09/29/2015
ITFA elects new chairman
He takes over the position from Paolo Provero, who retired from his role as general manager of the Milan branch of ABC International Bank in May this year.
Legal, Regulation & Compliance
09/28/2015
Volkswagen scandal costs Qatar's sovereign wealth fund £3.3bn
Qatar Holding hit hard by losses on German car maker stock market bets turn sour
09/28/2015
The eagle has landed
In the aftermath of the global financial crisis the firm has differentiated itself by adopting a multi-disciplinary approach to solving clients’ legal issues
09/28/2015
Swiss authorities probe seven banks for price fixing in metals market
The competition authority said it especially suspected the banks had fixed the prices of bid/ask spreads within the market.
09/28/2015
Deutsche Bank Executive Wrongly Fired on `False' Sex Complaints
The decision, issued in December and only released this week, criticized the bank’s handling of the complaints.
09/25/2015
ECB Faces Defiance on Bank Oversight as Germany Hoards Power
The Frankfurt-based ECB, which assumed supervisory powers over euro-area banks last November, is considering complaining at the European Commission
09/25/2015
Deutsche Bank must face $190 mln US tax fraud case
The government accused Deutsche Bank of using shell companies to avoid capital gains taxes on Bristol-Myers Squibb
09/25/2015
Global estate planning forum STEP opens India chapter
The opening of the India chapter is significant as it marks the coming together of competitors
09/25/2015
Deutsche Bank must face fraud case
The government accused Deutsche Bank of using shell companies to avoid capital gains taxes on Bristol-Myers Squibb
09/25/2015
Mills & Reeve on the move in London
We also have a growing international private wealth offering based in the City focusing on high-net worth individuals
09/25/2015
French Financial Prosecutor Challenges Bank Chief's Acquittal
Shares in Natixis SA, the bank’s investment-banking division, jumped as high as 2.8 percent on the news.
09/25/2015
Ex-Deutsche Bank Manager Cloete Slams German Libor Criticism
Deutsche Bank paid a record $2.5 billion in fines to global authorities in April
09/25/2015
Award-winning banker who was knocked off his motorbike is suing 'the white van man responsible' for £200,000 – because it meant his bonus went down
He is now suing the driver he holds responsible and claims his bonus took a hit as a direct result of the time he had to take off work.
09/25/2015
'Flash crash trader' faces extradition to US
His lawyers are likely to argue against extradition on the grounds of his recently diagnosed severe Asperger's Syndrome
09/25/2015
Wealth firms call for FSCS reform
In his view, the Financial Conduct Authority (FCA) and FSCS cannot continue to raise fees and expect firms to pay up.
09/25/2015
US Signs Competent Authority Agreements With UK, Australia
The new CAAs lay down a framework for the automatic exchange obligations contained in the IGAs
09/24/2015
ECB cuts Deutsche, State Street from ABS purchase program
A source familiar with the situation said Deutsche Asset & Wealth Management's contract had not been renewed.
09/24/2015
Nomura Reaches $492 Million Settlement of Monte Paschi Claim
Nomura will pay 440 million euros $492 million to Monte Paschi while unwinding the transaction, the Tokyo-based firm said Thursday in a statement on its website.
09/24/2015
Meiji Yasuda seals partnership with UK's No. 2 asset manager
The Japanese insurer and its new business partner plan to jointly develop high-yield asset investment products, with foreign bonds to be included in the portfolios.
09/24/2015
French prosecutor calls to dismiss negligence probe into IMF's Lagarde: source
There was no immediate confirmation from the CJR, a special court established to try cases of ministerial misconduct.