09/12/2014
That is according to the German private bank Berenberg, which estimates that there are still 63 potential fine situations outstanding from the various on-going investigations by regulators and authorities across the world.
09/12/2014
The EU proposal comes amid growing international strain over the implementation of new rules drawn up by the G20 nations
09/12/2014
Those measures include writing off the outstanding amount of a loan once property is foreclosed
09/11/2014
Post-financial crisis, banking watchdogs have regularly submitted banks to an examination of their assets to ensure they could withstand another shock to the global banking system.
09/11/2014
There is a growing trend globally towards greater transparency in corporate reporting of non-financial risks and policies.
09/11/2014
Credit Agricole’s fine could be similar to Commerzbank’s, according to the person. Anne-Sophie Gentil, a spokeswoman for Credit Agricole, declined to comment.
09/11/2014
The Russian Ministry of Finance has published an updated version of the draft controlled foreign company rules on the 2nd of September
09/10/2014
The Hague district court ruled that BinckBank may continue marketing Binck turbos in the Netherlands because investors perceive turbos to be a generic type of investment product rather than a brand belonging to BNP Paribas.
09/10/2014
He adds that the shortening timelines for delivery create issues, as do the clash of inconsistent definitions between separate regulations.
09/10/2014
The current deadline is December 15, after which new capital requirements kick in
09/09/2014
The bank, Switzerland’s biggest, has been embroiled in tax evasion probes in Europe since it paid $780 million in 2009
09/09/2014
Deutsche Bank has been reluctant to give regulators the clearance that Foresti, an 18-year veteran of the firm, needs to start his new job, said the people, who requested anonymity because the process isn’t public.
09/09/2014
In its annual asset management survey, it said assets from the fund industry managed in Scotland now stand at £560bn, worth just over a tenth of the total AUM.
09/09/2014
Britain's financial regulator said on Tuesday it has done "basic contingency planning" in case Scotland votes this month to become an independent country.
09/08/2014
The Trafigura executives said the move is part of a broader exit from the business by France’s biggest lender, according to one of the people.
09/08/2014
Invitees will range from the largest private client firms
09/08/2014
Analysts at Numis have predicted that asset management companies could face at least a 5 per cent hit on profits from proposed European regulation on research.
09/08/2014
The Financial Conduct Authority, the U.K.’s financial regulator, has pulled a controversial list of countries that the organization considers high risk for money laundering and financial crime.
09/08/2014
Linklaters has been named the first organisation in the UK to achieve a new equality standard launched by EY and a group of UK businesses including Nestle, Vodafone, RBS and Microsoft UK.
09/08/2014
Minster Law’s director of legal services Craig Underwood has joined Capita-owned volume legal business Optima Legal as head of legal services today.