07/18/2013
Top Sullivan private client partner heads to London for UK launch
Sullivan & Cromwell is expanding its international private client practice to London with the transfer of New York-based group leader Basil Zirinis.
Legal, Regulation & Compliance
07/17/2013
Italy's Ligrestis arrested in Fondiaria probe
"The failure to communicate this sensitive and crucial piece of information for investors has caused serious damage to at least 12,000 savers," the tax police statement said.
07/17/2013
Liechtenstein Bank stows extra $33 mln for imminent U.S. Tax Deal
LLB accused of Aiding Wealthy Americans to Evade Tax
07/17/2013
Deutsche Bank complaint fails in Tchenguiz battle with UK fraud agency
Deutsche Bank's bid to block disclosure of confidential documents at the heart of a court battle between property tycoons Vincent and Robert Tchenguiz
07/16/2013
Taxpayers spent £100,000 in travel and hotel costs for the former head of the Serious Fraud Office
She stepped down as its chief executive in 2012 after four years, was responsible for the agency’s day-to-day operation.
07/15/2013
Kevin Francis Lloyd starts at Debevoise
Mr Lloyd joins from Herbert Smith Freehills LLP, where he was a senior partner in the commercial litigation group.
07/15/2013
Swinton Fined £7m Over Mis-Selling
At the FCA we have been clear in our expectation that firms must behave in the interests of consumers
07/15/2013
CMS Private Equity star Quits for Norton Rose Fulbright
CMS Cameron McKenna private equity partner Richard Bull has quit for the London office of Norton Rose Fulbright.
07/15/2013
Bakers reinforces Madrid with 20-lawyer team from Ramón y Cajal
The team will join a large full-service team at Baker & McKenzie, which already has over 50 partners in its Barcelona and Madrid offices.
07/15/2013
FINMA signed cooperation arrangements with 28 EU and EEA states
The Swiss Financial Market Supervisory Authority FINMA has Signed Cooperation Arrangements with 28 EU and EEA Member States
07/15/2013
Duane Morris Picks Up Corporate Tax Pro From Proskauer
She has significant experience in structuring private equity, venture capital and other funds, including holding companies, carried interest and deal structures.
07/14/2013
Libor: Serious Fraud Office charges two more brokers
They were arrested in December, along with former UBS and Citigroup trader
07/14/2013
Matrix goes global with Geneva launch
Gray’s Inn set Matrix has set out plans for expansion overseas after launching its first international office in Geneva.
07/14/2013
Bakers' new London head puts lawyers 'in clients' shoes' for first term
The new plan, unveiled under the catchline ‘Collaborating to Win’, puts greater collaboration at the heart of revenue generation.
07/14/2013
Hogan Lovells partners vote on Luxembourg opening with eye on summer launch
The official statement read: “We have plans to open in the country later this summer as there are a number of attractions for us in that market.”
07/14/2013
FCA cancels IFA's permissions for failing to act in clients' interests
The regulator said Gloucestershire-based Moseling had failed to comply with an award made against him by the Financial Ombudsman Service
07/13/2013
FCA chair under fresh scrutiny over Co-op crisis
Tony Shearer, former chief executive of Singer & Friedlander, said Mr Griffith-Jones was “conflicted” as chairman of the banking regulator due to KPMG’s involvement with banks.
07/12/2013
Italian court upholds release of Nomura assets
The ruling confirms the release of 1.8 billion euros ($2.35 billion) of Nomura assets that had been seized in mid-April when prosecutors alleged that the Japanese bank had mishandled the so-called "Alexandria" derivative contract.
07/12/2013
Cable to push for disqualification of disgraced bankers
The new proposals come in the wake of questions over the inability of regulators to impose any sanctions on people involved in the 2008 financial crash.
07/11/2013
Deutsche delays Tchenguiz case
The brothers believe documents held by the fraud-fighting agency will prove it had no grounds to arrest them and so strengthen their claim for damages.