07/03/2014
Foley Hoag bolsters Paris with White & Case hire
Addition bolsters firm’s international commercial arbitration practice
Legal, Regulation & Compliance
07/03/2014
Ex-Bank of Moscow Head Charged With Stealing $29 Million
Borodin and his alleged accomplices face up to 10 years in prison if convicted
07/03/2014
BlackRock fined for market manipulation over UniCredit stake
The regulator said on its website on Thursday that in December 2011 BlackRock Investment Management had made an untrue report about its stake in UniCredit, ahead of the launch of a rights issue by the Italian lender.
07/02/2014
Barclays cuts legal roster by 30% in global panel review as American firms find success
The firms that were not previously on the general advisory panel but have been newly-selected as preferred firms, with which Barclays will 'seek to deepen its relationship and concentrate spend over time', include five US firms: Boies, Schiller
07/02/2014
Are Europe's banks being prosecuted - or persecuted?
Even BNP Paribas cannot shrug off a $9bn (£5.1bn) fine.
07/02/2014
BNP Paribas ignored red flags and has paid the price
French bank to pay $8.97bn in fines to US regulators and dispose of senior staff over embargo breach
07/02/2014
Putin accuses US of 'blackmail' on French bank fine
He noted that: “Europe is our natural and most significant trade and economic partner.”
07/02/2014
Withers appoints seven new international partners
Withers has announced the appointment of seven new partners across the firm's international offices and practice areas. The appointees' new roles took effect from 1 July 2014.
07/02/2014
Protection of Charities Bill by Chris Priestley, Withers
The Bill will not appear during the current Parliamentary session.
07/02/2014
Gold fixing didn't cheat, probably
It’s still possible that manipulation may have occurred, Bailey, director of financial markets infrastructure and supervision at the FCA, said at a U.K.
07/01/2014
NY Lawsuit Deals A Blow To Barclays' Dark Pool Trading Operations
The lawsuit listed several problems with the dark pool POOL -1.57% – called Barclays LX (Liquidity Cross) alternative trading system – such as falsifying data about the concentration of high-frequency traders in the private market,
07/01/2014
New look leadership at private capital team
LAW firm Addleshaw Goddard has established a new leadership role in response to the growing numbers of entrepreneurs who need guidance about succession planning.
07/01/2014
Orrick Continues Expansion of London Finance Team
The firm is also playing a leading role in the development of the Italian mini-bond market and is active for Sberbank and others in the Russian banking market. In addition, Orrick is active in every major infrastructure financing underway today across wes
07/01/2014
Dillon Eustace confirms record growth in Banking & Finance Practice
Over €20 billion in domestic and international financing transactions completed - Growth has been under-pinned by senior hires
07/01/2014
BNP Paribas fined a record $8.9bn
BNP Paribas was hit with a record $8.97bn (£5.2bn, €6.5bn) fine last night for violating US sanctions between 2004 and 2012.
06/30/2014
Prime Brokers"Hoarded" Liquid Assets in Financial Crisis
This means that hedge funds are important for the workings of the repo market
06/30/2014
How Will BNP Paribas Fine Impact European Banking?
He speaks with Guy Johnson on “The Pulse.”
06/29/2014
BNP Paribas Said to Plan Guilty Plea Monday in U.S. Probe
The French bank has been in talks with state and federal authorities over a penalty that may reach a record $9 billion, another person familiar with the matter has said.
06/29/2014
Austria Falls Out With Bavaria Over Zombie Banks
But it seems that BayernLB left behind about 2.3bn euros in subordinated debt
06/28/2014
Post-RDR adviser world struck by costs
Since RDR was implemented, financial advice-seekers have split into two groups – those able to afford advice and those who cannot, according to a report compiled by the Association of Professional Financial Advisers.