Tag Archives: law-experts
Money-Laundering Risk Of Hedge Funds Gauged
Washington Post – Seven years ago the Patriot Act required every financial institution to establish a program to combat money-laundering. But the roughly $2 trillion hedge-fund industry today remains free of any such government restrictions, and this week the Treasury […]
Sarkozy urges clampdown on hedge funds, offshores
Reuters – President Nicolas Sarkozy called at a European Union summit on Wednesday for a clamp-down on hedge funds and offshore centres as part of efforts to better regulate the world financial system. "I would propose a simple principle, that […]
Morgan Stanley and MUFG renegotiating pact: source
Reuters – Japan’s Mitsubishi UFJ Financial Group, which has watched Morgan Stanley’s share price plunge 58 percent last week, is seeking more favorable terms to its $9 billion deal, a person briefed on the matter said. The Japanese lender will […]
