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 white paper looks at the heavy impact of regulation on investment managers, the mitigation of outsourcing risk, inefficiencies in corporate actions processing and the growing importance of collateral management.
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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.
This whitepaper reviews the fundamental changes of Liquidity Risk Management under Basel III. It discusses how institutions can meet the regulatory requirements on liquidity risk management by enhancing their liquidity risk analytics, funds transfer pricing methodologies, liquidity stress testing frameworks, and enterprise risk management platforms.