Ray Dalio’s Family Office Hires Carnegie’s Baumgartner as CIO
Dalio’s family office has hired Mark Baumgartner from nonprofit Carnegie Corp. of New York as its CIO.
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DOJ Steps Up Probe Into UBS, Credit Suisse Over Suspe Russian Sanctions Evasion: Bloomberg
The U.S. Department of Justice has stepped up its probe into Credit Suisse Group and UBS Group AG over suspected compliance failures.
Corzine Plans to Shut Hedge Fund and Return Capital to Investors
Jon Corzine will shutter the hedge fund he started after the collapse of MF Global Holdings.
Goldman, Citadel Securities Pay SEC Millions Over Trade Labeling
Goldman Sachs Group Inc. and Citadel Securities each reached multimillion-dollar settlements with the SEC.
Intention.ly Launches Advisor Brand Builder, a New Marketing Technology for Financial Firms
Streamlined 20-minute, interactive discovery workflow and brand asset generation engine will revolutionize the financial advisor branding experience.
HSBC Breached This Banking Rule 12,200 Times. Regulators Sigh Wearily
HSBC Breached Banking Rule 12,200 Times. HSBC’s processes, systems and staff were not capable of detecting, reporting these breaches until Dec. 2022.
Morgan Stanley Sued for $750 Million by Private Equity Firms Claiming Fraud
Morgan Stanley was sued for at least $750 million by private equity firms.
