07/17/2014
The European Central Bank said it will publish the results of its asset review and stress tests of banks late October and will allow two weeks for banks with capital shortfalls to plan remedial measures for the same.
07/16/2014
We are co-operating with those investigations
07/16/2014
Evidence will show the bank’s system for calculating bonuses wasn’t fluid, it was “clear and fixed”
07/16/2014
The Bank of England said on Tuesday that British banks had a "dreadful record" on mis-selling complex interest rate hedging products to small businesses and warned that it would keep a close eye on them.
07/16/2014
A handful of global banks are bracing themselves for their first results from Europe's bank stress-testing regime, which will tell them in October whether they have enough capital to withstand future crises.
07/15/2014
“Smaller investors could end up paying the price for the spread of a new model where the distribution of funds open to various management companies will be compensated only through fees,” he said in a letter to Steven Maijoor.
07/15/2014
The proposals are designed to provide a framework for retail investment in illiquid asset classes such as infrastructure projects and unlisted companies.
07/15/2014
Bulgaria, which joined the EU in 2007, still remains outside the eurozone
07/15/2014
The fraud was operated by Noad's son Matthew, 27, and fellow fraudster Clive Griston, 52, who targeted pensioners in a cold-calling scam.
07/14/2014
U.S. Department of Justice offers junior UK traders immunity in forex probe
The deals allow individuals to give authorities information about crimes
07/14/2014
US regulator rules in favour of London-listed inter-dealer broker run by Terry Smith
07/14/2014
Ex-Regulators Launch Fund Compliance Service
Co-founder Aron Brown will also act as a managing director. He has 15 years' experience in compliance and regulation, predominately at the regulator...
07/14/2014
The hires bring the number of partners at BDGS to eight, all with a background at French stalwart Gide Loyrette Nouel.
07/13/2014
But also advises that financial institutions should not buy, hold or sell them whilst no such regime is in place
07/13/2014
Financiers may grumble that the United States is acting like an imperial power in punishing foreign banks for dealings far beyond U.S. territory, but in the end they are more likely to bow to Washington than kick against its dollar muscle.
07/11/2014
The strength of our offering in this sector is such that it regularly sees us at the forefront of advising on some of the sector’s most notable matters every year
07/11/2014
The FCA will work closely with industry and other regulators to ensure that the new European rules deliver the best outcome for investors.
07/11/2014
A regulated Bitcoin investment fund overcomes anonymity concerns about the virtual currency, says its director.
07/11/2014
Competition declined in the crisis as Bear Stearns, Merrill Lynch and Lehman Brothers were gobbled up by stronger rivals. Yet barriers to entry have risen with new regulation.
07/11/2014
The brothers and their investment vehicles are suing the agency for trespass