compliancex header
The Compliance Exchange News AlertFebruary 10, 2014
Connect With Us
Like us on FacebookFollow us on TwitterView our profile on LinkedIn
Find us on Pinterest
Find us on Google+Visit our blogView our videos on YouTube 
Provided by









































































Please view jobs with our awesome clients!! 




Four New Roles with Babson Capital Management LLC















Sponsored Jobs by FINRA 
ComplianceJobs.com would like to welcome FINRA as our new job sponsor. Please take a look at their recent open positions and see how you can apply







Special Exclusive Discounted Basel III/CRD Classes for CompliancEX Readers! 

The members of Basel iii Compliance Professionals Association has an exclusive discount for CompliancEX Readers.

They are offering a 20% discount for their 2014 Basel III/CRD IV instructor-led classes.

They will be taking place in New York, London, Frankfurt, Zurich, Luxembourg, Dubai, Hong Kong, Rome, Dublin, Kuala Lumpur.

To learn more about the two different classes please go to: 


To receive the 20% discount when registering please enter the promo code: Association20

If you have any further inquiries about the classes before signign up please feel free to contact George Lekatis  at 

 

Please listen to Jack Kelly's Podcast to hear him discuss hot current trending stories on CompliancEX.com

 

If you are interested in continuing the conversation with Jack please feel free to email him at JKelly@compliancesearch.com


In a span of four days last week, two current executives and one recently retired top ranking executive of major financial firmswere found dead. Both media and police have been quick to label the deaths as likely suicides.
 

Barclays Plc said its 2013 underlying earnings dropped by a quarter from the year before to 5.2 billion pounds ($8.5 billion), below expectations, which is likely to be due to a fall in investment bank earnings.
 

Greed is good, and high-speed trading is better-if you want to rig the market I wasn't sure I'd heard him right.

 

 

Continue to article 

Sponsored by:

The stock market surged Friday after the lousy jobs report. The Dow soared 160 points, while the S&P 500 and Nasdaq also rose.

 

 

Continue to article 


Following JPMorgan Chase (NYSE:JPM) and Assurant Inc.'s (NYSE:AIZ) $300 million settlement last year, now Citigroup (NYSE:C) has been told to pay $110 million in a lawsuit to homeowners who were forced to pay expensive property premiums by the bank.

Swiss bank UBS AG has put two bankers on leave as part of an internal investigation into the hiring of a close relative connected to a potential Chinese corporate client, IFR reported on Monday.

For techies scanning the headlines over the past few months, one name has become an increasingly common occurrence: Carl Icahn, the legendary "vulture capitalist," who first made a name for himself during the leveraged buyout boom of the 1980s, which pillaged profitable corporations for personal profit.
Sponsored by:

Danske Bank has suspended six employees after Danish prosecutors started a probe into price manipulation on mortgage bond trades conducted in 2009.

Here's an interesting one. Argentina's central bank is investigating the dismissal of a Deutsche Bank currency trader to determine whether it was linked to a warehouse fire that destroyed industry documents this week in Buenos Aires.

 

 

Continue to article 


The Financial Conduct Authority has turned the tables on the recent trend of banks snapping up former regulators by appointing former Goldman Sachs and UBS banker James Kelly.

 

 

Continue to article 

Please Listen to Mike Lane's Podcast Discussing California's Dreaming of New Job Opportunities

 

 

 

 

 

 

If you are interested in continuing the conversation with Mike please feel free to email him at MLane@compliancesearch.com

Sponsored by:

The executive suites of JPMorgan Chase in Midtown Manhattan may seem a world away from the politically connected Chinese job applicants who landed on the bank's payroll.
 

Barclay's has been forced to issue confirmation of its pre-tax profits for 2013 a day ahead of its results after they were leaked in a diary column.

Two Goldman Sachs Group Inc. (GS) managing directors are leaving for Citadel LLC, joining the migration of traders leaving Wall Street banks for hedge funds as lenders pull back from riskier businesses.

 

Continue to article 


The probe into possible insider trading continues with U.S. authorities looking at a number of hedge funds, including at least one individual at SAC Capital, a source familiar with the matter tells CNBC.

