01/22/2016
JP Morgan's threat to leave if UK quits EU may bolster support for Brexit
British voters do not have much affection for investment bankers – many will see vague threats to go elsewhere as arrogant
Legal, Regulation & Compliance
01/22/2016
FCA proposes more flexibility for crowdfunding platforms
Crowdfunding refers to funding a project by raising small sums of money from a large number of people, typically over the Internet.
01/22/2016
HMRC tax dispute specialist joins global alliance of lawyers
London-based international law firm Edwin Coe has become a member of a global alliance of lawyers spread across 41 countries.
01/21/2016
Outrage as investment bank Goldman Sachs gives SIX-FIGURE sum to pro-Brussels lobby
The revelation that it is trying to influence the outcome of the upcoming in/out referendum on Britain's membership of the EU provoked outrage today
01/21/2016
Another Russian bank's license revoked
The decision was taken due to the bank’s failure to abide by federal laws regulating banking activities
01/20/2016
EU further delays vetting of hedge fund rules outside the bloc
A positive view means that asset managers based outside the EU would be given a “passport” to continue offering services to investors across Europe, replacing a system of country-by-country private placement authorisation.
01/20/2016
Appleby acts for Lloyds Banking Group in sale of CMI
RL360 acquires CMI insurance operations
01/20/2016
Pinsent Masons recognised among top five inclusive employers in Stonewall Index
International law firm Pinsent Masons is celebrating being recognized for its commitment to workplace diversity in the 2016 Stonewall Workplace Equality Index.
01/19/2016
Managing directors' risk in your companies - Eversheds
The liability of directors has never been more blatant, and rightly so, with the duties of directors becoming an ever-growing concern for those who continue to take on the responsibility of directing major corporations, including their in house legal team
01/19/2016
‘A real achievement’: Pinsent Masons tops Stonewall rankings for LGBT inclusive law firms
The index tracks equality in the workplace including policy, staff engagement and career development.
01/19/2016
Basel rules to cost banks €40m-€120m each, says study
These divisions already have seen their returns cut by higher capital requirements imposed in the aftermath of the financial crisis.
01/19/2016
Deutsche Bank to Face British Lawsuit Over High-Speed Trading
Deutsche Bank denied the claims in the lawsuit
01/19/2016
Leaked Recording Upends Case of 'Rogue Trader' Convicted of Losing Bank Billions
Kerviel insists that his bosses were aware of his trades, and that they share responsibility.
01/19/2016
Christian Aid Urges Davos to act on Swiss bank secrecy
Its role in helping the wealthy and powerful evade hundreds of millions of pounds of tax was exposed last year in the SwissLeaks scandal
01/18/2016
Profit pressure and due diligence failings: Why the PRA fined Co-op bosses £261k
It uncovered multiple examples of Tootell pressuring staff to amend monthly financial data to improve short-term profits and capital positions.
01/18/2016
Layoffs Hit Law Firm
Reed Smith isn’t the first firm to conduct layoffs in recent years, and probably won’t be the last.
01/18/2016
St Lucia snubs Britain by refusing to waive immunity for Saudi billionaire
The Caribbean island turns down Britain's official request to lift Walid Juffali's diplomatic immunity before London court case starts on Monday
01/15/2016
Allied Irish, Citigroup settle litigation over rogue trader
The accord averted a trial scheduled to begin on Jan. 25, over a fraud that was at the time among the largest to involve unauthorized trades.
01/15/2016
International law firm launches Luxembourg office
Following approval granted by the Luxembourg Bar, the office is set to open today, 12 January.
01/15/2016
Collas Crill advises on Darwin bereavement fund
Darwin was, among other accolades, named ‘Alternatives Manager of the Year’ at the 2015 LAPF Investment Awards and 'Alternative Investment Manager of the Year' at the 2015 European Pension Awards.