11/04/2014
Ropes & Gray Names 20 New Partners in Eight Offices Worldwide
Ropes & Gray proudly announces that 20 attorneys have been named partners of the firm, effective November 1. In addition, the firm named two attorneys as counsel.
Legal, Regulation & Compliance
11/04/2014
Global Private Bank CTO and Deloitte Director Join Expert Panel
The panel will feature Nick Taylor, Director of IAM at Deloitte and Andrew Bennett, CTO at global private bank Kleinwort Benson and will take place on Wednesday 12th November at 12:15 p.m. at the Hotel Russell in London.
11/03/2014
Offshore firms: in the zone
London is an increasingly important hub for offshore law firms, which are winning business from City-based financial institutions, and clients in Russia, western Europe and sub-Saharan Africa.
11/03/2014
Standard Chartered probed over sanctions
US authorities are investigating London-based Standard Chartered for potential US sanctions violations connected to Iranian-controlled entities in Dubai
11/03/2014
Law firms unite to create major wealth management force
Law firms Charles Russell and Speechly Bircham have combined to create a significant player in wealth management.
11/02/2014
BNP CEO: French banks should pay only two thirds of bailout contribution
French banks should pay only 10 billion euros of the 16 billion they are being asked to contribute to a proposed EU bailout fund,
10/31/2014
Saudi Sheikh launches $10bn lawsuit against Barclays over banking licence fraud
Claims Barclays 'hatched a fraudulent' scheme
10/31/2014
Lloyds Banking Group appoints new retail GC
He had been working closely with Morgan on the asset finance side of Project Canberra - the bank’s decision to outsource its retail and asset finance litigation teams to a panel firm (29 July 2013 ).
10/31/2014
Banker stole £5m from parishioners to fund gambling habit and told one victim: God said I should call you
The married father of three, a former magistrate, has now been jailed for six years
10/31/2014
IFLR ranks Ogier as a top-tier firm for funds and corporate and finance in Guernsey
IFLR highlighted the firm’s stand-out deals for Guernsey as acting for Sherborne Investors Management in relation to the establishment of Sherborne Investors and its listing on the London AIM market, and advising EFG International on its CHF180m not
10/31/2014
Cybercrime genius jailed after £6.3m theft from RBS
Estonian hacker Sergei Tsurikov, 30, was extradited from the capital, Tallinn, to Atlanta, Georgia accused of leading a gang that used corrupted ATM cards to rake in a fortune.
10/31/2014
Charity commission compliance case: conflicts, restricted funds and SORP by Chris Priestley, Withers
The Charity Commission spells out the importance of managing conflicts of interest, identifying restricted funds and filing SORP compliant accounts in an Operational Compliance Report.
10/31/2014
UK prepares ground for advance succession planning
Intention is not to let companies flounder by sudden top management exits
10/31/2014
LSK’s Assya Unit Wins Payment Protection Bid at Court
LSK & Partners, Assya Asset Management and Thierry Leyne were ordered on Oct. 3 by a Luxembourg judge to pay 2 million euros
10/30/2014
EU needs to consider retail market consumers
Ms Field also appealed for a period of calm, adding: “After five years of implementing transformative pieces of legislation post-crash, we need to have a cumulative impact assessment of their effects and an audit of whether all member states are app
10/30/2014
Barclays sets aside £500m for currency rigging fine
Bank is first from UK to set aside funds for foreign exchange settlements, as it reports 5pc rise in profits and earmarks extra £170m for PPI costs
10/30/2014
U.K. Banks Bracing for Tougher Leverage Ratio Than Europe
U.K. banks are bracing themselves for tougher debt-financing limits than their European competitors as executives warn that higher leverage ratios will lead to more expensive loans for homeowners.
10/29/2014
SFO charges ex-Tullett Prebon trader over Libor manipulation
This brings to thirteen the number of people facing charges in respect of LIBOR.
10/29/2014
Innovation: The regulatory opportunity by Martin Wheatley, Chief Executive of the FCA
I am giving an update today on Project Innovate, an FCA initiative to foster innovation in financial services. Today marks a key milestone.
10/29/2014
FCA proposes restricting sales of mutual society shares
The Financial Conduct Authority (FCA) is proposing to place new requirements that would apply when mutual society shares are sold to ordinary retail investors.