bn” (FT, 11/9/13)
October 2013
- BofA Legal Costs From Financial Crisis Cases: “BofA raises estimate of legal costs” (LAT, 10/31/13)
- CFTC MF Global-Related Rules: “Regulator approves tighter commodity trading rules” (NYT, 10/31/13)
- Currency Trading Manipulation Investigation (Forex):
- “Barclays opens internal probe as global currency scandal widens” (FT, 10/31/13)
- [TOP TEN]“Day of reckoning as banks’ bill for misconduct mounts” (FT, 10/30/13)
- “Currency-trading probe gains momentum” (WSJ, 10/30/13)
- “Swiss investigate currency market” (WSJ, 10/5/13)
- “Forex inquiry eyes former RBS trader” (WSJ, 10/15/13)
- DOJ MBS Settlement Team and Nine Banks: [TOP TEN] “JPMorgan deal spurs banks to join ‘largest settlement in US history‘” (FT, 10/26/13)
- Goldman and China Bribes Probe: “Goldman link to China bribes probe” (FT, 10/9/13)
- Goldman Conflict of Issues and the New York Fed:
- [TOP TEN] “Suit revives Goldman conflict issue” (NYT, 10/11/13)
- “New York Fed is sued by ex-staffer” (WSJ, 10/11/13)
- JP Morgan Legal Woes:
- “JP Morgan legal woes extend into oil patch” (WSJ, 10/30/13)
- [TOP TEN] “The paper tiger roars” (FT, 10/26/13)
- “Troubles for JP Morgan in its efforts to settle” (WSJ, 10/30/13)
- “Little orphan Fannie” (WSJ, 10/28/13)
- [TOP TEN]“JP Morgan settlement puts government in tight spot” (WSJ, 10/28/13)
- “JP Morgan’s mortgage troubles ran deep” (WSJ, 10/28/13)
- “JP Morgan settles with Fannie, Freddie” (WSJ, 10/26/13)
- “JPMorgan settles with regulator of Fannie, Freddie” (LAT, 10/26/13)
- “JP Morgan’s mugging by the Feds is a bad precedent” (WSJ, 10/25/13)
- [TOP TEN] “JP Morgan faces additional payouts” (WSJ, 10/23/13)
- “King of the street loses his crown” (FT, 10/22/13)
- “JP Morgan aimed to limit damage” (WSJ, 10/22/13)
- [TOP TEN]“Considering the fairness of JPMorgan’s deal” (NYT, 10/22/13)
- “Opinion divided on JPMorgan settlement” (FT, 10/21/13)
- “Mortgage watchdog seeks $6 bn from BofA” (FT, 10/21/13)
- “Looking past JP Morgan’s pain” (WSJ, 10/21/13)
- “JP Morgan deal doesn’t satisfy” (WSJ, 10/21/13)
- “Sending a bad message to big banks” (WSJ, 10/21/13)
- “The Morgan shakedown” (WSJ, 10/21/13)
- [TOP TEN]“Record settlement on table, but JP Morgan faces fight” (WSJ, 10/21/13)
- “Despite legal tempests, Dimon appears solid as ever atop JPMorgan” (NYT, 10/21/13)
- “Tentative deal hands JPMorgan record penalty” (NYT, 10/20/13)
- “JP Morgan, Housing regulator reach $4 billion deal” (WSJ, 10/19/13)
- “Regulator suggested shift for Dimon at JP Morgan” (WSJ, 10/17/13)
- “A regulator cuts its new teeth on JPMorgan in ‘whale’ case” (NYT, 10/17/13)
- “CFTC split on settlement with JPMorgan over London whale” (FT, 10/17/13)
- “JPMorgan expected to admit fault in ‘London Whale’ trading loss” (NYT, 10/16/13)
- “Jamie Dimon, meet Rick Scott” (WSJ, 10/16/13
- [TOP TEN]“The bloodlust of pundits swirls around Jamie Dimon” (NYT, 10/15/13)
- “JP Morgan’s lawyer losses” (WSJ, 10/14/13)
- “JPMorgan’s legal burden sends shivers through the industry” (FT, 10/14/13)
- [TOP TEN]“Buffer for legal tab batters JP Morgan” (WSJ, 10/12/13)
- “JP Morgan lets investors judge” (WSJ, 10/12/13)
- “JPMorgan falls to first loss under Dimon” (FT, 10/12/13)
- “JPMorgan: resilient Dimon” (FT, 10/12/13)
- [TOP TEN]“JPMorgan’s loss is corporate law firms’ gain” (NYT, 10/12/13)
- “JP Morgan posts first loss under Dimon” (LAT, 10/12/13)
- “Tell me again why Jamie Dimon is still chairman of JP Morgan” (LAT, 10/12/13)
- “JP Morgan, US Far Apart” (WSJ, 10/11/13)
- “Bank settlements raise concerns” (WSJ, 10/8/13)
- “JP Morgan to cull business clients” (WSJ, 10/9/13)
- “Has Dimon become an argument for breaking up the banks?” (FT, 10/7/13)
- “Bright spots for JPMorgan Chase” (FT, 10/7/13)
- “The regulatory attack on JP Morgan feels familiar” (WSJ, 10/3/13)
- “Dimon stays upbeat in firm’s dark days” (WSJ, 10/2/13)
- “JP Morgan Chase, feeling picked on, finds solace in its bottom line” (NYT, 10/1/13)
- Large Banks’ Legal Woes:“Weak trading, mortgage slump, legal costs to cut results at banks” (WSJ, 10/2/13)
- Libor Manipulation $1.07 Billion Settlement (Rabobank):
- [TOP TEN]“CEO steps down amid rate probe” (WSJ, 10/30/13)
- “Dutch Bank settles case over Libor deceptions” (NYT, 10/30/13)
- “Rabobank agrees to pay $1bn Libor fine” (FT, 10/30/13)
- “Rabobank nears settlement over Libor as woes go on” (FT, 10/26/13)
- “Rabobank faces $1 billion fine over Libor” (FT, 10/23/13)
- Litigation Costs of Financial Crisis Era Cases: “Bank regulators scent blood” (FT, 10/30/13)
- MF Global $1.6 Billion Missing Customer Funds:“MF Global repayments near” (WSJ, 10/3/13)
- Overseas Tax Evasion:
- “Ireland’s government says it will curb a tax strategy that faced US scrutiny” (NYT, 10/16/13)
- “Ireland pledges to close Apple tax loophole” (FT, 10/16/13)
- RBS Fined $100 million for Illegal Iran Money Laundering:
- “RBS to pay penalty over US sanctions” (WSJ, 12/12/13)
- “Royal Bank of Scotland in $100 million settlement” (NYT, 12/12/13)
