02/05/2016
Bank says the cap, which limits bankers’ bonuses to 100 per cent of their salaries, has had the unintended consequence of increasing fixed pay and limits the ability to claw back bonuses in the event of wrongdoing
02/04/2016
This marks the debut for the ambitious international expansion of the Cicerone Fund, an Italian property fund dedicated to Cassa Forense
02/04/2016
UK real estate has seen significant inward foreign investment since the financial crisis, with Malaysian investors at the forefront of the most recent wave.
02/04/2016
Rosenbaum declined to comment further on the potential U.K. tie-up.
02/04/2016
In a consultation paper published today, the FCA proposed changing the current rules which mean investors cannot lodge a complaint about poor advice on P2P agreements.
02/04/2016
Deutsche Bank AG must face a U.S. lawsuit seeking to hold it liable for causing US$3.1 billion of investor losses by failing to properly monitor 10 trusts backed by toxic residential mortgages
02/04/2016
Rates swaps are usually classified as less risky and capital consumptive than equity or credit derivatives.
02/04/2016
On 27 January 2016, the FCA issued a statement to clarify an issue that there is uncertainty in the market as to whether an individual in charge of a firm’s legal function requires approval under the new Senior Managers Regime (SMR) when it enters i
02/04/2016
Santander plans to have a force of 225 advisers across the country by the end of March.
02/04/2016
French couple sued former IMF head on financial fraud and misuse of corporate assets.
02/04/2016
BSI is a relative latecomer in Singapore's private banking scene, having started business here only in 2010.
02/04/2016
Employment law specialist targeting growth in city after recruiting non-executive director David Ost
02/03/2016
Esma studied the performance and disclosure documents of 2,600 funds across Europe over 2012-2014 and found that between 5 and 15 per cent of retail equity funds “could potentially be closet indexers”.
02/03/2016
Two senior compliance staff hired by HSBC Saudi Arabia, a subsidiary of the main British bank, have unaccredited business degrees, a Channel 4 News investigation finds.
02/03/2016
Regulators fine firms £18mn after insurer collapses
This misconduct contributed to the failure of several insurance schemes as well as to three insurers going into administration.
02/03/2016
Major international law firm opens its own Iran office in Tehran
This includes the right to provide legal advice in Iran.
02/03/2016
Delaware Court Enforces ‘Good Faith’ Negotiations, New Disclosure Requirements for UK Companies and UNFCCC Adopts ‘Paris Agreement’
02/03/2016
Britain has clashed with Brussels on various elements of financial regulation introduced since the crisis, most prominently on the issue of a cap to banker bonuses.
02/02/2016
Gazprombank’s London office had been effectively dormant since 2012, when the bank withdrew its application for a UK investment banking license after authorities demanded more information about its shareholders, Bloomberg reported at the time.
02/02/2016
The court rejected an appeal by HSBC that charges first brought in April for facilitating tax fraud and illegal practices be dropped.