10/17/2014
The Standard, the first of its type, introduces a new minimum benchmark for businesses administering international trusts and companies to follow. It was formally adopted at GIFCS’ Plenary meeting last month.
10/15/2014
The change means that if a hedge fund, for example, wants to borrow $100 from a bank, it must now provide collateral worth at least $106.
10/15/2014
The high-profile trial, due to last 10 to 12 weeks, comes at a time of renewed scrutiny of Britain's Serious Fraud Office (SFO), with fresh questions asked this week in parliament about its competency and fitness for purpose.
10/14/2014
This is the second high-profile hire for GTM in two months, after the hire of tax partner Graham Iversen last month (2 September 2014). This role is a new one for the firm, which is focusing on expanding its core practice areas.
10/14/2014
Members of the core panel will carry out own-account work for the bank, covering a range of matters for the bank's own business, as well as litigation, regulatory matters and general corporate work.
10/14/2014
Bonuses are capped at no more than fixed salary, or twice that amount with shareholder approval, starting with payouts for their 2014 performance to be paid out next year.
10/14/2014
He advises companies on mergers and acquisitions, and he counsels private equity firms on all forms of management buyouts, management buy-ins, leveraged buyouts and public-to-private transactions.