04/19/2012
Defense attorney Charles Sherrard said he wants to know "the nature of any interviews" from disciplinary hearing with Adoboli's co-workers on the Swiss bank's Delta One trading desk.
04/18/2012
In the case of two companies, the purchases accounted for more than 80 per cent of that day’s total volume in those shares.
04/18/2012
Cloned firms appear to be genuine authorised firms or individuals when in fact they are a separate company with no affiliation to the firm they are cloning.
04/18/2012
But the number of people who actually invested with a share fraudster after being contacted by them dropped by 7pc, from 831 in 2010 to 770 in 2011.
04/18/2012
They were trading on the instructions of Stefan Chaligne, an equity-fund investment manager.
04/18/2012
Paris prosecutors opened a formal investigation April 12, after conducting a preliminary inquiry with the customs service into a complaint by France’s Prudential Control Authority in February 2011 over the bank’s practices in France.
04/18/2012
CPSS and IOSCO members will strive to adopt the new standards by the end of 2012. Financial market infrastructures (FMIs) are expected to observe the standards as soon as possible.
04/17/2012
The team also includes two partners in the firm's Dubai office, with corporate duo Gavin Watson and Chris Sioufi also joining Dechert, which currently does not have a presence in the United Arab Emirates.
04/17/2012
The decision to pass the case to the sanctions committee, which is composed mainly of independent magistrates, means the FSMA considers that there is enough evidence to take the case forward and that there will be no settlement with the parties involved.
04/16/2012
But Austria's deal is far less favourable than those struck by Britain and Germany, which both responded to political pressure by extracting big up-front payments and more concessions from Switzerland.
04/16/2012
The Bays allege that Barclays sold them a 20-year "interest rate enhanced collar" in September 2008 that immediately began to cost them thousands of pounds every quarter as interest rates were cut to historic lows in the wake of the financial cr
04/16/2012
Almost one in 10 people earning more than £10 million a year is paying less than the 20% basic rate of income tax, the Treasury says.
04/16/2012
International law firm appoints new head of Global regulatory and corporate crime
He brings with him a team of senior lawyers and support staff, including two senior counsels
04/16/2012
An independent French magistrate has been named to examine the commercial practices of Swiss bank UBS AG, financial daily Les Echos reported on Monday.
04/13/2012
The British fund manager has marked 14 May as the day it will produce the information documents for investors - about six weeks before the 1 July deadline set by the European Union for regulated products.
04/13/2012
Darwin (pictured) is replacing David Bradley as UK managing partner, with Bradley returning to full-time practice in the employment, pensions and benefits group.
04/13/2012
The transaction proceeded by way of a Jersey scheme of arrangement and has received the required regulatory approvals and the sanction of the Jersey Royal Court.
04/12/2012
The proposals, dubbed a ‘fraudster’s charter’, come as part of a radical shake-up of the Financial Services Compensation Scheme, the safety net which protects savers and investors.
04/12/2012
Olenicoff sued UBS in 2008, accusing the bank of fraud, conspiracy and other charges in handling some US$200mil he kept in offshore accounts and claiming that UBS had wrongfully advised him that he did not have to report them to the IRS.
04/12/2012
New regulation comes into effect next month, with financial penalties for non-compliance