- SEC Insider Trading $5 million Settlement (Terpin Brothers):
- “2 settle SEC claims over Heinz deal” (WSJ, 10/11/13)
- “Two Brazilian Brothers to pay nearly $5 million in insider trading case” (NYT, 10/11/13)
- Total Bank Legal Costs ($66 bn) for Mortgage-Related Settlements: [TOP TEN]“Crisis-era legal tab for US banks is poised to climb” (WSJ, 10/29/13)
September 2013
- Computerized Trading Glitches: “Tech glitch sinks Goldman’s Treasury Order” (WSJ, 9/20/13)
- JP Morgan Legal Woes:
- [TOP TEN] “JPMorgan urged to pay more in mortgage deal” (NYT, 9/27/13)
- “Robbery at JP Morgan” (WSJ, 9/27/13)
- “JP Morgan: Reverse conundrum” (FT, 9/27/13)
- “Dimon thrashes out deal with the DoJ” (FT, 9/27/13)
- “JPMorgan has made itself a target for regulators” (FT, 9/26/13)
- [TOP TEN]“JP Morgan settlement talks hit $11 billion” (WSJ, 9/26/13)
- “Knowledge equals power at JP Morgan” (WSJ, 9/26/13)
- [TOP TEN}“JP Morgan offers $3 billion to end mortgage probes” (WSJ, 9/25/13)
- [TOP TEN]“JPMorgan may settle with group of agencies” (NYT, 9/25/13)
- [TOP TEN] “JP Morgan legal hurdles expected to multiply” (NYT, 9/24/13)
- [TOP TEN] “Rebuke makes grim reading for Dimon” (FT, 9/20/13)
- Libor Manipulation $1.07 Billion Settlement (Rabobank):“Rabobank to settle over Libor” (FT, 9/27/13)
- Libor Manipulation:
- “US and British officials fine firm in Libor case” (NYT, 9/26/13)
- “Bank of America executive faces criticism in Libor case” (WSJ, 9/25/13)
- “Interdealer broker ICAP closes in on settlement over Libor claims” (FT, 9/10/13)
- Overseas Tax Evasion:
- [TOP TEN]“Offshore accounts: No place to hide?” (WSJ, 9/21/13)
- “Complying with US tax evasion law is vexing foreign banks” (NYT, 9/17/13)
- Overseas Tax Evasion (Swiss Banks):“Swiss bank says it is under investigation by the U.S.” (WSJ, 9/12/13)
August 2013
- Banks Legal Costs of $35 million: “Legal costs stalk banks” (WSJ, 8/13/13)
- Goldman Sachs Erroneous Options Trading Orders:
- “Goldman puts four on leave after glitch” (FT, 8/26/13)
- “17-minute trading glitch put Goldman’s reputation on the line” (FT, 8/23/13)
- “Bad trades’ ripple effect” (WSJ, 8/22/13)
- “Goldman faces losses on erroneous trades” (FT, 8/22/13)
- JP Morgan $410 million Settlement of California Energy Manipulation:
- “Wall Street falls out of love with commodities trading business” (FT, 8/5/13)
- “JP Morgan’s commodities chief at a crossroads” (WSJ, 8/3/13)
- JP Morgan Legal Woes:
- [TOP TEN]“Regulator battles threaten to swamp JPMorgan” (FT, 8/28/13)
- “JP Morgan faces new probe on energy trades” (WSJ, 8/20/13)
- [TOP TEN]“Regulatory headaches worsen for JP Morgan” (WSJ, 8/19/13)
- Legal Fees and Wall Street Major Civil and Criminal Cases: [TOP TEN] “Wall St. debates who should pay legal bills” (NYT, 8/13/13)
- Libor Manipulation:
- “German authorities near end of Deutsche Bank rate probe” (WSJ, 8/13/13)
- “D Bank faces rap by watchdog” (FT, 8/13/13)
- “The danger of distortion” (FT, 8/5/13)
- MF Global $1.2 Billion Missing Customer Funds:“Freeh seeks $1 million MF fee” (WSJ, 8/7/13)
- Overseas Tax Evasion:“UBS managers shift focus from secrecy to returns” (FT, 8/19/13)
- Overseas Tax Evasion (Swiss Banks):
- “US sets out deal on legal problems for Swiss banks” (FT, 8/31/13)
- “Justice Department, Switzerland in bank settlement talks” (WSJ, 8/29/13)
- “US and Switzerland are close to deal on penalizing banks in tax case” (NYT, 8/29/13)
- “Swiss lawyer pleads guilty” (WSJ, 8/17/13)
- “Swiss lawyer pleads guilty to conspiracy in tax fraud” (NYT, 8/17/13)
- Overseas Tax Evasion (Tibet): “Tibet on offer as tax friendly haven” (FT, 8/12/13)
July 2013
- Barclays $485 million Penalty for California Energy Price Manipulation:
- “Barclays $470 million trading penalty” (FT, 7/17/13)
- “Barclays fined on electricity prices” (WSJ, 7/17/13)
- Credit Default Swaps Investigation: “Trying to pierce a Wall Street fog” (NYT, 7/21/13)
- JP Morgan $410 million Settlement of California Energy Manipulation:
- “JP Morgan to pay $410 m to settle power market manipulation claim” (FT, 7/31/13)
- “JP Morgan settles electricity-market case” (WSJ, 7/31/13)
- “JP Morgan settles energy market rigging case for $410 million” (LAT, 7/31/13)
- “FERC lets JP Morgan walk” (LAT, 7/31/13)
- “JP Morgan looks to pay to settle US inquiries” (NYT, 7/31/13)
- “Allegations against JP Morgan outlined” (WSJ, 7/30/13)
- “US says bank manipulated prices” (LA Daily Journal, 7/30/13)
- “JP Morgan settles energy market rigging probe for $410 million” (LAT, 7/30/13)
- “Ban JPMorgan from California’s electricity trading business” (LAT, 7/24/13)
- “JP Morgan, regulator near pact” (WSJ, 7/22/13)
- “JP Morgan may settle California energy market manipulation case” (LAT, 7/19/13)
- “Big bank staring at record fine over energy” (WSJ, 7/18/13)
- MF Global $1.2 Billion Missing Customer Funds:“How to avoid the next MF Global surprise” (WSJ, 7/10/13)
- Overseas Tax Evasion:“Help American businesses– tax their profits abroad” (FT, 7/8/13)
- Overseas Tax Evasion (Apple): “Mackey backs corporate tax tactics” (FT, 7/1/13)
