Banks & Trusts

SHOWING:

51 to 100 of 4761 results
  

Sort By:

Search

Filter By:

Topics

show more show less

Jurisdictions

show more show less

Allegations

show more show less

Events

Mirabaud & Cie SA: CHF12.7M Confiscation (Switzerland)

September 17, 2024
Public Notice by the Swiss Financial Market Supervisory Authority that it has "confiscated CHF 12.7 million of unlawfully generated profits and opened three proceedings against individuals" after finding that Swiss private bank Mirabaud & Cie SA "breached its anti-money laundering obligations and seriously violated financial market law".

Resource International Holdings CV et al v. Citibank NA et al: Discovery Application (Brazil)

September 16, 2024
Application by Gilmar Benedito Batistela, described as "a Brazilian businessman who built a long career in the IT sector", and Resource International Holdings CV, described as "a company managed and owned by Gilmar Batistela", to take discovery from Citibank, N.A., Banco Itaú S.A. New York Branch; BNP Paribas USA, Inc., Deutsche Bank Trust Company America, Itaú CorpBanca, Safra National Bank of New York, Itaú Securities, JPMorgan Chase Bank, N.A., The Bank of New York Mellon, The Clearing House Payments Company LLC, The Federal Reserve Bank of New York, TRG Management LP, Knox Lawrence International, Inc., and Midas Medici Group Holdings, Inc. for use in legal proceedings in Brazil "concerning the investigation of misappropriation of funds by Nana Baffour-Gyewu and Frank Assante-Kissi related to the sale of Resource Holding de Participações Ltda., Resource IT Chile SPA, and Resource IT Colombia S.A.S. to Getronics Ltda. and Samba Holdings S.A.R.L.", filed at the U.S. District Court for the Southern District of New York

Jose Mendoza del Solar v. Ricardo Soto Marin et al: Discovery Application (Peru)

September 16, 2024
Application by Jose Enrique Mendoza del Solar, a citizen of Peru, to take discovery from Ricardo Adolfo Soto Marin, described as a citizen of Venezuela residing in Doral, Florida, USA; Folkstone Inc., Bank of America Corporation, Citigroup Inc., UBS AG, and UBS Financial Services Inc. for use in criminal proceedings in Peru against Ricardo Adolfo Soto Marin regarding an alleged advance fee fraud, filed at the U.S. District Court for the Southern District of Florida.

CI Investments Inc. et al v. Promontory Financial Group LLC: Discovery Application (Denmark)

September 13, 2024
Application by CI Investments Inc., as manager and trustee for and on behalf of First Asset Morningstar International Value Index ETF, "a trustee of a trust established in Ontario, Canada"; Lighthouse Investment Partners LLC, and Stichting Bedrijfstakpensioenfonds voor de Media PNO, described as "a pension fund foundation incorporated in the Netherlands", for use in legal proceedings in Denmark in which over 300 investors allege "combined losses of over $1 billion" on the stock market when Danske Bank's "money laundering fraud came out", filed at the U.S. District Court for the Southern District of New York.

Maria Beldi et al v. Federal Reserve Bank of New York et al: Discovery Application (Brazil)

September 10, 2024
Application by Maria Claudia Beldi, Maria Inês Beldi, and Antonio Fábio Beldi to take discovery from the Federal Reserve Bank of New York, The Clearing House Payments Company LLC, Citibank N.A., Deutsche Bank AG, HSBC Bank (USA) NA, JPMorgan Chase Bank N.A., Standard Chartered Bank, and The Bank of New York Mellon "for use in a disputed probate proceeding currently pending in São Paulo, Brazil, for the estate of Alexandre Beldi Netto", which was "collectively worth more than USD $50,000,000", filed at the U.S. District Court for the Southern District of New York.

Dubai bank seeks U.S. records in attempt to collect on $100M judgment against UAE’s ‘wealthy Al Sari family’

September 10, 2024
The Commercial Bank of Dubai has applied to take discovery from banks in the United States as part of a long-running battle to collect on a judgment for approximately $100 million that was entered in the United Arab Emirates in 2016 against Abdalla Al Sari, his sons Mohamed Al Sari and Majid Al Sari, and related parties in a dispute that, inter alia, involves entities in the British Virgin Islands, Cayman Islands, and UAE.

