Banking

Banking

David J. White | AlixPartners LLP

Bank robbery used to be a very simple affair. All you needed were a few fast horses, a handful of men or women who were quick on the draw, and some black hats and bandanas to hide behind. Since these attacks were purely physical, banks had simple defenses. Strong vaults and locks kept the money...

Banking | Finance

Yogesh Bahl | AlixPartners LLP

Although building a culture of compliance has been a goal and topic of discussion at many companies for several years, creating a sustainable culture of compliance requires that companies regularly re-evaluate compliance strategies and tactics. This helps compliance professionals remain vigilant...

Banking | Finance

John Basile, Jean-Paul Schwarz, Ann Petterson | Baker Tilly

The Financial Crimes Enforcement Network (FinCEN), a bureau of the Treasury Department, has issued a notice whereby it intends to require certain investment advisors to establish anti-money laundering programs (“AML”) and reporting of suspicious activity pursuant to the Bank Secrecy Act...