A credible competitor
US SEC claims Wells Fargo Securities, formerly Wachovia Capital Markets, violated securities laws when selling CDOs tied to the ailing housing market
This webinar on September 17th looks at the challenges of GRC, key trends, motives for improvement, future investments, and obstacles that banks and other financial institutions face in trying to improve and integrate their risk management strategy
More Wachovia articles
Schemes involved staff from 11 high-profile US banks
CHARLOTTE, NC – Wachovia has announced a $160 million settlement with US regulators over compliance failings relating to its anti-money laundering (AML) responsibilities under the Bank Secrecy Act (BSA)....
The US government's move to rescue beleaguered banking giant Citigroup will not impair its ability to bail out other banks.
In response to industry fears of a collateral crunch, regulators have revised the proposed rules on margining for uncleared over-the-counter (OTC) derivatives.You can find out more by downloading this white paper here.