02/17/2015
Banks battle to retain junior ranks as bonuses 'normalise'
In meetings across the world’s financial centres, senior bankers are having the annual conversation many have come to dread.
Legal, Regulation & Compliance
02/16/2015
Compliance: Blame Game
The charge that we face a ‘rising tide’ of legal and regulatory ‘burdens’ is hardly new
02/16/2015
Shearman & Sterling Advises Qatar Investment Authority on Offers for Canary Wharf Group
Shearman & Sterling is also advising QIA and Bidco on the follow-on £4.1 billion mandatory cash offer for the entire issued share capital of CWG which is not already held by Songbird
02/16/2015
Eversheds raids EY and KPMG to launch consulting arm
Eversheds has firm plans for further investment in and growth of the team over the coming months.
02/16/2015
GFSC signs MoU with Luxembourg
The MoU has been signed in the spirit of mutual cooperation and information exchange seen as crucial by the G20 countries and international standard setters for financial services supervisors.
02/16/2015
HSBC helps around 6,000 rich French lawyers dodge taxes
International banking giant HSBC helped around 6,000 rich French lawyers, artists, businessmen and even a World Cup winner dodge taxes, new explosive reports claim
02/16/2015
OPG Luxembourg Court Accepted Kingstown's Request To Withdraw Its Former Legal Action
The legal action, filed on 19 February 2014, notably in connection with capital increase of CPI PROPERTY GROUP of 4 December 2013
02/15/2015
Barclays fails to win dismissal of NY 'dark pool' lawsuit
The judge also dismissed a claim that Schneiderman brought under a separate state law.
02/13/2015
'Leonardo da Vinci' seized by Swiss police from vault
Police have seized a painting thought to be by Leonardo da Vinci from a Swiss bank vault during an investigation into tax and insurance fraud.
02/13/2015
Paul Crowley & Co Solicitors opens new office in Liverpool city centre
The commercial district base will house PCS Law, the firm’s new commercial law department
02/12/2015
Bank worker faces jail after helping steal £123k from account after threats to reveal naked pictures
Court hears Anisyah Ali, 25, who was working at Halifax's North Finchley branch in north London, passed confidential details to fiance
02/12/2015
Guernsey: How Is More Regulation Impacting Fund Distribution?
Dominic Wheatley, Chief Executive of Guernsey Finance, looks at the impact of regulations such as AIFMD have impacted the funds industry
02/12/2015
U.K. Regulators Investigating 67 Hedge Funds, Alts Managers
The consumer regulator had 67 investigations open as of Jan. 26 on people or firms it has approved to manage investments under the Alternative Investment Fund Managers Directive
02/11/2015
Da Vinci painting seized at Swiss bank
The painting was found to be in Switzerland in 2013 after Italian authorities were alerted
02/11/2015
HSBC could face U.S. legal action over Swiss accounts
U.S. authorities are also probing whether HSBC manipulated currency rates
02/11/2015
European Investment Bank launches lending program in Africa
EIB Vice-President Pim Van Ballekom said the new program reflects a shared commitment to support private sector in Africa
02/11/2015
MPs: FCA bank regulation is still 'weak'
The Financial Conduct Authority's (FCA) regulation of banks is still weak, as it succumbs to the pressures of the big players
02/11/2015
EU commission hopes global standard will end tax evasion
The European Commission is hoping that a new global reporting standard will eradicate tax evasion and tax fraud in the wake of the latest revelations in Switzerland
02/11/2015
Belgian judge withdraws arrest threat for HSBC directors
The Belgian judge has charged the HSBC unit with tax fraud and money laundering, accusing it of offering diamond dealers and other wealthy clients ways of hiding cash and evading tax.
02/10/2015
Leading international law firm grows European Banking practice
The announcement caps a successful year for Weil, with the firm working on $75 billion worth of bids and financings in 2014, including more than 25 deals worth over $1 billion.