Silicon Valley Bank (Cayman Islands Branch) v. FDIC et al: Plaintiffs’ Opposition to Motion to Dismiss (‘Discrimination Against Chinese Depositors’)

September 9, 2024
Plaintiffs' Memorandum of Law in Opposition to Defendants' Motions to Dismiss in Niall Ledwidge, of Stout; Michael Pearson, and Andrew Childe, both of FFP, as Joint Official Liquidators of Silicon Valley Bank (Cayman Islands Branch) v. Federal Deposit Insurance Corporation, as Receiver of Silicon Valley Bridge Bank, N.A. and Silicon Valley Bank, Santa Clara; George R. Fritz, Janine D. Henkes, and John Does 1-100 at the U.S. District Court for the District of Columbia.

Commercial Bank of Dubai PSC v. Bank of America NA et al: Discovery Application (England)

September 9, 2024
Application by Commercial Bank of Dubai PSC, of Dubai, United Arab Emirates, to take discovery from Bank of America, N.A., Bank of Communications, Barclays Bank PLC, BNP Paribas New York, Citibank, N.A., Deutsche Bank AG, Deutsche Bank Trust Company Americas, HSBC Bank USA, N.A., JPMorgan Chase Bank, N.A., Mashreqbank pcs, Mizuho Bank, Ltd. – NY, Société Générale, Standard Chartered Bank, Sumitomo Mitsui Banking Corporation, The Bank of New York Mellon, The Northern Trust Company, UBS AG, Wells Fargo Bank, N.A., and The Clearing House Payments Company L.L.C. for use in legal proceedings in England alleging fraud against Abdalla Al Sari, Majid Al Sari, Mohamed Al Sari, described as "Emirati nationals and members of the wealthy Al Sari family"; FAL Oil Co LLC, Investment Group Private Limited, IGPL General Trading LLC, Hamad Almheiri, Globe Investment Holdings Limited, MAS Capital Holdings Limited, all of the UAE, and MENA Investment Holdings Limited, of the British Virgin Islands, filed at the U.S. District Court for the Southern District of New York.

Carlos Braun v. JPMorgan Chase Bank NA et al: Discovery Application (Argentina)

September 9, 2024
Application by Carlos Braun, of Argentina, to take discovery from JPMorgan Chase Bank, N.A., New York Community Bank, Citigroup Inc., HSBC Bank USA, N.A., Bank of New York Mellon, Santander Bank, N.A., UBS AG, Bank Julius Baer & Co., Ltd., Bank of America, Wells Fargo Bank, Vistra USA, LLC, Fox Horan & Camerini LLP, and Ezequiel A. Camerini, Esq. for use in legal proceedings in Argentina, filed at the U.S. District Court for the Southern District of New York.

Valeska Sigren Bindhoff v. André Paul Boissier: Discovery Application (Switzerland)

August 29, 2024
Application by Valeska Sigren Bindhoff, described as "an 86-year-old Chilean citizen who resides in Santiago, Chile", to take discovery from André Paul Boissier for use in "a contemplated civil proceeding for damages in Switzerland which Petitioner intends to bring against Banque Lombard Odier & Cie S.A., a private Swiss bank headquartered in Geneva, Switzerland", filed at the U.S. District Court for the Central District of California.

Ausenco Chile Ltda. v. Mantoverde S.A. et al: Complaint & TRO Application

August 29, 2024
Complaint and Application for a Temporary Restraining Order "to enjoin a fraudulent draw on a letter of credit and thereby prevent irreparable financial harm to one of Australia’s largest engineering and construction companies, Ausenco Limited, and its Chilean subsidiary, Ausenco Chile Ltda." in Ausenco Chile Ltda., of Chile v. Mantoverde S.A., of Chile, and Australia and New Zealand Banking Group Limited, of Australia, at the U.S. District Court for the Southern District of New York.

Ricardo Salinas et al v. JPMorgan Chase & Co. et al: Discovery Application (England)

August 23, 2024
Application by Ricardo Benjamin Salinas Pliego, described as "a businessman in Mexico who is the founder and chairman of Grupo Salinas, a conglomerate with interests in various businesses in Mexico", and Corporación RBS S.A. de C.V., of Mexico, to take discovery from JPMorgan Chase & Co., Jaitegh 'JT' Singh, and Singh Law Firm, P.A. for use in legal proceedings in England alleging a "massive stock-lending fraud perpetrated against Mr. Salinas" by Vladimir Sklarov, a.k.a. Val Sklarov and entities that allegedly use addresses in the Bahamas, Canada, England, Monaco, Saint Kitts and Nevis, Seychelles and Ukraine whose damages "could exceed $290 million", filed at the U.S. District Court for the Southern District of New York.