- Overseas Tax Evasion (Swiss Banks):
- “When are offshore penalties excessive?” (WSJ, 7/13/13)
- “Swiss banks near tax deal” (WSJ, 7/12/13)
- Rating Agencies and Mortgage-Backed Securities: “Mortgage securities face rough ride ahead” (FT, 7/5/13)
- Senate Investigation of Banks’ Commodities Infrastructures and Price Inflation:
- “Senate panel opens probe of banks’ commodities business” (WSJ, 7/31/13)
- “JP Morgan to sell commodities business” (WSJ, 7/27/13)
- “JP Morgan eyes sale of commodity unit” (FT, 7/27/13)
- “Banks’ role in commodity business faces scrutiny” (WSJ, 7/24/13)
- “Senate scrutiny of potential risk in markets for commodities” (NYT, 7/24/13)
- Tax Evasion: “Big companies paid a fraction of corporate tax rate” (NYT, 7/2/13)
June 2013
- CBOE Fine re Short Selling: “CBOE fined for oversight role” (WSJ, 6/12/13)
- Derivatives Indexes Manipulation: “Who’s manipulating derivative indexes and why” (WSJ, 6/22/13)
- Dodd-Frank Regulation: “Stopping bank crises before they start” (WSJ, 6/24/13)
- Fannie Mae and Kickbacks Investigation:“Fannie Mae Exec fired amid probe” (LAT, 6/14/13)
- FCPA Investigation of HLW International: “Inside US firm’s bribery probe” (WSJ, 6/22/13)
- Financial Exchange Market Investigation by UK:
- “Forex probe launched by UK regulator” (FT, 6/13/13)
- “British regulator looking into currency rates trades” (NYT, 6/13/13)
- Global Rate-Rigging Investigation: “Singapore punishes 20 banks in rate probe” (6/15/13)
- Internet Fraud and Banks: [TOP TEN]“Banks faulted as taking role in web fraud” (NYT, 6/11/13)
- JP Morgan $6.2 Billion “London Whale Trader” Loss:“Head of risk replaced in shake-up at JPMorgan” (FT, 6/14/13)
- Lehman Bankruptcy: “Lehman trustee starts giving brokerage customers their money back” (WSJ, 6/8/13)
- Libor Manipulation:“Fears grow over cost to investors of Libor crackdown” (FT, 6/19/13)
- Libor Manipulation (Citigroup): “Trader tied to probe departs” (WSJ, 6/27/13)
- Libor Manipulation (UBS/ICAP): “Rate case hits brokerage executive” (WSJ, 6/27/13)
- MBS/Ocwen Additional Losses (Wells Fargo/Ocwen): “Mortgage investors get blindsided” (WSJ, 6/3/13)
- MF Global $1.2 Billion Missing Customer Funds:“MF Global Trustee steps down” (WSJ, 6/6/13)
- NY Financial Regulator $250 Million Fine (Bank of Tokyo-Mitsubishi-UFJ): “Regulator in New York sets tough bank fine” (NYT, 6/21/13)
- Overseas Tax Evasion:
- “The great tax fudge” (FT, 6/21/13)
- “Cadbury employed tax avoidance before takeover” (FT, 6/21/13)
- “UK territories to join tax agreement” (WSJ, 6/17/13)
- “Leaders braced for battle on evasion” (FT, 6/11/13)
- Overseas Tax Evasion (Swiss Banks):
- “‘Monstrous uncertainty’ hangs over Swiss banks” (FT, 6/21/13)
- “Deal to cut bank secrecy stalls in Swiss parliament” (NYT, 6/20/13)
- “Landmark Swiss-US tax deal is in tatters” (FT, 6/20/13)
- “Swiss banks’ new calculations” (FT, 6/18/13)
- “Swiss parliament puts brake on tax settlement with US” (FT, 6/6/13)
- “Swiss lawmakers balk at bank-secrecy deal” (WSJ, 6/5/13)
- Overseas Tax Evasion (UBS):
- “UBS’s French unit fined $13 million in tax evasion inquiry” (NYT, 6/27/13)
- “UBS French unit hit with 10 million euro fine” (FT, 6/27/13)
- “France expands UBS probe” (WSJ, 6/8/13)
- “France expands inquiry of tax evasion at UBS” (NYT, 6/8/13)
- “France starts formal inquiry of UBS unit on tax shelters” (NYT, 6/3/13)
- Tax Evasion and Virtual Currencies: “US fraud crackdown on virtual currencies” (FT, 6/11/13)
May 2013
- Credit Rating Agencies and the RMBS Market Rebound (S&P, Moody’s, Fitch): “Rating agencies under fire again” (FT, 5/23/13)
- Fannie Mae and Kickbacks Investigation:“Kickbacks as ‘a natural part of business’ alleged at Fannie Mae” (LAT, 5/28/13)
- Goldman Sachs Stricter Procedures: “Goldman adopts stricter standards” (WSJ, 5/24/13)
- JP Morgan $6.2 Billion “London Whale Trader” Loss:
- “JP Morgan redeploys staff” (WSJ, 5/23/13)
- “JPMorgan” (FT, 5/11/13)
- “JP Morgan Retreats in Power Market” (WSJ, 5/10/13)
- “A call for new blood on the JP Morgan board” (NYT, 5/6/13)
- [TOP TEN]“For Dimon, unfamiliar heat” (WSJ, 5/4/13)
- [TOP TEN] “JP Morgan caught in swirl of regulatory woes” (NYT, 5/3/13)
- “JP Morgan under regulatory fire” (WSJ, 5/3/13)
- Libor Manipulation:[TOP TEN]“Clubby London trading scene fostered rate-fixing scandal” (WSJ, 5/2/13)
- Libor Manipulation (Rain Man): “‘Rain Man’ wife pours out tweets” (WSJ, 5/17/13
- Libor Manipulation (R.P. Martin Holdings):
- “RP Martin suspends top executives in Libor probe” (FT, 5/16/13)
- “Broker fired in rate-rigging probe” (WSJ, 5/16/13)
- Mortgage Insurers: “Renewed interest” (FT, 5/24/13)
- Offshore Tax Avoidance (Apple, Amazon, Facebook, Starbucks):
- “Don’t blame Ireland for America’s tax blunders” (WSJ, 5/31/13)
- “No replacement for corporate taxes” (NYT, 5/31/13)
- “The trouble with taxing corporations” (NYT, 5/29/13)
- “Apple’s tax tricks give occasion for lousy reform ideas” (LAT, 5/29/13)
- “Simplicity wins in daunting tax task” (FT, 5/29/13)
