11/27/2014
Speaking at a one day symposium on the ‘Future of Banking as a Profession’ in London this Friday, Dame Colette Bowe, Chairman of the Banking Standards Review Council, will tell delegates from over 25 countries that equipping bankers to be true
11/26/2014
Swiss-based private banking arm to pay £10m over US charge
Will pay 12.5 million US dollars (£10 million) to settle regulators' charges that its private-banking business based in SwitzThe Securities and Exchange Commission said the private-banking unit failed to register with the SEC before provid
11/26/2014
UK chancellor George Osborne is set to unleash a new strict liability rule and higher penalties to capture those with offshore assets who are ignoring their tax obligations
11/25/2014
British insurer Aviva plc said on Saturday it would compensate around 250 annuity customers who had been short-changed because of an error in its sales process.
11/25/2014
The FCA found that there were weaknesses in the way firms monitor the way these products are used and communicated with consumers.
11/25/2014
Private Capital team scoops another award
"This award is a testament to our team, its international strength and the quality of work it does. It tops off what has been a great start to the new merged firm."
11/25/2014
Lenders urge FCA to provide clarity on acceptable lending practices
The Intermediary Mortgage Lenders Association has urged the FCA to provide more clarity around acceptable lending practice under the MMR.
11/25/2014
International law firm expands into Luxembourg with five-partner office
This will service the requirements of clients in the Asset Management & Investment Funds and Financial Institutions sectors, particularly in relation to private funds formation, corporate structuring, UCITS, hedge funds, capital markets, banking, and
11/25/2014
U.S. prosecutors to interview London FX traders - sources
U.S. prosecutors will travel to London in the coming weeks to interview traders about currency market manipulation, the latest sign that authorities are closer to filing criminal charges stemming from the long-running probe, sources told Reuters.
11/25/2014
Top 100 law firm appoints 13 associates and senior associates
Those promoted to senior associate, along with their area of expertise, include Katie Beaven (family law), Carol Ramsden (rights of way) and Charlotte Wormstone (property litigation),
11/25/2014
The best deal on the market for expat savers at the moment is Nationwide International's 2.3pc fixed rate for three years
11/25/2014
There also was a growing recognition of the effect environmental, social and governance issues can have on financial returns.
11/25/2014
Hungary’s parliament approved laws that force banks to convert $14 billion of foreign-currency home loans to forint and impose pricing limits for fresh lending.
11/25/2014
British Regulator Describes Current Practices at Bank’s European Arm as ‘Simplistic’
11/24/2014
The news was presented by Gemma Vasquez at the Gibraltar Federation of Small Businesses' annual dinner at the Rock Hotel where she asked that business issues would be raised.
11/24/2014
While Europe fiddles with the pay cap, other economic hubs are dividing the spoils
11/23/2014
Civil servant Gerard Ryan has told TDs that the investigation into a series of offshore bank accounts, allegedly held by a number of former politicians, is far from completion.
11/23/2014
Global policymakers look set to finalise tougher new capital rules on asset-backed securities in December, just three months before defining banks' high-quality assets which may well then be granted better treatment in the future.
11/21/2014
Osborne drops banker bonus cap bid
George Osborne has dropped his challenge to the EU over banker bonus caps
11/21/2014
That’s in line with comments from Executive Board member Yves Mersch, who has said the ECB will start buying ABS this week.