06/20/2012
'The sequence of events, the increase of the levy from £20 million to £45 million, originated form the Thoresen Review, that we needed generic financial advice, and then a set of decisions from government that showed it did not want to pa
06/20/2012
UBS has confirmed that Sheikh Meshal was invited to apply for a non-executive post at the bank. However, the bank has also claimed that it already had a strong relationship with Zain, having advised on many of its previous deals.
06/20/2012
The bankers sued in the UK over their claims to a €400m pool announced in 2008 to help retain staff.
06/20/2012
Mr X, as the person has been referred to by tribunal, denied he owned an account with the UK-based UBS Wealth Management, called Customer A account, used by some UBS officials to make large-scale unauthorised transactions.
06/20/2012
The FSA has published its annual report for 2011/12, which sets out how the regulator has performed against its business plan for the year. It also sets out salary and benefits paid to FSA senior management.
06/20/2012
Lawyers told a High Court judge in London that the bank had agreed a "provisional" settlement with investors.
06/20/2012
This is as a result of growing demand for both its international legal services and the fiduciary and fund administration services provided by its affiliate, MaplesFS, it said.
06/19/2012
It is expected that the Demerger will be implemented shortly prior to the Merger and come into effect at 00:00 hrs on 9 July 2012.
06/19/2012
Liechtenstein, a country known for its banking secrecy laws, recently agreed to allow its second largest bank, Liechtensteinische Landesbank AG, to turn over U.S. client data to the Internal Revenue Service (IRS) and the U.S. Department of Justice (DOJ).
06/19/2012
The Sunday Telegraph understands that a detailed legal report prepared for Mr Cable found that there is “prosecutable evidence” which can be used to bring about the disqualifications.
06/19/2012
Last week, finance minister George Osborne said the government will introduce legislation as soon as possible to push ahead with the ring-fencing idea, designed to ward off the risk of future massive taxpayer bailouts of banks.
06/19/2012
The SFO is not expected to drop its investigation into Vincent’s younger brother Robert at this point.
06/19/2012
Israel is leaving a role as finance partner and UK-based co-head of Bird & Bird’s international corporate restructuring and insolvency group to join LG.
06/18/2012
The consultation paper “Ensuring the fair taxation of residential property transactions” has been published by HM Treasury.
06/18/2012
The consultation document “A General Anti-Abuse Rule” has been published by HM Treasury.
06/18/2012
The firm has picked up two more litigators following the recent hire of Andrew Myers from SNR Denton (11 June 2012), with contentious restructuring partner Elizabeth Elliott joining from the same firm and construction litigation partner Ron Nobbs moving f
06/15/2012
The taskforces were launched as a result of the government’s £917 million spending review investment to tackle tax invasion, avoidance and fraud in 2011.
06/15/2012
Changes to the law will include higher inheritance taxes, an end to exemptions for payroll taxes on overtime the reestablishment of the wealth tax schedule and measures to reduce tax loopholes used by large companies, the newspaper said, without saying wh
06/15/2012
International law firm expands City capital markets practice
He was previously a partner at Vinson & Elkins LLP for six years
06/15/2012
"We are well established in the Channel Islands and have been named the fastest growing offshore law firm - but as we are new to Singapore it has been mutually beneficial to facilitate debate and discussion around regional issues with industry leader