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Deutsche Bank chief says change needed on FX fixings

Deutsche is the world's biggest currency trader

Regulatory myopia driving German institutionals out of equities – Union Investment

Regulators’ failure to consider “the bigger picture” has driven institutional investors into risk imbalances, according to Michael Schmidt, managing director at Union Investment.

Shakespeares calls off merger talks with Davenport Lyons

Merger talks between Shakespeares and Davenport Lyons have broken down, leaving Davenport Lyons on the market for a potential deal, sources suggest.

Libor Fixing Scandal: SFO Seeks Extra £19m for Fraud Investigations

The UK government's Solicitor General, Oliver Heald, also said in a statement that the SFO needs the extra cash to investigate inquiries made about the money Barclays raised through Qatar and, separately into Rolls Royce corruption allegations.

LIBOR misrepresentation claims will proceed to trial

Graiseley Properties brought a claim against Barclays for rescission of two derivative contracts, linked to LIBOR, which it had entered into in conjunction with a loan facility, on the grounds that they had been unsuitable in the circumstances.

Insurance Partner Joins Edwards Wildman’s Team in London

Crabtree joins from Taylor Wessing and advises on insurance and reinsurance claims and coverage disputes, often with an international element, in arbitration and litigation.

Biggest Banks Seen Meeting Basel Rules Five Years Ahead of Time

The world’s biggest banks exceed or comply with capital levels under regulators’ Basel 3 proposals five years before deadline, according to Fitch Ratings.

FCA bans former BGC senior executive

The judge’s findings about his conduct made it clear he fell far short of that.

Advisers to pay out £31m in Arch cru redress

The vast majority of firms have co-operated with us, helping ensure that this compensation scheme has progressed as smoothly as possible

Baker & McKenzie Advises Vneshprombank on USD225 Million Eurobond Offerings

The book was subscribed by investors from Europe, Asia, and Russia following a roadshow in Moscow, Zurich, Geneva, Frankfurt, and London.

Baker & McKenzie Expands Finance Team in Barcelona

He is a professor at the International and EU Law Master’s degree programme coordinated by the Barcelona Bar Association and collaborates with ESADE and UIC on a regular basis.

Carney switches Bank of England focus to conduct risks

Mark Carney, the Governor of the Bank of England, has warned senior bankers that conduct costs related to past misbehaviour have become the most pressing issue for the industry

Dutch Lawyer to Ask Court to Order Rabobank Libor Prosecution

The lawyer, based in Amsterdam, said he’s acting on behalf of a foundation representing several investors in Rabobank debt securities and “others who feel victimized by the bank and have suffered damages.”

Platforms force price change at investment houses

The FCA has stipulated that it would not expect a conversion to take place unless the cost was either the same or less

Report into SNS nationalisation slams central bank, finance ministry

There is no doubt that the purchase of Property Finance and Zwitserleven was a poisonous cocktail which ultimately led to the bank's downfall

Leading law firm launches new Operational Intelligence Group

Operational Intelligence Group set up in anticipation of more global risk and regulatory changes

Germany, France attack EU plan to curb bank trading: document

The paper does not bear an author’s name but five financial industry and government sources told NEWS.GNOM.ES that Germany and France, together with Italy, were behind it.

Stressed out banker gets life for killing wife

A former Morgan Stanley employee, burdened by gambling debts and fearing for his job, killed his wife 'in a fit of rage' last July, London police said after he was sentenced to life in prison Thursday.

Luxembourg's Kleyr Grasso picks up Linklaters partner

Kleyr Grasso managing partner Marc Kleyr said the hire was in line with the firm’s plans to develop its corporate finance practice.

Ex-Moore Capital trader to face UK insider dealing charges

The regulator, long criticised for being too soft on market abuse, has pushed financial crime to the top of its agenda amid public outrage at a string of bank scandals, ranging from mis-selling to benchmark fixing, five years after taxpayers were forced t

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