Banks should only be prohibited from engaging in stand-alone, proprietary trading, according to the American Bankers Association.
2 min read · 19 October 2017
Law firm Kirkland & Ellis has elevated Jaclyn L. Rabin and Paul Mysliwiec to the position of partner as part of a raft of promotions.
1 min read · 11 October 2017
The regulator issued a risk alert after finding consistent shortcomings in the way performance is advertised.
2 min read · 18 September 2017
Just over half of LPs have experienced greater transparency from fund managers since 2015, a new report claims.
2 min read · 12 September 2017
A few issues could give the commission cause for concern in what appear to be relatively vanilla transactions.
3 min read · 01 September 2017
The US regulator is getting to grips with potential conflicts of interest in plain vanilla deals.
3 min read · 31 August 2017
The OCC’s investigation could be the first step in dismantling the regulation that restricts a bank’s ability to invest in private equity.
2 min read · 02 August 2017
The Federal Reserve Board is allowing banks an additional two years to divest certain types of initial fund investments.
2 min read · 26 July 2017
The bank already has a five-year extension to comply with the regulation which would push it to divest private fund stakes worth $6bn.
2 min read · 19 July 2017