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.
Legal, Regulation & Compliance
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.
09/24/2015
Rival arms of Rothschild dynasty head for battle
A dynasty at war?
09/24/2015
Wembley City trader accused of £73m scam
A City trader from Wembley posed as a multi-millionaire with links to the Vatican and the Spanish nobility in an elaborate £73 million scam
09/24/2015
Banking sector very dynamic
Other European jurisdictions are not keen to license new banks