EuroChem Group AG v. JPMorgan Chase Bank N.A. et al: Discovery Application (Switzerland)

August 5, 2024
Application by EuroChem Group AG, of Switzerland, to take discovery from JPMorgan Chase Bank N.A., Truist Financial Corporation, and Truist Bank for use in legal proceedings in Switzerland regarding "an invoice spoofing incident" in which the bank was allegedly defrauded out of $600,000, filed at the U.S. District Court for the Southern District of New York.

Silicon Valley Bank v. SVB Financial Group: Complaint (‘$294M Upstream Distribution’)

July 24, 2024
Complaint to void a "$294 Million distribution made by Silicon Valley Bank to SVBFG, its sole shareholder, at a time when the Bank’s insolvency and collapse was a certainty and overlapping board of directors and officers were well aware of SVB’s critical financial distress" in Andrew Childe, Niall Ledwidge, and Michael Pearson, as Joint Official Liquidators of Silicon Valley Bank (in Official Liquidation), of the Cayman Islands v. SVB Financial Group at the U.S. Bankruptcy Court for the Southern District of New York.

Switzerland: Maria Magali Ribeiro Martignoni (‘Money Laundering’)

July 22, 2024
Application for the appointment of a Commissioner to collect evidence from East West Bank Core regarding an account held by Trading Core Investment LLC - pursuant to a request for judicial assistance from Switzerland - for a criminal investigation into Maria Magali Ribeiro Martignoni for suspected money laundering.

Vantage Mezzanine Fund II Partnership v. The Clearing House Payments Company LLC et al: Discovery Application (Bermuda, England, Ghana, Italy, Malta & Switzerland)

July 18, 2024
Application by Vantage Mezzanine Fund II Partnership, acting through Vantage Mezzanine Fund II (Pty) Ltd. to take discovery from The Clearing House Payments Company LLC, Barclays Bank PLC, Citibank N.A., Deutsche Bank Trust Company Americas, HSBC Bank USA, N.A., JPMorgan Chase Bank, N.A., The Bank of New York Mellon, The Northern Trust Company/The Northern Trust International Banking Corporation, UBS AG, Wells Fargo Bank N.A., Bank of America N.A., and Standard Chartered Bank for use in legal proceedings in Bermuda, England, Ghana, Italy, Malta and Switzerland regarding an attempt to enforce a $59 million arbitration award against Ghana businessman John Eric Kowdo Taylor, filed at the U.S. District Court for the Southern District of New York.

Philippe Martinez et al v. Standard Chartered Bank et al: Discovery Application (Saint Kitts and Nevis)

July 3, 2024
Application by Philippe Martinez, described as "a United States resident and successful film producer", and MSR Media SKN Limited, described as "a film production company that produces and films movies in St. Kitts and Nevis", to take discovery from Standard Chartered Bank, New York Branch, and Bank of New York Mellon "in aid of two ongoing foreign defamation proceedings filed against Applicants in the High Court of Justice in the Federation of Saint Christopher and Nevis" regarding "statements about Foreign Plaintiffs’ alleged involvement in a corrupt scheme related to the sale of citizenship by investment units in St. Kitts and Nevis", filed at the U.S. District Court for the Southern District of New York.

Banco BTG Pactual S.A. et al v. Admel Properties Inc.: Discovery Application (Brazil)

July 1, 2024
Application by Banco BTG Pactual S.A. and Travessia Securitizadora de Créditos Financeiros VIII S.A., of Brazil, to take discovery from Admel Properties Inc. for use in legal proceedings in Brazil involving Alessandro Peres Pereira, Adolpho Julio da Silva Mello Neto, Bioverde Indústria, LMA Partners Participações Ltda., and Bioverde Participações Ltda. and an alleged debt of BRL 271 million, filed at the U.S. District Court for the Southern District of New York.

Germany: Pacific Western Bank (‘€15K Shares Fraud’)

June 25, 2024
Application for the appointment of a Commissioner to collect evidence from Pacific Western Bank - pursuant to a request for judicial assistance from Germany - for a criminal investigation into "an unknown perpetrator(s) for fraud".

Global Diversified Investment Company Ltd. et al v. Amicorp B.V.I. Ltd. et al: Claim Form (‘1MDB Dishonest Assistance’)

June 23, 2024
Claim Form in Global Diversified Investment Company Limited, formerly known as 1MDB Global Investments Limited; Aabar Investments PJS Limited (in Liquidation), SRC International (Malaysia) Limited (in Liquidation), and Brazen Sky Limited (in Liquidation) v. Amicorp B.V.I. Limited, of the British Virgin Islands; Amicorp Management Limited, of the British Virgin Islands; Artemas Wealth Management (Barbados) Ltd., formerly known as Amergeris Wealth Management (Barbados) Ltd., of Barbados; Amicorp Fund Services N.V., of Curaçao; Amicorp Singapore Pte. Ltd., of Singapore; Amicorp Hong Kong Limited, of Hong Kong; Amicorp Limited, of Hong Kong; Amicorp Bank and Trust Limited, of Barbados, and Antonius Rudolphus Wilhelmus Knipping, a.k.a. Toine Knipping, of Dubai, United Arab Emirates, at the British Virgin Islands High Court.

