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Sidley considers closing Frankfurt office

Sidley Austin has put its Frankfurt office under review after a spate of partner exits left the base with a handful of lawyers and just one partner.

XCM UK Reaches Settlement with the FCA for Trade Execution Practices

FXCM UK also failed to tell the FCA that the US authorities were investigating another part of the FXCM Group for the same misconduct.

Global law firm makes two senior appointments in the Middle East

I am proud to announce their appointments and I look forward to continuing working alongside them as Eversheds carves out an even stronger presence across the Middle East."

Concerns raised over Germany's Audi, BMW lending cars to EU

Some European politicians and transparency campaigners have raised concerns about German luxury carmakers Audi and BMW providing free cars to EU member states while negotiations were under way over strict new emissions targets.

100 Mln Euros Collected by Greek Tax Controls, a Drop in the Ocean

The 100 million euros that the Greek public sector has managed to gather from controls in cases of large fraud and specifically from remittances to foreign banks and to off shore companies, seems to be like a drop in the ocean of debts.

Libor Traders Said to Face U.K. FCA Fines of Up to $4.2 Million

Libor traders face fines of as much as 2.5 million pounds by the U.K. markets regulator for misconduct in relation to the interest rate benchmark

Bird & Bird secures position on list of "World's Best Outsourcing Advisors" for 2014

The IAOP is the global, standard-setting association and advocate for outsourcing professionals and the organizations they support.

Deferred Prosecution Agreements - Withers

Essentially, although the organisation will not be pleading guilty to an offence, it will be admitting its wrongdoing and will receive a fine from the judge but will avoid criminal prosecution.

JPMAM unveils performance tool for Lanning's multi-manager range

JP Morgan Asset Management has launched an online tool that enables advisers to create tailored reports of underlying portfolio holdings and performance contributions on its fund of funds range.

Prosecutors from UK’s CPS sent to Dubai, Spain to recover criminal assets

The UK’s Crown Prosecution Service is to base two specialist prosecutors in Spain and the United Arab Emirates to recover the assets of British criminals.

EU lawmakers and member states agree bonus curbs for fund managers

EU lawmakers and member states agreed curbs on fund managers' pay similar to new rules for bankers on Tuesday

Regulating DC pensions: A tale of two umpires

As the Financial Conduct Authority begins its dissection of the UK defined contribution pensions market, the feasibility of having a single regulator to preside over the sector has once again been raised.

UBS seeks immunity as US and EU probe currency market rigging

UBS is seeking immunity in the US and European Union as part of the global investigation of currency markets

Speechly Bircham and Charles Russell in merger talks to create £126m firm

If the tie-up goes ahead, the combined firm will consist of about 176 partners and have combined revenues of £125.9m.

National law firm appoints new Head Of Real Estate

The team is well known in the market and acts for a wide variety of banks, funds and leading property companies.

Pannone partners face three-year lock-in at Slater & Gordon

Partners who moved to Slater & Gordon as part of its acquisition of Pannone are to be locked into the firm for three years under the stringent terms imposed on the new joiners.

SocGen Appeals Amount of EU Fine on Euribor Probe

The appeal "relates to the method of calculation used by the European Commission to determine the amount of the sanction imposed on Societe Generale.

Investors with investments linked to Bernard Madoff

Investors with investments linked to Bernard Madoff may have the opportunity to claim compensation.

Deutsche Bank Settles Dispute for $1.06 Billion

Deutsche Bank said on Thursday that it would pay more than 775 million euros, or about $1.06 billion, to the heirs of the late media mogul Leo Kirch to settle a long-running dispute over the collapse of his empire.

Deutsche Bank moves closer to settling Kirch dispute

Deutsche Bank is close to a 900 million euro deal to settle a dispute with the heirs of late media mogul Leo Kirch,

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