Four months into a criminal trial for five former employees of Bernard L. Madoff Investment Securities, witnesses have made it clear that no one but Madoff himself knew the whole truth about his massive Ponzi scheme, from his top lieutenant on down.
Sponsored by:
02-10-2014 14:37:37 PM

For about five seconds on Monday, Jan Smeekens was Olympic champion, hero to a nation, and all that goes with it. Until, gut-wrenchingly, he wasn't....�

 

 

02-10-2014 13:12:17 PM

The non-profit group Better Markets filed a lawsuit against the Justice Department on Monday to block what it called an "unlawful" $13 billion settlement with JP Morgan over bad mortgage loans sold to investors before the financial crisis. The record settlement with the bank, which was reached in November, does not release JP Morgan from potential criminal liability over the mortgages it packaged into bonds. But Better Markets said it was still appalled that the settlement gave the bank "blanket civil immunity" for its conduct without sufficient judicial review. "The Wall Street bailouts were bad enough, but now taxpayers are being forced to accept a secretive backroom deal that may well have been another sweetheart deal," said Dennis Kelleher, the chief executive of Better Markets....�

 

 

02-10-2014 10:49:00 AM

Carl Icahn said he sees no reason to persist with his proposal that Apple Inc buy back $50 billion (30 billion pounds) of its shares, given the recent share repurchases by the iPhone maker. Icahn said in a letter to Apple shareholders posted on his website that he was pleased that Apple CEO Tim Cook and the board have exhibited an "opportunistic" and "aggressive" approach to share repurchases....�

 

 

02-10-2014 09:26:00 AM

For years, Charlie White has dated the "hottest athlete" of the Winter Olympics - but he doesn't want anyone to know about it....�

 

 

02-10-2014 09:25:00 AM

Mark Zuckerberg and his wife, Priscilla Chan, were the most generous American philanthropists in 2013, with a donation of 18 million shares of Facebook stock, valued at more than $970 million, to a Silicon ......�

 

 

02-10-2014 09:21:00 AM

Millions Trapped in Health-Law Coverage Gap: Like millions of other Americans caught in a mismatch......�

 

 

02-10-2014 09:19:00 AM

 'The 1 Percent Work Harder' When the going gets tough, the rich dudes stick together. Or at least rich dude Sam Zell did in an interview with Bloomberg TV Wednesday. The billionaire chairman of Equity Group Investments backed up fellow rich guy Tom Perkins, who set off a firestorm when he recently compared the "progressive war on the 1 percent" to Nazi anti-Semitism in a letter to the Wall Street Journal. (He later apologized for using the word "Kristallnacht" but defended the overall "message.") "I guess my feeling is that he's right," Zell said when asked by Bloomberg's Betty Liu how he felt about Perkins' stance. ..�

 

02-10-2014 08:14:00 AM

The new head of the Federal Reserve, Janet Yellen, delivers her first testimony to the House of Representatives on Tuesday and the Senate on Thursday. "Given the perception of Janet Yellen being a dove, if she doesn't come over extra-dovish it could be a bit of a disappointment." Both stocks and the dollar initially retreated when Friday's U.S. payrolls report showed a rise of only 113,000 in January, falling well short of forecasts....�

 

 

02-10-2014 08:13:00 AM

'Dumb Starbucks' Coffee Shop Appears in L.A.'s Los FelizThere's no word on who's behind the project, but there's a line for free coffee and pastries purchased from Vons....�

 

 

02-09-2014 17:32:00 PM

Medical marijuana gains traction in the Deep South Medical marijuana has been a non-starter in recent years in the Deep South, where many Republican lawmakers feared it could lead to widespread drug use and social ills. That now appears to be changing, with proposals to allow a form of medical marijuana gaining momentum in a handful of Southern states....�

 

 

02-09-2014 17:31:00 PM

The reigning U.S. champion remains determined to win the ladies singles but acknowledges Russia's teen phenom is the one to beat....�

 

 
 

When:  March 25-26, 2014
Where: The Princeton Club, NYC
15 West 43rd Street
New York, NY 10036
 
 

**CompliancEX subscribers are eligible for a 10% registration discount with Code FMP173**

 

Top Reasons to Attend:

  • Review upcoming regulatory developments, examine their impact on due diligence and strategize what you should be doing now to prepare
  • Network with your peers and discuss how and why their expectations for due diligence have changed
  • Map out effective tactics to obtain essential but undisclosed information
  • Discover strategies to avoid conflicts of interest resulting from consolidation and outsourcing
  • Identify important considerations when keeping vital corporate information in the cloud
  • Dig deeply into the nuances of pricing and valuation
  • Understand the industry impact as more institutional investors make direct investments
  • Discern the "yellow flags" involving counterparty risk that you should never ignore
  • Investigate the new best practices in hedge fund due diligence
  • Earn 14 CPE credits!

For More Details Read Here


CompliancEx provides our viewers with in depth industry articles, seminar and conference information, advertisers relevant to Compliance and a chance to write editorials for our blog.
 

                                   Visit our blog 

                          CompliancEX- The Compliance Exchange
               www.CompliancEX.com