FINRA fines Credit Suisse over anti-money laundering policies
Dec 5 The Financial Industry Regulatory Authority said on Monday it has fined Credit Suisse's U.S.-based securities business $16.5 million for ineffective anti-money laundering programs.
NEW YORK Nov 20 The former hedge fund manager accused of a $250 million insider trading scheme worked for some time for SAC Capital, according to sources who confirmed his employment history with Reuters on Tuesday.
Mathew Martoma, who has been charged with trading on inside information on some drug companies, worked at CR Intrinsic Investors, a unit of SAC.
His lawyer was not immediately available for comment.
NEW YORK, Dec 5 Nelson Peltz, the billionaire head of activist hedge fund Trian Fund Management, told CNBC on Monday that his firm began building a new position in a company about two weeks ago.