06/06/2013
FFW bulks up London corporate with Eversheds ECM head
Matthews is expected to join FFW in August as a partner in the City’s firm’s London corporate practice and is currently on gardening leave
Legal, Regulation & Compliance
06/06/2013
Raiffeisen reviews compliance after Stepic affair
Raiffeisen Bank International will tighten up its compliance rules
06/06/2013
SJ Berwin partners gather in Marbella for crunch meeting on KWM merger
SJ Berwin is set to put its potential merger with Asia-Pacific firm King & Wood Mallesons to partners this weekend (8-9 June) for the first partnership-wide discussion on the deal since tie-up talks began.
06/05/2013
Clifford Chance Joins Linklaters in Raising London Lawyers’ Pay
Three of the U.K.’s highest-grossing law firms raised salaries for London lawyers, who can earn as much as 65,000 pounds ($99,000) in their first year after qualifying to practice.
06/05/2013
London threatened by plans to move Libor regulation to Paris
Brussels has drawn up proposals to formalise regulation of a range of pricing structures, from the Libor inter-bank lending rate to benchmarks for oil and gold. Under the plan, Libor would come under the supervision of the European Securities and Markets
06/05/2013
Watchdog fines Sesame £6m for advice failings
THE Financial Conduct Authority (FCA) has fined investment firm Sesame £6m for selling life insurance settlement products known as death bonds to customers without spelling out the risks.
06/04/2013
Barclays executive accused of lying in £140m case
CF alleges Barclays “misused” confidential information the trading house had provided “to their own unfair advantage”, while also breaching “obligations of confidence”.
06/04/2013
Act now to ensure compliance with UCIS ban - Moore Stephens
The FCA have today released their Policy Statement 13/3 confirming the restriction of marketing and distribution to the retail market of risky and complex products now defined as Non-Mainstream Pooled Investments (NMPIs).
06/04/2013
Capital Markets are Unprepared for OTC Derivatives Central - RESEARCH
Results show that 53% of capital markets respondents are not ready to centrally clear interest rate and credit default swaps
06/04/2013
FCA fines Essex-based adviser for unauthorised sales
The Financial Conduct Authority has fined an Essex-based sole trader £63,000 for advising on mortgages despite previously having his permissions stripped.
06/03/2013
Shepherd & Wedderburn adds two partners from Addleshaws and Kennedys
Partner Jonathan Rickard joins from Addleshaws, where he was head of real estate in London.
06/02/2013
Libor-rigging scandal haunts Barclays and Deutsche Bank
Barclays and Deutsche Bank face potentially embarrassing fresh allegations about Libor-rigging in a court hearing set for October.
06/02/2013
Private client teams: Rich tapestry
For many years private client work has been seen as the preserve of a handful of smaller, specialised firms acting for very rich people who live a privileged lifestyle alien to most.
06/02/2013
New global legal practice Norton Rose Fulbright launches today
Transatlantic combination one of the largest in the history of the legal profession
06/02/2013
Osborne Clarke raids former Belgian ally for Brussels launch
For our clients the ability to get our practical, straightforward advice at the heart of the European Union is vital.
06/02/2013
City and international law firm appoints new head of private wealth
His expertise spans all facets of domestic and international private wealth and taxation
06/02/2013
ABN Follows ING to Court as Dijsselbloem Calls Foul on EU Terms
The Netherlands is seeking to loosen the shackles the European Union placed on rescued Dutch banks,
06/02/2013
EU watchdog says short-selling rules need changing
However, ESMA is advising the European Commission to consider adjusting a number of aspects in the regulation that do not alter its main elements,
05/31/2013
UBS France put under formal investigation -judicial source
UBS France is being investigated by the French judiciary on whether it offered potential French clients investments that were allegedly designed to evade taxes.
05/30/2013
Eversheds overhauls sector focus with leaders named for four new indust
The overhaul, which comes after chief executive Bryan Hughes last summer set out the firm's new three-year strategy, has seen the creation of four new sectors – propcos; public sector; consumer; and diversified industrials – and has invol