- “The corporate tax dodge” (NYT, 5/24/13)
- “The corrosive effect of Apple’s tax avoidance” (NYT, 5/24/13)
- “Apple tax probe in US spurs plans for global regime” (FT, 5/24/13)
- “Europe warns on tax evasion” (LAT, 5/23/13)
- “Here comes the sun” (NYT, 5/23/13)
- “Europe pushes to shed stigma of a tax haven” (NYT, 5/23/13)
- “Torches and pitchforks for IRS but cheers for Apple” (NYT, 5/23/13)
- “How we can make global companies pay their fair share of tax” (FT, 5/23/13)
- “Ireland pledges cooperation on global tax avoidance plan” (FT, 5/23/13)
- “Apple policies unlikely to change without tax reform” (FT, 5/23/13)
- “The Apple tax diversion” (WSJ, 5/22/13)
- “Scrutiny aside, Apple has big fans in Congress; ‘I have an iPad’” (WSJ, 5/22/13)
- “Ireland: No favors offered to firms” (WSJ, 5/22/13)
- “Apple tax bill overstated to investors” (WSJ, 5/22/13)
- “Apple CEO, lawmakers square off over taxes” (WSJ, 5/22/13)
- [TOP TEN]“One response to Apple tax strategy may be to copy it” (NYT, 5/22/13)
- “Testimony by Cook eases the concerns of some Senators” (NYT, 5/22/13)
- “For US companies, money ‘offshore’ means Manhattan” (NYT, 5/22/13)
- “Even before Apple tax breaks, Ireland’s policy had its critics” (NYT, 5/22/13)
- “Lawmakers grill Apple execs over tax strategy” (LAT, 5/22/13)
- “Tax investigations are not Apple’s biggest worry” (FT, 5/22/13)
- “Apple shows need for US tax reform” (FT, 5/22/13)
- “Dublin cut tax burden on multinationals after US lobbying” (FT, 5/22/13)
- “Apple chief’s gamble paid off as criticism remains muted” (FT, 5/22/13)
- “Apple Chief Tim Cook defends tax practices and denies avoidance” (FT, 5/22/13)
- “Apple avoided tax on overseas billions” (WSJ, 5/21/13)
- “Billions in taxes avoided by Apple, inquiry finds” (NYT, 5/21/13)
- “Apple’s US tax shelters faulted” (LAT, 5/21/13)
- “US senators accuse Apple of avoiding billions in taxes” (FT, 5/21/13)
- Overseas Tax Evasion:“Global firms’ tax practices draw UK ire” (WSJ, 5/23/13)
- Overseas Tax Evasion (Swiss Banks):
- “Swiss banks: no more secrets” (FT, 5/31/13)
- “Swiss government faces battle over bill to resolve US tax dispute” (FT, 5/31/13)
- “Swiss bow to pressure for more bank data” (WSJ, 5/30/13)
- “Switzerland to allow its banks to disclose hidden client accounts” (NYT, 5/30/13)
- “Swiss government acts to dilute laws on banking secrecy” (FT, 5/30/13)
- “Pressure mounts on vaunted secrecy of Switzerland’s banks” (NYT, 5/24/13)
April 2013
- Barclay’s Internal Investigation Report:
- “Report cites Barclays failings” (WSJ, 4/4/13)
- “Barclays: a grain of Salz” (FT, 4/4/13)
- “Barclays and the entertainment culture” (FT, 4/4/13)
- “Salz attacks warped top pay at Barclays” (FT, 4/4/13)
- Barclay’s Culture: “Salz report a ‘road map’ for culture change at Barclays” (FT, 4/6/13)
- Deutsche Bank Derivatives Fraud Investigation: “Bundesbank launches Deutsche probe” (FT, 4/4/13)
- HBOS Bank Collapse Report:
- “Ex-banker bails on honor” (WSJ, 4/10/13)
- “Former British bank chief to give up knighthood” (NYT, 4/10/13)
- “Financial sins” (FT, 4/10/13)
- “Crosby asks to give up knighthood” (FT, 4/10/13)
- “Ex-HBOs directors face City ban for their part in ‘colossal failure‘” (FT, 4/5/13)
- JP Morgan $6.2 Billion “London Whale Trader” Loss:
- “Dimon losses key lieutenant” (WSJ, 4/29/13)
- “Top lieutenant of Dimon leaving JP Morgan Chase” (NYT, 4/29/13)
- “JP Morgan takes Goldman’s spot in corporate-governance hot seat” (WSJ, 4/11/13)
- “JP Morgan will lobby for Dimon” (WSJ, 4/6/13)
- Lehman Bankruptcy:
- “Creditors of Lehman arm may get repaid” (WSJ, 4/16/13)
- “Hopes rise on Lehman payout” (FT, 4/15/13)
- Libor Manipulation: “Finding a rate that’s fairer than libor” (NYT, 4/5/13)
- Libor Manipulation (Barclays):
- “Barclays does high-level housecleaning” (WSJ, 4/19/13)
- “Barclays ejects last two from old regime” (FT, 4/19/13)
- “Clues to how Ricci’s fate was sealed at Barclays” (FT, 4/19/13)
- Libor Manipulation (Royal Bank of Scotland): “RBS rebuked on yen Libor manipulation” (FT, 4/13/13)
- MF Global $1.6 Bn Missing Customer Funds:
- “MF Global liquidation approved” (WSJ, 4/6/13)
- “Corzine blamed for MF Global collapse” (FT, 4/5/13)
- “Trustee in MF Global case delays suit against its chief” (NYT, 4/5/13)
- [TOP TEN] “Corzine blasted in MF Global autopsy” (WSJ, 4/5/13)
March 2013
- JP Morgan $5.8 Billion “London Whale Trader” Loss:
- “Time to ditch the CEO as chairman” (FT, 3/26/13)
- “JP Morgan board confirms dual role for top executive” (NYT, 3/23/13)
- [TOP TEN] “Masked by gibberish, the risk run amok” (NYT, 3/22/13)
- “After the ‘London Whale’” (NYT, 3/22/13)
- “JP Morgan board set to back dual top role” (FT, 3/21/13)
- “Dimon needs help to hunt the whales” (FT, 3/21/13)
- “JP Morgan bosses hit by bank regulator” (WSJ, 3/20/13)
- “Lesson Learned after Financial Crisis: Nothing much has changed” (NYT, 3/20/13)
- [TOP TEN] “Trading hearings put focus back on JPMorgan’s Chief” (NYT, 3/18/13)
- [TOP TEN] “JPMorgan’s follies, for all to see” (NYT, 3/17/13)
