NEW YORK (Reuters) - Robert Khuzami, the U.S. Securities and Exchange Commission enforcement chief, oversaw Deutsche Bank AG lawyers who were closely involved in developing collateralized debt ...
CDOs are investment vehicles that repackage pools of assets such as home-loan bonds, buyout loans and bank capital notes into a series of new securities with varying risks. Finra's probe focuses on ...
NEW YORK, June 21 (Reuters) - U.S. securities regulators on Monday accused New York financial services firm ICP Asset Management and its founder of defrauding investors in a series of complex ...
Eighty-eight percent of federal agencies with a Chief Data Officer (CDO) said they are making a positive impact. But 93 percent of those without a CDO say having one would positively impact the agency ...
The threat of spread-widening continues to lurk just under the surface of benign credit market conditions. One of the unique selling points of a hybrid CDO, Jazz 3, managed by Axa and arranged by ...
Goldman Sachs Group Inc. shareholders won a ruling allowing them to proceed as a group in a $13 billion lawsuit claiming the bank defrauded them by failing to disclose conflicts of interest related to ...
It sometimes seems that the world of finance is nothing but a series of opaque ruses designed to exemplify the expression mutton dressed up as lamb. However, after 18 months of bursting internet ...