05/25/2014
ECB considers options including negative interest rates
The European Central Bank has a range of options to consider at its June 5 policy meeting and negative interest rates are among them
Legal, Regulation & Compliance
05/23/2014
Belgium, EU near end to talks on Dexia, may avert new bailout -sources
Belgian officials could soon conclude talks with EU and euro zone financial regulators that might see France and Belgium avoid having to pour more public money into crippled bank Dexia if it fails an EU stress test on its balance sheet.
05/23/2014
International law firm hires leading trust litigator
He joins as a partner from Taylor Wessing, where he was head of the firm’s Contentious Trusts & Estates team.
05/23/2014
Eversheds advises Deutsche Asset & Wealth Management on West End acquisition finance deal
The Eversheds team was led by partner Daniyal Ansari, assisted by teams from Eversheds real estate and tax departments.
05/23/2014
Top 50 National law firm promotes 7 new partners
Top 50 National law firm has promoted 7 new partners to its partnership, including for the first time in its history a director from a different profession.
05/23/2014
international law firm strengthens financial services team with Eversheds hire
The move cements the firm's vision in not only strengthening its expertise in an already hugely respected financial services practice but also consolidating its expertise in this sector.
05/23/2014
Global law firm adds payments and financial services partner in London
He will join the firm from Hogan Lovells
05/23/2014
Barclays fined £26m for failings surrounding the London Gold Fixing
The Financial Conduct Authority (FCA) has fined Barclays Bank Plc (Barclays) £26,033,500 for failing to adequately manage conflicts of interest between itself and its customers as well as systems and controls failings, in relation to the Gold Fixing
05/23/2014
Germany's Schäuble opposes ECB's OMT bond-buying program
Wolfgang Schäuble, German finance minister, on Wednesday expressed opposition to future ECB sovereign bond-buying that is part of the OMT program.
05/22/2014
Pair of Commerzbank traders suspended over forex abuses
It is understood that Commerzbank’s compliance procedures picked up the failed attempt to alter an order in January, and suspended the trader in February.
05/22/2014
JPMorgan, HSBC, Credit Agricole Charged by the EU
On Tuesday, in a latest move in their 2-year investigation, the European Union antitrust officials charged 3 more banks over collusion for manipulation of benchmark interest rates tied to the Euro
05/22/2014
Hedge Fund Sues McKesson Over Celesio Deal
Magnetar cites German law requiring all shareholders and bondholders to receive equal treatment in a takeover
05/22/2014
Markets Brace for Change as EU Unveils 800-Page Rule Book
Europe’s capital markets are getting a new foundation
05/22/2014
Belgium, EU near end to talks on Dexia, may avert new bailout -sources
Belgian officials could soon conclude talks with EU and euro zone financial regulators that might see France and Belgium avoid having to pour more public money into crippled bank Dexia if it fails an EU stress test on its balance sheet.
05/21/2014
EU regulators to charge ICAP with benchmark rigging soon
European Union regulators plan to charge broker ICAP soon with rigging the yen Libor financial benchmark,
05/21/2014
Consumer Panel disappointed by increase in complaints
The new Banking Standards Review Council has its work cut out based on today's report from the Ombudsman
05/21/2014
Weil to lose ex-Linklaters star to Kirkland
He represents sponsors, financial institutions, funds and corporations on financings including leveraged finance, structured debt and restructurings.
05/21/2014
German watchdog sees disturbing evidence in forex probe
Eight financial firms have been fined billions of dollars for manipulating reference interest rates, and the probe into the largely unregulated $5.3 trillion-a-day foreign exchange market could prove even costlier.
05/21/2014
Lloyds sues RBS for £420m over 'misleading' rights issue
The bank has joined forces with the RBoS Shareholder Action Group.
05/21/2014
Revised conflicts of interest guidance published by The Charity Commission
The Charity Commission, the independent regulator of charities in England and Wales, has today published revised public guidance on conflicts of interest for charity trustees.