01/28/2014
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.
Legal, Regulation & Compliance
01/28/2014
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.
01/27/2014
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
01/25/2014
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.”
01/24/2014
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
01/24/2014
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
01/24/2014
Leading law firm launches new Operational Intelligence Group
Operational Intelligence Group set up in anticipation of more global risk and regulatory changes
01/24/2014
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.
01/24/2014
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.
01/24/2014
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.
01/23/2014
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
01/23/2014
Vatican Bank Implementing Strict Anti-Money-Laundering Reforms
The Institute for the Works of Religion, or IOR, as it is officially called, has been prone to scandals for decades and now sees restoring public trust as paramount.
01/23/2014
Standard Bank Fined 7.6 Million Pounds by U.K. Markets Regulator
Standard Bank and its senior management have co-operated with the FCA investigation and have taken significant steps at significant cost towards remediating the issues identified, including seeking advice and assistance from external consultants.
01/23/2014
FSCS proposes increase in levy for intermediaries
It could also rise by another £30m before the end of the current financial year to cover any additional deficit
01/22/2014
Over 80% Of Fund Managers Have Yet To Seek AIFMD Authorization - RESEARCH
The latest BNY Mellon survey – conducted in conjunction with global business consulting firm FTI Consulting
01/22/2014
Vatican monsignor arrested for money laundering
A Vatican monsignor already on trial for allegedly plotting to smuggle 20 million euros
01/22/2014
Barclays VP returns to Tods Murrays as head of real estate
He is a specialist in leveraged transactions, real estate finance and syndicated lending and maintains a practice in securitisation and other innovative financing techniques.
01/21/2014
44% of advisers want platforms to bulk switch to clean share classes - RESEARCH
Nearly 50% of the UK's adviser community wants platforms to carry out bulk switches to clean share classes for their clients, research from FundsNetwork has discovered.
01/21/2014
FCA names new Libor administrator
IBA’s new surveillance methodology has been designed to adjust to changing market conditions and it will employ sophisticated analytical tools to operate the benchmark price setting process with transparency.
01/21/2014
German minister asks bankers to help with regulation
German Finance Minister Wolfgang Schaeuble on Monday urged financiers to use their knowledge to improve international rules aimed at preventing future financial crises.