08/12/2012
The hedge fund, WCG Management, sent an email to its investors on Sunday informing them that the $3.4 billion fund is not under investigation in the Libor probe, but confirmed that portfolio manager Ryan Reich has drawn scrutiny from U.S. prosecutors.
08/12/2012
The country’s parliament approved the increase last month as part of a supplemental budget.
08/12/2012
The London-based firm also continued its reign as the top firm for the number of Aim-listed clients (31 October 2011) and increased its growth in litigation for the third year running.
08/12/2012
A raft of firms including Maclay Murray & Spens, Norton Rose, Taylor Wessing and Tods Murray scooped roles as property fund Picton Property Income secured £209m from Aviva and Canada Life to refinance one of its portfolios.
08/12/2012
The US, UK, France, Germany, Italy, and Spain have jointly issued drafts of two versions of model agreements implementing FATCA through a process of intergovernmental information exchange (the “Model Agreements”).
08/09/2012
The FINRA/CISI MoU will ensure that relevant FINRA members holding the Series 7 – General Securities Representative Examination -- will be able to maintain or achieve authorisation as Retail Investment Advisers in Securities and/or Derivatives from
08/09/2012
The EMIR Regulation is intended to reduce the risk associated with the OTC derivatives market and establish common rules for central counterparties and trade repositories.
08/09/2012
Following the recent LIBOR scandal, which has already seen Barclays fined £290m by US and UK regulators for manipulating the rate, the UK regulator will today set out a package of proposals designed to restore trust, the Financial Times reports.
08/08/2012
A spokesman for the state's Finance Minister Norbert Walter-Borjans told Dow Jones Newswires the minister doesn't comment on single cases, and that the ministry receives and examines data regularly.
08/08/2012
But now that a state regulator in New York has accused Standard Chartered, one of London’s most reputable banks, of colluding with Iran, Britain seems to be drawing a line against what many here consider American overreaching.
08/08/2012
Japan's biggest bank has suspended a London-based trader over the widening interest-rate rigging scandal in Britain that has rocked confidence in financial markets.
08/08/2012
The deal is set to follow the same formula as the magic circle firm's tie-up with Australia's Allens Arthur Robinson, which subsequently rebranded as Allens, and is expected to consist of a formal referral agreement and one or more joint venture
08/08/2012
Fraud inquiry threat to Barclays over Arab bailout
Serious Fraud Office collaborating with City watchdog's investigation into controversial deal
08/08/2012
IFA Centre managing director Gill Cardy met the FSA last month to discuss concerns among members about the lack of an effective whistleblowing process to highlight poor practice and risky products.
08/07/2012
Auditor Deloitte has rejected claims it helped Standard Chartered hide $250bn (£161bn) of illegal Iranian transactions in the latest scandal to embroil the industry.
08/07/2012
Case involving a bounced cheque in Abu Dhabi could cause problems for Britons looking to buy property in the UAE.
08/07/2012
At Southwark Crown Court today, Harper, age 50, admitted a single charge of fraud by abuse of position by submitting false invoices to claim payments, reported the BBC.
08/06/2012
Standard Chartered has firmly rejected claims that it “schemed” with Iran to conduct secret transactions worth $250bn (£160bn). Here is its statement in full.
08/06/2012
The club declined to disclose the identity of the investors or the financial terms of the deal, which will will see the Chinese investors become the second-largest stakeholders behind the Moratti family.
08/05/2012
The inter-governmental rules were made in conjunction with France, Germany, Italy, Spain and the UK, which have all made reciprocal agreements with the US.