01/04/2016
Two convicted of insider dealing in Operation Tabernula trial
A group of men are due to appear in court in January over allegations of insider trading as part of the financial watchdog's Operation Tabernula
Legal, Regulation & Compliance
01/04/2016
HSBC's Swiss unit facing German tax probe -SonntagsZeitung
Lawyers for HSBC are negotiating with authorities for a settlement which should also include a solution for the employees
01/04/2016
Property company insolvencies rise in UK to 6-year high
Overall rise in insolvencies “is down to improved property prices”
01/04/2016
Debevoise Names Six New Counsel and International Counsel
Their promotions became effective on January 1.
01/04/2016
HSBC snaps ties with Islamic Relief over 'terror' fears
Islamic Relief receives millions of pounds from the Department for International Development.
01/04/2016
UK and Irish companies most optimistic in EU
British companies in particular have reported big increases in their expectations for exports and profitability over the year ahead, according to the research findings.
01/04/2016
Dealwatch: Freshfields acts for Deutsche Bank as it sells ¥25.7bn of Chinese assets
Freshfields was among several firms awarded positions as Deutsche Bank's go-to advisers after the bank finalised its global legal panel
01/04/2016
City focus: A quarter of Akin Gump partners made up in London in latest promotions round
Those US cities each saw two lawyers made up to partner.
01/04/2016
Sberbank Chief Predicts Regulation Will Lead to Rough Times For EU's Banks
German Gref, Head of Russia's Sberbank, criticized the European Central Bank's regulatory policy and forecasted a "very difficult period of time" for European banking in the future.
01/04/2016
Ipes and KPMG sign agreement to provide investors with certain services
One of the first deadlines for clients to be aware of is the deadline for FATCA reporting for US and UK investors in May/June 2016.
01/04/2016
Cofunds announces improved drawdown visibility
This will enable them to manage their clients’ decumulation strategies and ultimately plan and manage their wealth effectively and tax efficiently.
01/04/2016
Art dealer Wildenstein accused of huge French tax fraud
This “hidden” estate consisted of properties in New York and the Virgin Islands
12/31/2015
Apple to Pay $348 Million to Settle Italy Tax Probe
Authorities in Milan told the publication that Apple was under investigation for failing to declare earnings in Italy from 2008 through 2013.
12/31/2015
FCA will not publish key report into Britain’s banking culture
Regulator decides to work directly with banks to address concerns over 'remuneration, appraisal and promotion decisions'
12/31/2015
World Gold Council Wants to Create Standard to Avoid Islamic Finance Disputes
The 18-member council and Amanie Advisors issued a consultation draft in November to Shariah professionals and practitioners.
12/31/2015
Hungary state asset manager sues FHB to increase stake in mortgage bank
At an EGM on Monday 28th December, the shareholders of FHB Mortgage Bank approved a capital raise by issuing new stock capped at HUF 4.45 billion, the statement reminded.
12/30/2015
Russian banker Gitelson seeks for his own bankruptcy
The DIA argued that the defendants did damage to the bank in the said amount by approving unrecoverable loans.
12/30/2015
Barclays fined $13.75m by US regulators
Barclays did not admit or deny wrongdoing in agreeing to the settlement
12/30/2015
British banks on the hunt for legal talent
'Pressure from regulators has played a critical role in driving recruitment within banking and financial services,' commented Robert Walters' chief executive for EMEA Chris Hickey.
12/29/2015
UK banks receive first report cards from Banking Standards Board
Assessments sent to Barclays, HSBC, Lloyds, RBS, Santander, Standard Chartered, Nationwide, Metro, Citi and Morgan Stanley