- [TOP TEN] “Dimon and his lieutenants caught in the spotlight over risk management” (FT, 3/17/13)
- [TOP TEN] “Senate puts ‘Whale’ on the grill” (WSJ, 3/17/13)
- “‘It’s one mistake for another here’” (NYT, 3/17/13)
- [TOP TEN] “JPMorgan Executives face withering questions at Senate hearing” (NYT, 3/16/13)
- “Ex-JPMorgan exec admits trading errors” (LAT, 3/16/13)
- [TOP TEN] “Senate slams bank on ‘Whale” (WSJ, 3/15/13)
- “JPMorgan under fire for London whae saga” (FT, 3/15/13)
- [TOP TEN] “Senate inquiry faults JPMorgan on trading loss” (NYT, 3/15/13)
- “Bank officials to testify for ‘whale’ panel” (WSJ, 3/14/13)
- [TOP TEN] “Drew to break her silence on JPMorgan loss” (FT, 3/14/13)
- “Senate report said to fault JP Morgan on loss” (NYT, 3/5/13)
- Libor Manipulation (Royal Bank of Scotland):
- “RBS posts big loss and makes cuts” (NYT, 3/1/13)
- “RBS heeds calls to cede U.S. Ground” (WSJ, 3/1/13)
- Libor Manipulation (UBS):
- “Singapore-based trader sues UBS over dismissal” (FT, 3/1/13)
- “Former UBS traders sue firm over firings amid rate probe” (WSJ, 3/1/13)
- MF Global $1.6 Bn Missing Customer Funds:
- “With JP Morgan settlement, MF Global clients move closer to payout” (NYT, 3/21/13)
- “JP Morgan agrees to MF Global refund” (LAT, 3/21/13)
- “JP Morgan reaches pact over MF Global” (FT, 3/20/13)
- Standard Chartered:
- “Standard Chartered recants, apologizes” (WSJ, 3/22/13)
- “Amateur Banking” (FT, 3/22/13)
- “StanChart chairman forced to eat his words over Iran” (FT, 3/22/13)
February 2013
- Bank of America: “A legal wind doesn’t blow BofA’s way” (WSJ, 2/14/13)
- Barclays Loan Probe to Avoid UK Bailout: “Barclays in Qatar loan probe” (FT, 2/1/13)
- Dangers of Quants and Automated Trading (Knight Capital):
- [TOP TEN]“It is not the maths that cause the crisis” (FT, 2/15/13)
- “Getco reveals sharp losses ahead of Knight takeover” (FT, 2/14/13)
- Euribor Manipulation (Deutsche Bank):
- “Deutsche bank suspends rate traders” (FT, 2/7/13)
- “Deutsche bank suspends five in internal rate probes” (WSJ, 2/7/13)
- Fimmeccanica Bribery/Corruption Probe (Giuseppe Orsi):
- “Finmeccanica chief under arrest” (FT, 2/16/13)
- “Defense contractor’s CEO is arrested” (WSJ, 2/13/13)
- “Chief of Italian aerospace company held in inquiry” (NYT, 2/13/12)
- Irish Bank Resolution Corporation Bailout/Lawsuits: “Dublin faces suits over IBRC liquidation” (FT, 2/19/13)
- JP Morgan $5.8 Billion “London Whale Trader” Loss:
- “JP Morgan: scalpels and axes” (FT, 2/28/13)
- “JP Morgan pulls belt tight‘ (WSJ, 2/27/13)
- “JP Morgan plans to cut 17,000 jobs in two years” (FT, 2/27/13)
- “Hearings possible on ‘whale’ loss” (WSJ, 2/20/13)
- “The second-mortgage shell game” (NYT, 2/18/13)
- [TOP TEN]“Emails imply JP Morgan knew some mortgage deals were bad” (NYT, 2/7/13)
- Libor Manipulation:
- “Regulators hope for libor pacts” (WSJ, 2/27/13)
- “Banks face key hurdle in Libor fight” (WSJ, 2/26/13)
- “Brussels turns up pressure over libor” (FT, 2/22/13)
- Libor Manipulation (Barclays):
- “Legal woes” (NYT, 2/6/13)
- “Two more to depart Barclay’s top ranks” (WSJ, 2/4/13)
- Libor Manipulation (ICAP & R.P. Martin Holdings) “Libor scrutiny turns to middlemen” (WSJ, 2/12/13)
- Libor Manipulation (Royal Bank of Scotland):
- “UK premier warns RBS to speed up reforms” (FT, 2/19/13)
- “RBS notes control failings” (WSJ, 2/12/13)
- “Royal Bank of Scotland executives testify in rate-rigging case” (NYT, 2/12/13)
- “Rate-rig spotlight falls on ‘rain man‘” (WSJ, 2/8/13)
- “Libor rigging to cost RBS $615 million” (LAT, 2/7/13)
- “A fine for Royal Bank of Scotland will not fix Libor” (FT, 2/7/13)
- [TOP TEN]“Interest rate fixing scandal shakes three continents” (FT, 2/7/13)
- “Libor fallout to test RBS morale” (FT, 2/7/13)
- “Clamour mounts for UK banking clean-up” (FT, 2/7/13)
- “An eternal chancer critiques the failures that triggered a $610m fine” (FT, 2/7/13)
- [TOP TEN]“Trial of casual trader talk comes back to haunt RBS” (FT, 2/7/13)
- “RBS fine a burden for British” (NYT, 2/7/13)
- “Guilty plea and big fine for bank in rate case” (NYT, 2/7/13)
- “RBS to pay $612 million fine” (WSJ, 2/7/13)
- “RBS on deck to pay in rate probe” (WSJ, 2/6/13)
- Libor Manipulation (UBS):
- “Executives at UBS set to exit” (WSJ, 2/13/12)
- “UBS” (FT, 2/6/13)
- “UBS cuts bonuses to recoup libor fine” (FT, 2/6/13)
- “UBS records a loss amid revamp” (WSJ, 2/6/13)
- MF Global $1.6 Bn Missing Customer Funds:
- “Futures panel sights issues with Corzine” (WSJ, 2/22/13)
- “Futures association to discuss possible lifetime Corzine ban” (WSJ, 2/21/13)
- Monte dei Paschi di Sienna Banking Scandal:
- “All eyes on Italy’s new rules” (FT, 2/20/13)
- “Latter-day plague imperils Bersani” (FT, 2/15/13)
- “Entangled in Tuscany” (FT, 2/14/13)
- “Pump and Dump” Stock Fraud Scheme: “Stock fraud is alleged” (WSJ, 2/14/13)
- Tibor Manipulation: “Former star trader acuses Japan’s banks of fixing /Tibor benchmark” (FT, 2/7/13)
January 2013
- Bank of America: “Bank of America- beware ghosts” (FT, 1/3/13)
