05/14/2014
Clifford Chance, Linklaters take on Shearman in battle for Bridgepoint
Shearman & Sterling is making its presence felt in the City, squaring up to magic circle firms and looking to muscle in on key relationships.
Legal, Regulation & Compliance
05/14/2014
Linklaters ponders Shanghai free trade zone entry
Legal reforms which have been promised for the Shanghai free trade zone have proved slow to appear and could be holding up some investment including a possible local firm tie-up by Linklaters.
05/13/2014
SocGen appeals Euribor fine
French bank Societe Generale has appealed against the 445.9 million euro fine it paid last year for manipulating benchmark interest rates, saying regulators had miscalculated it.
05/13/2014
Capita eclipses rivals to win £1.1bn of first-quarter business
Capita has eclipsed its outsourcing rivals Serco and G4S to win £1.1bn of work in the first quarter of this year, with new clients including Transport for London and the retailer John Lewis.
05/13/2014
RBS's US business files for $100m IPO
Citizens is expected to increase that amount substantially once bankers start testing investor demand.
05/13/2014
Lloyds in hot water over "crime boss" loan
However Lloyds Bank, which is required to vet applicants, failed to blacklist Hunt.
05/13/2014
Clydesdale Bank launches panel review following restructure
Firms already on Clydesdale’s national and regional rosters
05/13/2014
FCA one year on – effective regulation goes hand-in-hand with sustainable businesses by Clive Adamson, FCA Director of Supervision
Speech by Clive Adamson, FCA Director of Supervision, at the Building Societies Association (BSA). This is the text of the speech as drafted, which may differ from the delivered version.
05/13/2014
FCA reviews how fund charges are set out
Firms must present their fund charges clearly and consistently, the Financial Conduct Authority said today, so that retail investors are able to compare charges before making decisions on where to invest.
05/13/2014
Former Exane Europe Sales-Trading Head Cleared in Insider Probe
Clive Roberts, the former head of European sales trading at Exane BNP Paribas, was cleared by the U.K. markets regulator and dropped from its insider-trading investigation four years after he was arrested.
05/12/2014
Deutsche Bank managers cleared in internal Libor probe
Led by co-chief executives Juergen Fitschen and Anshu Jain, Deutsche Bank is seeking to transform its corporate culture as it works through a long list of scandals, investigations and fines that came in the wake of the financial crisis.
05/12/2014
UK fraud office steps up probe into Barclays over Qatar: FT
The UK fraud office stepped up its probe into British bank Barclays Plc's dealings with Qatar, the Financial Times reported on Sunday. Officials at Barclays were not immediately available for comment Sunday afternoon. Bob Diamond and John Varley, b
05/09/2014
World's leading law firm appoints director of Global communications
He will report to the global director of Business Development, Marketing and Communications
05/09/2014
New look family law team for solicitors
Leading legal practice has expanded its family law department as part of a comprehensive restructure of its Beverley office.
05/09/2014
Stephenson Harwood advises Baker Tilly on sale of business
Stephenson Harwood has advised Baker Tilly, the UK’s seventh-biggest auditing and accounting advisory firm, on the sale of its private client financial management business to Towry, a wealth advice firm.
05/09/2014
FCA sets out expectations for investment managers on dealing commission
Investment managers should only use client dealing commission to pay for substantive research or costs related to executing trades
05/09/2014
Legacy LG loses entire Tite & Lewis team as remaining two quit for Wedlake Bell
T&L was cut loose by EY in April 2003
05/09/2014
Brewin v Charles Stanley: A leading employment lawyer's verdict
It is a case that the whole industry is watching with interest
05/08/2014
Russia takes revenge on Visa and Mastercard
The law will also create a competing Russian national payment system.
05/08/2014
Anti-Bribery Update: so a policy and a gifts register isn’t enough? - Dougherty Quinn
The conversation usually starts with a request to write or review an anti-bribery policy with often the additional question of what limit should be set for gifts and entertainment to be recorded in the gifts register.