03/12/2015
Bank sought offshore clients in midst of Revenue inquiry
Investigation into Irish HSBC accounts yields €4.6m in settlements
Legal, Regulation & Compliance
03/11/2015
Ex-Russian investigator wins $1,700 from Hermitage Capital
They accused him publicly on many occasions of committing serious crimes
03/11/2015
Leeds United: Whites reach a deal to lift Leeds City Holdings winding up order
Leeds United have reached a deal which will lift a winding-up order from the club’s former parent company, Leeds City Holdings.
03/11/2015
Spain takes over unit of Andorra bank in laundering probe
Spain's central bank has taken over a bank that caters to the rich following accusations by the United States that its Andorran owner was involved in laundering money for criminal groups from China, Russia and Venezuela.
03/11/2015
HFW continues investment with Partner promotions
Reflecting its international reach and client base, Holman Fenwick Willan has today announced Partner promotions in four of its international offices and in line with its focus on sector specialisation
03/11/2015
Santander and Deutsche Bank fail US 'stress tests'
Santander and Deutsche Bank have failed a US "stress test" designed to assess whether lenders can withstand another financial crisis.
03/10/2015
Mishcon, Latham and OC up against City elite as shortlists announced for 2015 Legal Business Awards
Clifford Chance, Mishcon de Reya, Osborne Clarke and DLA Piper are among those vying to win prizes at what promises to be the largest-ever Legal Business Awards.
03/10/2015
HSBC scandal escalates, Argentina demands 3.5 bln USD
Argentina's tax chief said Monday that the country demands HSBC Holding PLC to repatriate 3.5 billion U.S. dollars as the bank's Argentine branch moved offshore to help clients evade taxes and move capital abroad.
03/10/2015
Linklaters appoints global head of finance & projects division
A partner at the firm since 1999, Michael is recognised as one of the world’s leading financial services lawyers and currently heads Linklaters’ Global Financial Regulation Group, acting for investment banks, asset managers, exchanges and clea
03/10/2015
The Future of Banking – a Central Banker’s view
Speech by Yves Mersch, Member of the Executive Board of the ECB, at the Economist Future of Banking Summit in Paris, 10 March 2015
03/10/2015
FCA statement on Connaught
The period for the negotiations has been extended
03/10/2015
Bank executives reject ECB consolidation call
Many European banks are struggling to lift profitability after years focused on slimming balance-sheets and raising capital in the face of tougher regulations following the 2007-2008 financial crisis.
03/09/2015
Global Banks Are Blocking Funds For British Charities
The Overseas Development Institute has warned that the reaction of the international banks is a direct result of the counter-terror laws in the U.K.
03/09/2015
Central Bank inspectors investigating shadow lenders
The ECB needs to make sure it isn’t hiding any risky practices that could destabilise the system
03/09/2015
ECB Buying Starts New Era for Bonds, Euro
Currency heads toward parity with dollar; paying to hold debt
03/09/2015
EBA pay rules could force asset management firms to change business models
New proposals would force asset managers to comply with rules limiting bonuses and allowances
03/08/2015
Des O’Malley not on offshore Ansbacher accounts dossier
The Irish Examiner has obtained undisclosed letters sent to Ceann Comhairle Seán Barrett and formal complaints lodged about Ms McDonald’s comments, including correspondence from Mr O’Malley.
03/08/2015
Tory candidate revealed as ‘banking whistleblower’
A CONSERVATIVE parliamentary candidate fighting a west of Scotland seat is a “banking whistleblower” at the centre of a billion-dollar lawsuit between the Libyan government and one of the world’s largest investment banks
03/08/2015
Ex-Sarkozy aide arrested in Libya funding probe
Sarkozy says the document is a forgery.
03/06/2015
One of Scotland's best known law firms sued over an alleged hedge fund fraud
At a preliminary procedural hearing at the Court of Session before Lord Woolman, Richard Keen QC, acting for liquidator Paul Duffy, said the action proceeded on the basis of "breach of fiduciary duty and dishonest assistance" and alleged there h