- Dangers of Quants and Automated Trading (Knight Capital):
- “Knight capital’s profit sinks 84% on drop in trading” (WSJ, 1/25/13)
- “Knight capital hit by sharp fall in earnings” (FT, 1/25/13)
- JP Morgan $5.8 Billion “London Whale Trader” Loss:
- “Amid a shake-up, JP Morgan risk officer takes a leave” (NYT, 1/26/13)
- “JP Morgan risk officer takes a leave” (WSJ, 1/28/13)
- “Required Reading for Davos from Fed and JP Morgan” (NYT, 1/23/13)
- [TOP TEN] “Report details missteps in trading at JP Morgan” (NYT, 1/18/13)
- “‘Whale’ is threat to Dimon bonus” (WSJ, (1/12/13)
- “JP Morgan overhaul widens” (WSJ, 1/9/1/3)
- “A top official at JP Morgan is departing after big loss” (NYT, 1/9/13)
- “Dimon lieutenant moves to hedge fund” (FT, 1/9/13)
- Libor Manipulation (Barclays): [TOP TEN] “Barclay’s top brass faces fresh libor heat” (FT, 1/25/13)
- Libor Manipulation (Deutsche Bank):
- “‘Claw’ claims trader bonus” (WSJ, 1/26/13)
- “Bank made huge bet, and profit, on Libor” (WSJ, 1/10/13)
- Libor Manipulation (Royal Bank of Scotland): “RBS brass in rate spotlight” (WSJ, 1/11/13)
- Libor Manipulation (UBS):
- “UBS chief seeks a new moral path” (FT, 1/11/13)
- “British panel castigates ex-UBS officials at hearing” (NYT, 1/11/13)
- “UBS faces Herculean clean-up job” (FT, 1/3/13)
- OCC Foreclosure Process and Possible $10Bn Settlement:
- “Banks near deal on foreclosures” (WSJ, 1/4/13)
- “Banks near foreclosure settlement” (WSJ, 1/2/13)
- MF Global $1.6 Bn Missing Customer Funds:
- “MF Global’s bankruptcy near happy conclusion” (NYT, 1/30/13)
- “MF Global Customers to Get Increased Payments” (WSJ, 1/12/13)
December 2012
- Dangers of Quants and Automated Trading (Knight Capital):
- “Brokerage giant needs little guys” (WSJ, 12/20/12)
- “Exchanges fault complexity” (WSJ, 12/19/12)
- “Knight to pursue with Getco” (WSJ, 12/19/12)
- “Probe sparks split on trades” (WSJ, 12/18/12)
- “Knight nears decision” (WSJ, 12/15/12)
- “Decision coming soon” (WSJ, 12/13/12)
- Investigation of Former Greek Finance Minister’s Offshore Accounts (Papaconstantinou): “Scandal deepens over Greece’s ‘Lagarde List’” (WSJ, 12/30/12)
- Libor Manipulation (Barclays):
- “Former UK financial regulator to join Barclays” (FT, 12/13/12)
- “Barclays names ex-regulator as compliance chief” (WSJ, 12/13/12)
- “Ex-regulator will guide Barclays’ compliance” (NYT, 12/13/12)
- Libor Manipulation (UBS):
- “UBS Libor settlement to implicate 30 bankers” (FT, 12/18/12)
- “A shadow over banks as UBS nears deal” (WSJ, 12/17/12)
- “UBS staff face Libor probe in UK” (FT, 12/15/12)
- [TOP TEN] “UBS in talks for $1 Billion in penalties” (WSJ, 12/14/12)
- “UBS’s penalty over Libor Scandal may top $1 Billion” (FT, 12/14/12)
- [TOP TEN] “Compound Interest: The Global probe into rate – rigging” (FT, 12/10/12)
- “UBS undertakes settlement talks over Libor” (FT, 12/8/12)
- “UBS is reported to be near deal on rate rigging” (NYT, 12/3/12)
- “UBS seeks global deal over Libor scandal” (FT, 12/4/12)
- “UBS nears accord on allegations over Libor” (WSJ, 12/4/12)
- MF Global $1.6 Bn Missing Customer Funds:
- “Trustees of MF Global cut the Gordian Knot” (WSJ, 12/24/12)
- “Ex-MF Global pleads guilty” (WSJ, 12/12/12)
November 2012
- Dangers of Quants and Automated Trading (Knight Capital):
- “Knight is faced with a tough decision” (WSJ, 11/30/12)
- “Knight set to weigh competing bids” (WSJ, 11/29/12)
- “Two firms make offers for Knight” (NYT, 11/29/12)
- “Virtu takes lead in Knight talks” (WSJ, 11/28/12)
- “Knight weighs sale of units” (WSJ, 11/24/12)
- “SEC expands Knight probe” (WSJ, 11/14/12)
- “Knight blames missed fuel delivery” (WSJ, 11/2/12)
- “Generator problems hit Knight” (WSJ, 11/1/12)
- Goldman Settlement with Stock-Option Exchanges: “Goldman partners pocket $22 Million” (WSJ, 11/7/12)
- Libor Manipulation (Barclays): “Barclays fires five in Libor scandal” (Telegraph, 11/29/12)
- Libor Manipulation (RBS):
- “RBS seeks pact on Libor” (WSJ, 11/5/12)
- “RBS braces for Libor penalties” (NYT, 11/3/12)
- “RBS prepares for Libor settlement talks” (FT, 11/3/12)
- Libor Manipulation (UBS):
- “UBS tells why it cut off a limb” (WSJ, 11/13/12)
- “Ermotti treads fine line in investment shift” (FT, 11/5/12)
- “UBS restructuring claims scalp of fixed income head” (FT, 11/1/12)
- MF Global $1.6 Bn Missing Customer Funds:
- “House GOP: MF Collapse avoidable” (WSJ, 11/16/12)
- “MF Global accused of misleading regulators over trades” (FT, 11/16/12)
- “Report faults MF Global Regulators” (NYT, 11/16/12)
- [TOP TEN] “House report says Corzine’s risky bets aided MF Global fall” (NYT, 11/15/12) [Find the report here]
- “Corzine blamed for MF Global collapse” (FT, 11/15/12)
- “Republicans blame Corzine for MF Global crash” (LAT, 11/15/12)
- “A year after MF Global’s collapse, brokerage firms feel less pressure for change” (NYT, 11/1/12)
- Unauthorized $1 Bn Trade Investigation at Boutique Brokerage Firm (Rochdale Securities): “Big Bet Sours, Imperiling Small Firm” (NYT, 11/7/12)
October 2012
- Consumer Financial Protection Bureau/AmEx Settlement:
