By Emma-Victoria Farr LONDON – Credit Suisse has hired a senior Oliver Wyman adviser as vice chairman of investment banking and capital markets, according to a memo seen by Reuters.…
– MetLife Inc’s fourth-quarter profit rose nearly 7% to surpass Wall Street estimates on Wednesday, as strong investment gains cushioned the hit from higher pandemic-related claims in some parts of…
BOSTON – A Middleboro financial advisor has been charged in a superseding indictment in connection with defrauding his elderly clients and stealing the victims’ retirement assets. Paul R. McGonigle, 67,…
Damian Williams, the United States Attorney for the Southern District of New York, announced today that JAMES MOORE was sentenced today to 140 months in prison for helping design and…
NEW YORK – U.S. public pension funds will likely have to switch to more aggressive investment strategies in the coming years to fill funding gaps despite assets held by sovereign…
HONG KONG -Hong Kong’s Exchange Fund, which is used to back the Hong Kong dollar, posted investment income of HK$170.5 billion ($21.9 billion) in 2021, the Hong Kong Monetary Authority…
Secretary of Commerce Gina Raimondo issued a report Tuesday highlighting the dire state of the ongoing semiconductor shortage in the U.S. and urged lawmakers to pass legislation funding domestic chip…
PORTLAND, Maine: An Arizona man pleaded guilty in federal court today to conspiring to commit wire fraud, U.S. Attorney Darcie N. McElwee announced. According to court records, in 2017 and…
By Michael Nienaber BERLIN – German Chancellor Olaf Scholz’s three-party coalition government has voiced its objections to a European Union draft plan to label nuclear power plants as a sustainable…
Two former Democratic congressmen contracted with a lobbying firm to advocate on behalf of South Korean businesses operating factories in North Korea, according to recent filings. Former Democratic Missouri Rep.…
U.S. Attorney Bridget M. Brennan announced that Tara M. Brunst, 47, of Olmsted Falls, Ohio, pleaded guilty in federal court today to participating in an investment fraud scheme that stole…
NEW ORLEANS, LOUISIANA – U.S. Attorney Duane A. Evans announced that RITCHEL MOREHEAD, age 40, a resident of Covington, Louisiana, was convicted of wire fraud in connection with a fake…
The U.S. Treasury Department will ban American investors from buying shares in eight Chinese companies linked to alleged surveillance of Uyghur Muslims. The Treasury Department will add the companies, which includes…
Assistant U. S. Attorney Andrew J. Galvin (619) 546-9721 NEWS RELEASE SUMMARY – December 14, 2021 SAN DIEGO – A indictment unsealed today charges San Diego resident Denny Bhakta with…
DENVER – The United States Attorney’s Office for the District of Colorado announces that Richard K. Sears, 73, of Pueblo was sentenced to serve 41 months in prison for his…
Leonard C Boyle, Acting United States Attorney for the District of Connecticut, announced that MATTHEW O. CLASON, 40, of Cheshire, was sentenced today by U.S. District Judge Michael P. Shea…
An indictment was unsealed today in federal court in Central Islip charging Jeffrey Slothower, a former registered investment adviser and founder of the New York investment advisory firm Battery Private,…
Damian Williams, the United States Attorney for the Southern District of New York, and Ricky J. Patel, the Acting Special Agent-in-Charge of the New York Field Office of the Department…
TRENTON – Acting Attorney General Andrew J. Bruck today announced that the Department of Law & Public Safety is making available $12 million in grant funding to reduce gun violence and…
PORTLAND, Ore.—A West Linn, Oregon man was sentenced to federal prison today for posing as a successful real estate developer, hemp seed cultivator, and owner of a precious metals mining…
Damian Williams, the United States Attorney for the Southern District of New York, announced that GREGG BRIE, an investment adviser in White Plains, New York, was sentenced yesterday in White…
LOS ANGELES – A South Bay man was sentenced today to 97 months in federal prison for defrauding Asian investment firms out of $14 million by falsely claiming the…
Jacksonville, Florida – U.S. District Judge Timothy J. Corrigan has sentenced Daniel Summers (69, St. Augustine) to 21 months in federal prison for mail fraud. As part of his sentence,…
Damian Williams, the United States Attorney for the Southern District of New York, announced today that DONALD BLAKSTAD, the owner and principal of a California-based investment fund, was sentenced today…
Damian Williams, the United States Attorney for the Southern District of New York, announced that DEREK JONES, an attorney currently suspended from practicing law in California, pled guilty today to…