03/24/2013
To better service its clients ahead of AIFMD, BNP Paribas continues to ramp up its global offering to better support asset managers and institutional clients throughout this latest implementation phase.
03/24/2013
The FPC's pronouncement on the actual size of the shortfall are expected on Wednesday, shortly after the Financial Services Authority (FSA) sets out proposals to enable new banks to be set up more easily by allowing them to hold less capital than hig
03/24/2013
“Seeking documents from the Liechtenstein fiduciaries is an important investigative step,” which will shed light on “the roles of banks, of bankers outside of Liechtenstein,” the Justice Department wrote in the letter
03/20/2013
Credit Agricole to appeal against Emporiki tax decision
The capital boost was a condition of Credit Agricole's sale of Emporiki to Alpha Bank of Greece, which closed last month.
03/20/2013
IMF Chief’s Home Searched by French Police
The court opened its investigation into whether there was “complicity in forgery” or “complicity in misuse of public funds”.
03/20/2013
FSA announces stockbroker placed in administration regime
The firm’s placement into the regime marks the fourth time the SAR has been initiated by the FSA.
03/20/2013
“Now we’re at the top. But in this global race, we cannot keep still,”
03/20/2013
Troyan died on 8 March at his flat in Mount Street, Mayfair, central London.
03/20/2013
Sir John Peace, the chairman of Standard Chartered, has been forced to issue a humbling apology for claiming that the bank had no “wilful” intention to break US sanction rules.
03/19/2013
Rothschild Loses Daily Mail Libel Suit Appeal in London
Rothschild lost his bid to replace the chairman and chief executive officer of Bumi last month.
03/19/2013
Dodd-Frank Swap Data Fails to Catch JPMorgan Whale, O’Malia Says
“The problem is so bad that staff have indicated that they currently cannot find the London Whale in the current data files.”
03/19/2013
His resignation comes at a sensitive time for Hollande's government as it undertakes a process of redrafting deficit reduction plans vital to maintaining fiscal credibility with France's euro zone partners.
03/19/2013
Having taken these positions into account, The COBA Project has concluded that there is insufficient support to pursue implementation as proposed. The COBA Project has been suspended pending the consideration of alternative proposals.
03/19/2013
The banking sector has been rocked by repeated scandals over the manipulation of Euribor and its London-set equivalent, the Libor.
03/18/2013
A&O US financial services regulatory chief exits to join Milbank
While at A&O, he represented some of the largest US and foreign financial institutions.
03/18/2013
The systems and controls failings meant crucial information was not available to investors on a timely basis.
03/18/2013
Deutsche Börse AG disclosed that it faces a claim of about €115 million
03/18/2013
The move will stop more money going into Cypriot accounts
03/18/2013
Figure nicknamed the 'gangsters' lawyer', whose clients included Manuel Noriega, discovered near Brittany island of Boëdic
03/17/2013
Bloxham, a limited partnership, was ordered to cease trading by the Central Bank last summer