- “AmEx said to pay over card claims” (WSJ, 10/2/12)
- “AmEx to pay $85 million in refunds to customers” (LAT, 10/2/12)
- “AmEx agrees $113m settlement over alleged violations” (FT, 10/2/12)
- Dangers of Quants and Automated Trading (Knight Capital):
- “Knight chief ponders options” (WSJ, 10/25/12)
- “Knight Capital loss from computer glitch hits $461m” (FT, 10/18/12)
- “Knight plans for worst and hopes for best” (WSJ, 10/18/12)
- “Speed Traders shift gears” (WSJ, 10/2/12)
- Goldman Settlement with Stock-Option Exchanges:
- “Goldman settles trading case” (WSJ, 10/9/12)
- Guggeinheim Securities CDO Head Trader (Rekeda): “Behind the fall of a crisis-era whiz” (WSJ, 10/12/12)
- JP Morgan $5.8 Billion “Whale Trader” Loss:
- “J.P. Morgan CFO to Exit Post” (WSJ, 10/11/12)
- “Dimon deputy to retire from JP Morgan” (WSJ, 10/6/12)
- [TOP TEN] “Exile on Park Avenue: How the JP Morgan trading fiasco took down the most powerful women on Wall Street” (NYT, 10/7/12)
- “New shuffle at JP Morgan” (WSJ, 10/5/12)
- “The woman who took the fall for JPMorgan Chase” (NYT, 10/3/12)
- Lehman Bankruptcy: “Investors play Lehman claims game” (WSJ, 10/30/12)
- Libor Manipulation:
- “9 more banks subpoenaed over Libor” (WSJ, 10/26/12)
- “Cleansing Libor” (FT, 10/1/12)
- Libor Manipulation (RBS):
- “Regulators push banks for next Libor settlement” (FT, 10/29/12)
- “Positive news at RBS tempered by Libor probe” (FT, 10/20/12
- “RBS suspends senior rates trader” (FT, 10/16/12)
- Libor Manipulation (UBS):
- “UBS to cut 10,000 jobs on a worldwide overhaul” (NYT, 10/31/12)
- “UBS chief bullish in the face of change” (FT, 10/31/12)
- “UBS locks out staff in sweeping job cuts” (FT, 10/31/12)
- “UBS to cut 10,000 staff in overhaul” (WSJ,10/29/12)
- “Cuts at UBS to take three years” (FT, 10/29/12)
- “At UBS end or era draws near” (WSJ, 10/30/12)
- “UBS to reorganize investment bank” (WSJ, 10/30/12)
- “Singapore traders suspended by UBS” (FT, 10/25/12)
- MF Global $1.6 Bn Missing Customer Funds:
- [TOP TEN] “A year later all eyes still on ‘Edie’” (WSJ, 10/31/12)
- “Corzine searches for what’s next” (WSJ, 10/30/12)
- “MF Global problem started years ago” (WSJ, 10/29/12)
- Money Laundering Investigations (Deutsche Bank): “US lawsuit claims Deutsche Bank dumped toxic assets” (FT, 10/1/12)
September 2012
- “H-P German Bribery Allegations: “H-P named in German bribery case” (WSJ, 9/20/12)
- Libor Manipulation:
- “Lawsuit raises questions over Singapore role” (FT, 9/28/12)
- “Total overhaul for ‘Broken’ Libor” (FT, 9/28/12)
- Libor Manipulation (Barclays): “Key Barclays officer went to new bank” (WSJ, 9/21/12)
- Libor Manipulation (RBS): “RBS braces for Libor settlement” (WSJ, 9/8/12)
- Treasury Department Investigation: “Treasury backs preliminary deal penalizing bank” (NYT, 9/13/12)
August 2012
- Dangers of Quants and Automated Trading (Knight Capital):
- “Knight ponders a path forward” (WSJ, 8/29/12)
- “Knight names three new directors as part of Bail Out” (FT, 8/29/12)
- “Knight picks new directors” (WSJ, 8/28/12)
- “Time to treat high-speed trading like another risk to manage” (WSJ, 8/22/12)
- “Knight puts fate in familiar hands” (WSJ, 8/16/12)
- “Knight upgrade triggered old trading systems, bi9 losses” (WSJ, 8/15/12)
- “Living with hi-speed trading, part II” (WSJ, 8/11/12)
- “Clients shift orders after Knight loss” (FT, 8/11/12)
- “CEO: ‘Close to 100%” (WSJ, 8/10/12)
- “Knight held $7 Billion of Stock due to Glitch” (WSJ, 8/9/12)
- “Rival Citadel bid for Knight” (WSJ, 8/8/12)
- “In $440 Million Trading Error, Upside of Wall Street Failures” (NYT, 8/8/12)
- “Loyalty, profit drive Knight rescue” (WSJ, 8/7/12)
- “Knight Capital long term viability questioned” (LAT, 8/7/12)
- “Quick lunge for a lifeline: help Knight skirt collapse” (NYT, 8/7/12)
- “Why investors flee equities? Hint: it’s not the computers” (NYT, 8/7/12)
- “Knight Capital- riding to the rescue” (FT, 8/7/12)
- “Knight Capital- a disturbing pattern” (FT, 8/4/12)
- “Knight confirms rescue; firms shares tumble in early trading” (LAT, 8/6/12)
- “Knight Capital reaches a rescue deal with an investor group” (NYT, 8/6/12)
- “Frankenstein takes over the market” (NYT, 8/4/12)
- “Knight Capital group hustles to find buyer or secure funds” (LAT, 8/4/12)
- “Firm’s reaction led to its travails” (WSJ, 8/4/12)
- “Traders swarm Knight options: Is it buy out or bust” (WSJ, 8/4/12)
- “Knight battles for survival” (WSJ, 8/4/12)
- “With Knight wounded, traders ask if speed kills” (WSJ, 8/3/12)
- “Loss swamps trading firm” (WSJ, 8/3/12)
- “A hard day’s Knight” (FT, 8/3/12)
- “Strong and fast, but no time to think ” (NYT, 8/3/12)
- “Trying to stay nimble, Knight Capital stumbles” (NYT, 8/3/12)
- “Errant trades reveal a risk few expected” (NYT, 8/3/12)
- “Knight shows danger of automation frenzy” (FT, 8/3/12)
- “Knightmare on the street: Ultra-fast traders under fire after algo glitch” (FT, 8/3/12)
- EADS Bribery Probe:
- “Emails tell of fears over EADS payments” (FT, 8/14/12)
