07/06/2015
British Banks Reduce Deposit Guarantees To £75,000
The current limit of £85,000 will be reduced due to the euro’s weakness against the pound.
Legal, Regulation & Compliance
07/06/2015
Debt management companies come with wealth warning
Citizens Advice Scotland is urging people with money worries to shun debt management companies, who can leave them far worse off than before, and go to the real experts for free help.
07/06/2015
Serbia may tighten restrictions for Greek-owned banks: minister
Serbia may tighten transaction restrictions for Greek-owned banks there if the crisis in Greece worsens
07/06/2015
PAC set to inquire into ‘Project Eagle’ Nama sale
TD’s claims of €10m intended for figures linked with Nama sale to be investigated
07/06/2015
FCA's £819m in fines revenue gives Osborne room to fund worthy causes
Chancellor expected to give details of spending in Budget, including allocation of Barclays’ record £284m over foreign exchange transactions
07/06/2015
Regulators to get tough on bank and asset management chiefs
The rules also give the City watchdog the power to imprison senior bank staff
07/06/2015
Fried Frank Adds Asset Management Regulatory Attorney in London
This development follows Fried Frank's announcement in May about the expansion of its Asset Management Practice to Europe with the addition of Mark Mifsud, Kate Downey and Alexandra Conroy as partners in the London office.
07/06/2015
Proskauer expands Private Investment Funds practice
He has extensive experience in private equity secondary transactions, notably advising Ardian (formerly AXA Private Equity).
07/06/2015
Law firm mergers dip as economy recovers
Law firm mergers continue to decline as ‘defensive’ consolidation becomes less prevalent in an improved economy.
07/06/2015
Bankers sacked after filming mock IS execution of Asian worker
It is thought the HSBC men were in a Birmingham-based legal team
07/03/2015
JL v SL: The treatment of non-matrimonial property in the English Courts
There had been two different schools of thought about how non-matrimonial assets should be treated.
07/03/2015
UK's oldest law firm appoints joint head of private client practice.
The UK's oldest law firm, has appointed the former chief executive of BP Collins as joint head of its private client practice.
07/03/2015
FCA hands out £3m in golden goodbyes
One individual received between £150,000 and £200,000 when they left under mutual agreement.
07/02/2015
Appleby Acts For CIC Gold On London Stock Exchange IPO
Seychelles registered company floats on London’s main market
07/02/2015
Isle of Man based law and professional services group appoints divisional director
Her practice focuses on commercial and trust litigation
07/02/2015
Further legal exits for Barclays as corporate banking GC departs for Lloyds
The news follows Lloyds' hire of Davies, who will joining the group as chief people, legal and strategy officer when we retires from Linklaters at the end of the year – a year ahead of his current term.
07/01/2015
CBI survey reveals that banks cannot keep up with regulation costs
The cost of regulation and tax uncertainty are a top concern for firms across the sector.
07/01/2015
German prosecutors investigate Deutsche Bank
Frankfurt prosecutors are investigating five individuals in connection with Deutsche Bank’s participation in a global interest rate rigging scandal
07/01/2015
European Banking Federation opens office in Frankfurt
The European Banking Federation announces today that its office in Frankfurt, Germany, is open for business.
07/01/2015
Morrison & Foerster boosts City practice with Latham hire
Addition of Graeme Sloan represents milestone in expansion of MoFo’s corporate M&A capability in UK and Europe