Rachel Faranaz Lalbiharie v. Citibank N.A.: Discovery Application (Suriname)

June 19, 2024
Application by Rachel Ester Faranaz Lalbiharie to take discovery from Citibank N.A. "for use in connection with a reasonably contemplated probate matter in Suriname" in which "the heirs to the Testator’s estate - including Applicant, her mother, Rachel Annette Halima Shaik Soeltan, and her siblings, Ronald Reza Raoul Lalbiharie, Karin Sandra Pallavi Lalbiharie, and Claudia Annette Parveen Lalbiharie - will be litigating the proper distribution of the Testator’s assets in accordance with the Testator’s will", filed at the U.S. District Court for the Southern District of Florida.

Nobu Su v. Royal Bank of Scotland et al: Discovery Application (England)

June 17, 2024
Application by Nobu Su, a.k.a. Hsin Chi Su, a Taiwanese businessman, to take discovery from Royal Bank of Scotland, RBS-Sempra Energy Trading, LLC, and JPMorgan Chase Bank, N.A. for use in legal proceedings in England brought by Lakatamia Shipping Company Limited "against the Applicant and others for allegedly conspiring to avoid paying a judgment debt owed to Lakatamia", filed at the U.S. District Court for the Southern District of New York.

FlowBank SA: Bankruptcy Proceedings (Switzerland)

June 13, 2024
Press Release by the Swiss Financial Market Supervisory Authority that it has initiated bankruptcy proceedings against FlowBank SA "as the bank no longer has the minimum capital required for its business operations".

Creditincome Ltd. et al v. The Swiss Confederation: Complaint (‘$82M Conversion’)

June 6, 2024
Complaint that "arises out of Switzerland’s March 19, 2023 conversion of debt securities known as Additional Tier 1 Bonds issued by Credit Suisse AG and beneficially owned by Plaintiffs" in Creditincome Limited, of England; Creditincome Pension Scheme, of England; Double Plateau Holdings LLC, of Delaware, USA; GI Rui Co. Ltd., of Samoa; Red White Investment Ltd., of the Cayman Islands; Rui Gi Lou International Co. Ltd., of the British Virgin Islands; Solar Talent International Limited, of the British Virgin Islands, and Springcore Ltd., of the British Virgin Islands v. The Swiss Confederation at the U.S. District Court for the Southern District of New York.

Petronas Azerbaijan (Shah Deniz) S.à.r.l et al v. Evergreen Parent GP LLC et al: Discovery Application (Luxembourg & Spain)

May 28, 2024
Application by Petronas Azerbaijan (Shah Deniz) S.à.r.l and Petronas South Caucasus S.à.r.l, both of Luxembourg, to take discovery from Evergreen Parent GP LLC, Therium Capital Management (USA) Inc., Deutsche Bank AG, HSBC Bank USA, Citibank, N.A., JPMorgan Chase & Co., The Bank of New York Mellon, UBS AG, UniCredit Bank GmbH, UniCredit S.p.A., Banco Santander, N.A., Banco Bilbao Vizcaya Argentaria, S.A., CaixaBank, S.A., and Banco de Sabadell, S.A. "in aid of certain foreign civil and private criminal proceedings that Petitioners intend to file in Luxembourg and Spain relating to a rogue arbitration proceeding commenced in Spain against the Malaysian government", filed at the U.S. District Court for the Southern District of New York.

Dussan Kipperband et al v. Citibank et al: Discovery Application (Argentina)

May 24, 2024
Application by Dussan David Kipperband, Ivan Kipperband, and Mara Kipperband to take discovery from Citibank, N.A., The Bank of New York Mellon, Société Générale, New York Branch; HSBC Bank USA, N.A., BNP Paribas USA, JPMorgan Chase Bank, N.A., Wells Fargo Bank, N.A., Deutsche Bank Trust Co. Americas, UBS AG, Bank of America, N.A., Bank of China, New York Branch; Standard Chartered Bank US, Commerzbank AG, New York Branch; and The Clearing House Payments Company L.L.C. for use in legal proceedings in Argentina, filed at the U.S. District Court for the Southern District of New York.

