Former BofA Exec Sentenced Over Muni Bond Fraud
The 26-month prison sentence is tied to an eight-year scheme that involved 18 people and one corporation, the DOJ says.
New Hire Roundup: LPL President Moore Elected to FSI Board
Also, DoubleLine adds four and AssetMark names Natalie Wolfsen chief commercialization officer.
SEC, FINRA, CFPB Enforcement: BofA Busted for Illegal Credit Card Practices
In other actions, Hewlett-Packard will have to pay $108 million to settle SEC and DOJ charges of FCPA violations.
Swiss Banks Giving Up Employees to IRS, DOJ
Thousands of employees of Swiss banks are finding that their employers are hanging them out to dry in exchange for hoped-for leniency in connection with American accounts involved in a tax evasion investigation.
Bank of America in $335 Million Settlement Over Countrywide Loans
The DOJ says it's the largest settlement in history over residential fair lending practices.
UBS Admits to Tax Evasion, to Pay $780 Mn
On February 18, UBS announced that it had reached a $780 million deal with the U.S. Department of Justice. It also admitted to helping U.S. taxpayers hide accounts from the IRS.