BROWSE BY TOPIC
- Bad Brokers
- Compliance Concepts
- Investor Protection
- Investments - Unsuitable
- Investments - Strategies
- Investments - Private
- Features/Scandals
- Companies
- Technology/Internet
- Rules & Regulations
- Crimes
- Investments
- Bad Advisors
- Boiler Rooms
- Hirings/Transitions
- Terminations/Cost Cutting
- Regulators
- Wall Street News
- General News
- Donald Trump & Co.
- Lawsuits/Arbitrations
- Regulatory Sanctions
- Big Banks
- People
TRENDING TAGS
Stories of Interest
- Sarah ten Siethoff is New Associate Director of SEC Investment Management Rulemaking Office
- Catherine Keating Appointed CEO of BNY Mellon Wealth Management
- Credit Suisse to Pay $47Mn to Resolve DOJ Asia Probe
- SEC Chair Clayton Goes 'Hat in Hand' Before Congress on 2019 Budget Request
- SEC's Opening Remarks to the Elder Justice Coordinating Council
- Massachusetts Jury Convicts CA Attorney of Securities Fraud
- Deutsche Bank Says 3 Senior Investment Bankers to Leave Firm
- World’s Biggest Hedge Fund Reportedly ‘Bearish On Financial Assets’
- SEC Fines Constant Contact, Popular Email Marketer, for Overstating Subscriber Numbers
- SocGen Agrees to Pay $1.3 Billion to End Libya, Libor Probes
- Cryptocurrency Exchange Bitfinex Briefly Halts Trading After Cyber Attack
- SEC Names Valerie Szczepanik Senior Advisor for Digital Assets and Innovation
- SEC Modernizes Delivery of Fund Reports, Seeks Public Feedback on Improving Fund Disclosure
- NYSE Says SEC Plan to Limit Exchange Rebates Would Hurt Investors
- Deutsche Bank faces another challenge with Fed stress test
- Former JPMorgan Broker Files racial discrimination suit against company
- $3.3Mn Winning Bid for Lunch with Warren Buffett
- Julie Erhardt is SEC's New Acting Chief Risk Officer
- Chyhe Becker is SEC's New Acting Chief Economist, Acting Director of Economic and Risk Analysis Division
- Getting a Handle on Virtual Currencies - FINRA
ABOUT FINANCIALISH
We seek to provide information, insights and direction that may enable the Financial Community to effectively and efficiently operate in a regulatory risk-free environment by curating content from all over the web.
Stay Informed with the latest fanancialish news.
SUBSCRIBE FOR
NEWSLETTERS & ALERTS
FOLLOW US
Financial Services NewsMakers
- Goldman's Tourre Rejected Again By Courts.
- Katten Muchin Attracts 13 Lawyers from Dewey.
- Baker & McKenzie: Huge Malpractice Verdict.
- Credit Suisse Commodities Team Leaving.
- FINRA's New CIO, EVP for Business Services.
1. Goldman's Tourre Rejected Again By Courts. A federal judge in New York rejected a request from Goldman Sachs trader Fabrice Tourre to throw out the SEC's lawsuit against him. He had argued that the SEC could not sue him over a Goldman deal involving collaterated debt obligations because the transaction didn't take place in the U.S. As you may recall, the SEC settled its case with Goldman, but did not include the "Fabulous Fab." [NYT Dealbook , 11/2]
2. Katten Muchin Attracts 13 Lawyers from Dewey. Former cochair of Dewey & LeBoeuf's structured finance group, Christopher DiAngelo, is leaving the firm and taking at least 12 others with him to Katten Muchin Rosenman's New York office. Other Dewey partners making the move: tax partner Anna-Lisa Harris, and structured finance partners Howard Schickler, Joseph Topolski, John Keiserman. Stephen Rooney continues to lead Dewey's structured finance practice group. [AmLawDaily, 11/2]
3. Baker & McKenzie: Huge Malpractice Verdict. A Mississippi jury awarded plaintiff plaintiff S. Lavon Evans Jr. $103 million, siding with his claim that the nation's largest law firm represented him at the same time it advised his partner in an oil drilling business. The partner, it turned out, was insolvent and was allegedly using Evans' assets, with Baker & McKenzie's "help," to obtain millions in loans. Evans had sought $150mn in damages. Win some, lose some. [WSJournal, 10/27]
4. Credit Suisse Commodities Team Leaving. An 8-person team is leaving the bank to start a hedge fund backed by Blackstone Group. The planned spinout involves one of the biggest trading groups to leave Wall Street, and is one of the first that Blackstone has selected for startup funding. Other WS traders are similarly on the lookout for seed money. All told, the number of prop traders at Credit Suisse has dropped from 250, at its peak, to 100. The launch, planned for early 2011, is led by George "Beau" Taylor, currently CS's global head of commodities-arbitrage trading. [WSJournal, 9/23]
5. FINRA's New CIO, EVP for Business Services. Samuel Gaer, currently President of Tragara Alpha Partners and former CIO at NYMEX Holdings, will join FINRA, where he'll oversee FINRA technology and supervise its Transparency Services division. Mr. Gaer also will oversee TRACE, FINRA's corporate bond transaction reporting system. [FINRA News, 10/22]
Related Stories: Archive
-
Legal Funding Firm Accused of Scamming 9/11 Heroes, NFL Retirees
February 8, 2017 -
Elizabeth Warren, Wall Street Pariah, Now Has Lost Her Left-Wing Following
January 19, 2017 -
What We Know and Don’t Know About the Trump-Russia Dossier
January 11, 2017