05/20/2014
Ex-Rothschild Banker Says Hypo Was a ‘Fit’ for BayernLB
Seven former BayernLB executives are on trial over the purchase of Klagenfurt, Austria-based Hypo Alpe-Adria in 2007
Legal, Regulation & Compliance
05/20/2014
Britain's biggest banks to submit to annual progress reports in bid to restore public trust
Rebuilding confidence and trust in the banks is especially vital in the UK
05/20/2014
Ex-trader Jerome Kerviel turns himself in to French authorities
He was convicted of breach of trust, forgery and fraudulent data manipulation.
05/19/2014
Civil Penalty Shoot-Outs: Only Ever One Winner by Simon Harding, Appleby
Recent published decisions of the enforcement division of the UK Financial Conduct Authority (FCA) have provided for significant civil penalties against high profile financial institutions.
05/19/2014
Financial Sanctions Regimes by Claire Milne, Appleby
Due to the on-going conflicts in Syria and Ukraine, there has been much in the press recently about financial and economic sanctions
05/19/2014
The UK Takeover Code - Does It Apply To You? by Gillian Crennell, Appleby
Given the significance of these developments, it is worth reminding companies of the changes that took place.
05/19/2014
Deutsche Bank video warns traders not to be vulgar, indiscreet or brag
German bank runs out of patience with 'Wolf of Wall Street'-style behaviour
05/19/2014
Chicago-based law firm creates London asset management group with double hire
The firm has also promoted former Sidley Austin funds partner Barry Breen to head of London financial services.
05/19/2014
ase Update: Barlcays settles two LIBOR cases - Michael Clark, Clyde & Co
In an Update in December 2013, we discussed the status and implications of two cases concerning the alleged mis-selling of LIBOR-related derivatives products.
05/19/2014
Globalaw predicts the next 20 years
The rich are going to be heavily impacted by ongonig regulatory change
05/18/2014
Plans to de-risk ‘too-big-to-fail’ banks face hurdles in Europe, Asia
Global plans to prevent taxpayers from having to pay for big bank failures are at risk because banking supervisors in Europe and Asia do not fully support some of the proposals aimed at drawing a line under the 2007-2008 financial crisis.
05/16/2014
City broker fined £1.3m over Libor rigging
Interdealer brokers are expected to act as trusted intermediaries and are key conduits of market information
05/15/2014
Italy top court orders reassessment of Monte Paschi, Nomura deal
Italian prosecutors investigating the derivative contracts at Monte dei Paschi ordered in April 2013
05/15/2014
US prosecutors take harder line against European banks
The US Justice Department is seeking tough criminal penalties against European giants Credit Suisse and BNP Paribas as prosecutors aim to demonstrate that no institution is "too big to jail."
05/15/2014
Finally bringing bankers to book: David Green flexes muscles at helm of Serious Fraud Office
We should not be entirely surprised by Green’s willingness to question some of the biggest names in finance including former Barclays chief executives
05/15/2014
IMA's pounds and pence fee plans approved by regulator
Proposals that will see fund managers break down profits and losses in pounds
05/14/2014
Clifford Chance Announces New Partnership Council Member
Clifford Chance has today announced that Munich Finance partner
05/14/2014
Hogan Lovells to shut up shop in Prague
Hogan Lovells is to close its Prague office this summer following a strategic review of the market
05/14/2014
Jonathan Brook joins Eversheds’ London litigation team as partner
Eversheds has expanded its London litigation team with the appointment of partner Jonathan Brook, who joins from Freshfields.
05/14/2014
Senior trader’s career mistakenly ruined by FCA
Traders in the City of London who have been affected by the LIBOR and FX-fixing investigations can draw comfort this morning from the case of Clive Roberts, the former head of equities at Exane BNP Paribas.