- “Whistleblower flies out with evidence for EADS claims” (FT, 8/14/12)
- Iran Money Laundering Investigations: “Prosecutors link money from China to Iran” (NYT, 8/30/12)
- JP Morgan $5.8 Billion “Whale Trader” Loss:
- [TOP TEN] “Cold eye over ‘whale’ probe” (WSJ, 8/20/12)
- “JP Morgan forced to revise Capital ratios” (FT, 8/10/12)
- “Whales’ tail hits bank on buyback” (WSJ, 8/10/12)
- “JP Morgan ‘whale’ was prodded” (WSJ, 8/3/12)
- Libor Manipulation:
- [TOP TEN] “Billions of Dollars at stake in claims: Suits mount in rate scandal” (WSJ, 8/27/12)
- “Japan Lender caught up in Libor Probe” (FT, 8/10/12)
- “Underwriters eye banks’ Libor exposure” (FT, 8/1/12)
- “Profits plunge at two European banks” (NYT, 8/1/12)
- “European lenders take Libor scandal hit” (FT, 8/1/12)
- Money Laundering Investigations (Deutsche Bank): “Deutsche Bank’s business with sanctioned nations under scrutiny” (NYT, 8/18/12)
- MF Global / Knight Capital / JP Morgan: “JP Morgan rankled by risk” (WSJ, 8/31/12)
- MF Global Trustee Litigation:
- “MF Global trustee seeks to end suit” (WSJ, 8/30/12)
- “MF Global trustee to sue former executives” (FT, 8/16/12)
- “MF Global trustee to join existing suits against executives” (WSJ, 8/16/12)
- “No criminal case is likely in loss at MF Global” (NYT, 8/16/12)
- “MF Global and the ‘Missing’ Funds” (WSJ, 8/3/12)
- “MF Global trustees differ over amount customers will be repaid” (NYT, 8/2/12)
- “Split at MF Global hearings” (WSJ, 8/2/12)
- “Hopes raised for MF Gloval customers” (FT, 8/2/12)
- “Hope for MF global clients” (WSJ, 8/1/12)
- Municipal Bond Index Manipulation:
- “Municipal bond rule mired in legislative limbo” (NYT, 8/14/12)
- “SEC suggests reforms of municipal bond market” (NYT, 8/1/12)
- Royal Bank of Scotland Libor Manipulation Investigation: “Singapore trader cash light on RBS Libor setting” (FT, 8/24/12)
July 2012
- Barclays 2008 Fundraising Activities: “Scrutiny of CFO adds to strain atop Barclays” (WSJ, 7/28/12)
- Barclays Libor Manipulation:
- “Ex-Barclays official in line for $13.6 million pay out” (NYT, 7/27/12)
- “Barclays remains in the mire” (WSJ, 7/28/12)
- “Charge dents Barclays profit” (WSJ, 7/28/12)
- “Barclays director is latest to leave” (WSJ, 7/26/12)
- “Barclays names veteran lawyer to lead review” (FT, 7/25/12)
- “Barclays to seek external chairman” (FT, 7/23/12)
- “Hypocrisy in business is safer than self-delusion” (FT, 7/19/12)
- “Missteps doomed Barclays leaders” (WSJ, 7/16/12)
- “What they knew: Banks and their regulator s face question sabot interest rate manipulation” (NYT, 7/14/12)
- “New York fed knew of false Barclays reports on rates” (NYT, 7/14/12)
- “Fed says Barclays employee told of Libor rigging in 2008” (FT, 7/14/12)
- “The bank that roared” (FT, 7/14/12)
- “Once-stodgy world of London banking losing its old-school ways” (NYT, 7/14/12)
- “Libor talks goe back to early ’08” (WSJ, 7/14/12)
- “Why the bankers should take a walk” (FT, 7/13/12)
- “Effect of Libor on US loans examined” (FT, 7/12/12)
- “The Libor scandal’s threat to growth” (WSJ, 7/11/12)
- “Libor demystified” (WSJ, 7/11/12)
- “Libor scandal triggers search for new bank rate” (FT, 7/11/12)
- ‘Emails show rate manipulation” (FT, 7/11/12)
- “Calls for outsiders to take helm at Barclays” (FT, 7/11/12)
- “Understanding Libor” (NYT, 7/11/12)
- “Behind the Libor scandal” (NYT, 7/11/12)
- “The spreading scourge of corporate corruption” (NYT, 7/11/12)
- “Barclays culture discouraged staff from raising concerns” (FT, 7/10/12)
- “I too fell for the Diamond myth” (FT, 7/9/12)
- “Barclays Origins: A paragon of probity whose successors proved too reckless” (FT, 7/9/12)
- “Barclays has no candidates perfect for top job” (FT, 7/9/12)
- “Barclays races to fill ranks” (WSJ, 7/7/12)
- “Libor’s dirty laundry” (NYT, 7/7/12)
- “Truth and retribution replace our age of excess” (FT, 7/6/12)
- “Interest rate-fixing scandal buts Barclays at risk with two rating agencies” (NYT, 7/6/12)
- “The trading floor culture is no longer acceptable” (FT, 7/5/12)
- “Unanswered questions on Barclays remain” (FT, 7/5/12)
- “UK Scandal unleashes a political backlash” (WSJ, 7/5/12)
- “With CEO’s exit questions linger over strategy” (WSJ, 7/5/12)
- “How Libor affects rates on loans” (WSJ, 7/5/12)
- “How do you solve a problem like Libor?” (WSJ, 7/5/12)
- “Rate scandal set to spread” (WSJ, 7/5/12)
- “Barclays ex-chief spreads the blame in rate-rigging scandal” (NYT, 7/5/12)
- “A chief with flair falls from a perch” (NYT, 7/4/12)
- “Barclays’ CEO resigns as bank frames a defense” (NYT, 7/4/12)
- “At Barclays, the search is on for a chief who can restore its reputation” (NYT, 7/4/12)
- “Barclays CEO steps down” (LAT, 7/4/12)
- “Barclays chairman quits over scandal” (LAT, 7/3/12)
- “Barclays chief says ‘sorry’” (WSJ, 7/3/12)
- “Diamond threat to reveal dealings with regulators at LIBOR hearing” (FT, 7/3/12)
- “Diamond testimony pivotal for BoE deputy” (FT, 7/3/12)
- “Chancellor opts for parliamentary inquiry” (FT, 7/3/12)
- “UK orders review of Libor” (WSJ, 7/3/12)
- “