08/11/2015
Half million pound FCA fines against Catalyst directors upheld
Fines totalling half a million pounds levelled against the former CEO and a director of failed traded life settlement investment firm Catalyst have been upheld.
Legal, Regulation & Compliance
08/11/2015
Barclays exits continue as M&A legal chief departs for International law firm
He specialises in M&A and corporate finance transactions in the financial institutions sector, having previously been Head of the M&A Legal team at Barclays.
08/10/2015
Banks braced for mis-selling bombshell
Big lenders warn of potential multi-billion pound compensation claims in new payment protection insurance scandal
08/10/2015
Greek Banks at Risk of Collapsing
This needs to be done before the autumn stress tests of Greek banks are conducted.
08/10/2015
NZ Super Fund's debt claim against Portuguese bank OK'd for UK court
The central bank of Portugal bailed out BES, splitting its assets and loans into a good and bad bank, with the bank's main shareholders forced to leave their interests in the bad bank.
08/10/2015
Anderson Strathern boosts private client team
Law firm Anderson Strathern has bolstered its team in Edinburgh by hiring the former head of rival DWF’s Scottish private client practice.
08/10/2015
Wealth planning update - Withers
With this newsletter we would like to bring to your attention a number of international developments that are likely to be relevant for clients and their advisers alike.
08/10/2015
EC rules out Mifid II implementation delay
Mr Cornwall said firms will clearly be making estimates and probably bringing in quite heavy contingencies
08/10/2015
Treatment of companies managed outside Jersey
Jersey companies may (contrary to the default position) be treated as exclusively tax resident in jurisdictions other than Jersey pursuant to Article 123(1)(a) of the Income Tax (Jersey) Law 1961.
08/10/2015
Shoosmiths shortlisted for 2015 Law Society Excellence Awards
Stated judging criteria included the need for finalists to demonstrate the necessary capacity and technical expertise to undertake complex and demanding private client issues
08/10/2015
Under fire Walker to step down as Deutsche Bank's general counsel by year-end
The bank also suffered a sharp fall in profits after setting aside litigation expenses of €1.5bn in the first quarter of this year.
08/10/2015
IMF thinks Greece needs third bailout worth 90 billion euros - German daily
The paper said the IMF was at odds with its European partners over the size of the bailout
08/07/2015
MMIF Reporting: An Ongoing Challenge for Fund Administrators
The timeline for MMIF reporting has been tight and the resources required to complete the submission process have been substantial.
08/07/2015
Kids Company boss Camila Batmanghelidjh turned HQ into private 'Aladdin's den'
A former worker lifts the lid on a culture of waste and extravagance, including claims the charity's founder had five personal assistants at one stage
08/06/2015
HSBC sued for £15 million over racism allegation
His lawyers filed documets at a London employment tribunal on 4 August saying that Biber was treated with 'utter disrepect' by the bank where he had worked for 10 years.
08/06/2015
Serious Fraud Office launches investigation into Quindell
The insurance outsourcer revealed it paid founder Rob Terry £1.5m to leave the company following a share-dealing scandal
08/05/2015
FCA drops Libor case against ex-UBS trader
Koutsogiannis refused to give evidence during the trial
08/04/2015
Deutsche Bank Said to Be Probed by DOJ on Russia Mirror Trades
U.S. federal prosecutors are investigating billions of dollars of trades Deutsche Bank AG made on behalf of Russian clients as recently as this year, according to people with knowledge of the situation.
08/04/2015
HK regulator fines BNP Paribas $1.9 million for 'dark pool' trading
Hong Kong securities regulator said on Monday it fined French bank BNP Paribas HK$15 million ($1.93 million) for failures related to "dark pool" trading.
08/04/2015
So, this is what Tom Hayes’ former assistant at UBS is doing now
Where are they all now? A brief trawl of the internet suggests most have sunk into welcome oblivion.