Oasis Core Investments Fund Ltd. v. Bain Capital Investors LLC et al: Discovery Application (Cayman Islands)

May 23, 2024
Application by Oasis Core Investments Fund Ltd. to take discovery from Bain Capital Investors LLC, Bain Capital Credit Member, LLC, Bain Capital, LP, Bain Capital Private Equity (Asia), LLC, Bain Capital Distressed and Special Situations 2016 (A), L.P., Bain Capital Distressed and Special Situations 2016 (B Master), L.P., Bain Capital Credit Managed Account (Blanco), L.P., Bain Capital Distressed and Special Situations 2016 (F), L.P., Bain Capital Distressed and Special Situations 2016 Investors (A) L.P., Bain Capital Distressed and Special Situations 2016 Investors (B), L.P., Bain Capital Credit Managed Account Investors (Blanco), LLC, Bain Capital Distressed and Special Situations 2016 Investors (F), L.P., Citigroup Inc., and Morgan Stanley for use in an "appraisal proceeding" in the Cayman Islands involving "the shares of Chindata Group Holdings Limited (now known as WinTrix DC Group) held by Petitioner, and the process leading to the take-private merger", filed at the U.S. District Court for the District of Delaware.

Germany: TD Bank N.A. et al (‘€83K Romance Fraud’)

May 22, 2024
Application for the appointment of a Commissioner to collect evidence from TD Bank N.A., JPMorgan Chase Bank N.A., Citibank N.A., and Wells Fargo Bank N.A. - pursuant to a request for judicial assistance from Germany - for a criminal investigation into a suspected 'online romance fraud' in which the victim allegedly lost €83,500.

Ibiuna Crédito Gestão de Recursos Ltda. et al v. American Airlines Group, Inc. et al: Discovery Application (Brazil)

May 14, 2024
Application by Ibiuna Crédito Gestão de Recursos Ltda., Travessia Securitizadora de Créditos Financeiros XXXII S.A., and Travessia Securitizadora de Créditos Financeiros S.A. to take discovery from American Airlines Group, Inc., Bank of America Corp., and Amarillo National Bancorp, Inc. for use in "foreign civil and criminal proceedings pending in Brazil concerning the business operations of Starbucks and Subway in that country, held through the SouthRock Group, a group of U.S. and Brazilian companies controlled and owned by Kenneth Steven Pope", filed at the U.S. District Court for the Northern District of Texas.

Greece: Fifth Third Bank (‘Spoofing Fraud’)

May 13, 2024
Application for the appointment of a Commissioner to collect evidence from Fifth Third Bank regarding an account in the name of Falcon Group Tech - pursuant to a request for judicial assistance from Greece - for a criminal investigation into "unknown subjects for fraud".

Serbia: Radisav Radović et al (‘Drugs Trafficking’)

May 10, 2024
Application for the appointment of a Commissioner to collect evidence from First Citizens Bank and Trust Co. and PNC Bank, N.A. - pursuant to a request for judicial assistance from Serbia - for a criminal investigation into "Radisav Radović and others for drug trafficking offenses" involving "South America, Aruba, Greece, Western Europe and Serbia".

Homeowners of America Insurance Company et al v. China Construction Bank Corporation et al: Complaint (‘Billions of Dollars Vesttoo-Related Fraud’)

May 9, 2024
Complaint "to recover from China Construction Bank - one of the largest banks in the world - for enabling its personnel to perpetrate a colossal fraud [with employees of the now-bankrupt company Vesttoo Ltd., a self-described “insurance marketplace"] that has upended the reinsurance industry and imposed monumental losses on Plaintiffs" in Homeowners of America Insurance Company, Homeowners of America Holding Corporation, Porch.com Inc., and Porch Group Inc. v. China Construction Bank Corporation, of China; China Construction Bank (Asia) Corporation Limited, of Singapore, and China Construction Bank New York Branch at the U.S. District Court for the Southern District of New York.

Banco Votorantim S.A. v. Kenneth Pope et al: Brazil Judgment Registration (BRL 7.5M)

May 8, 2024
Foreign Judgment Registration in the amount of BRL 7,540,709 in Banco Votorantim S.A., of São Paulo, Brazil v. Kenneth Steven Pope, Starbucks Brasil Comércio de Cafés Ltda., Brazil Airport Restaurante S.A., and SouthRock Capital Ltda., all of São Paulo, Brazil, at the Circuit Court of the Eleventh Judicial Circuit, in and for Miami-Dade County, Florida, USA.