07/14/2013
Bakers' new London head puts lawyers 'in clients' shoes' for first term
The new plan, unveiled under the catchline ‘Collaborating to Win’, puts greater collaboration at the heart of revenue generation.
Legal, Regulation & Compliance
07/14/2013
Hogan Lovells partners vote on Luxembourg opening with eye on summer launch
The official statement read: “We have plans to open in the country later this summer as there are a number of attractions for us in that market.”
07/14/2013
FCA cancels IFA's permissions for failing to act in clients' interests
The regulator said Gloucestershire-based Moseling had failed to comply with an award made against him by the Financial Ombudsman Service
07/13/2013
FCA chair under fresh scrutiny over Co-op crisis
Tony Shearer, former chief executive of Singer & Friedlander, said Mr Griffith-Jones was “conflicted” as chairman of the banking regulator due to KPMG’s involvement with banks.
07/12/2013
Italian court upholds release of Nomura assets
The ruling confirms the release of 1.8 billion euros ($2.35 billion) of Nomura assets that had been seized in mid-April when prosecutors alleged that the Japanese bank had mishandled the so-called "Alexandria" derivative contract.
07/12/2013
Cable to push for disqualification of disgraced bankers
The new proposals come in the wake of questions over the inability of regulators to impose any sanctions on people involved in the 2008 financial crash.
07/11/2013
Deutsche delays Tchenguiz case
The brothers believe documents held by the fraud-fighting agency will prove it had no grounds to arrest them and so strengthen their claim for damages.
07/11/2013
Ex-Mortgage Advisor sentenced to two years after FCA action
Michael Joseph James Lewis Was Sentenced To Two Years In Prison on Two Counts of Making/Supplying Documentation For Use in Fraud and Ten Counts of Carrying on a Mortgage Advisory Business Despite Being Prohibited From Doing So.
07/10/2013
Ashurst to replace senior partner with elected chairman role
The senior partner position is to be replaced by a newly-elected global chairman and vice chairman
07/09/2013
UK Wealth Management founder sets up legal services firm
IFA firm UK Wealth Management founder Peter Jones has set up a legal services company that allows advisers to become partners in the business
07/08/2013
International law firm turns to Withers for London private client hire
He is qualified in England & Wales, the Cayman Islands and the British Virgin Islands.
07/08/2013
FCA: Scrapping approved persons regime could be 'lawyers' paradise'
It outlined plans to introduce a senior persons regime for senior financial services staff
07/08/2013
The Clifford Chance Millionaire Partners Still Envious
Clifford Chance may have suffered from a fall in partnership profits, but it hasn’t prevented the partners taking home £1 million each.
07/07/2013
Morgan Lewis makes first Moscow lateral hires from Gide
Morgan Lewis in Moscow currently comprises eight partners and two local partners plus around 20 other lawyers
07/07/2013
Linklaters boosts India practice with return of partner from referral firm
Linklaters has boosted its India practice, re-hiring a partner from its Mumbai referral firm Talwar Thakore & Associates
07/07/2013
PRA and FCA welcome Internal Audit guidance
The regulatory authorities welcome the publication, by the Chartered Institute of Internal Auditors, of the guidance
07/07/2013
Credit Suisse to face £470mn lawsuit
Businessman, alleging breach of contract, to take Swiss bank to court in London
07/06/2013
EU plots transatlantic bank regulator
The European Union is to push for an agreement on banking and financial services as a key part of this week’s historic trade talks with the US
07/06/2013
Inquiry into Vatican bank chief dropped
The two directors left the bank on Monday last week after the arrest of a senior cleric who is accused of plotting to smuggle millions of euros into Italy from Switzerland.
07/05/2013
Banks fear new leverage proposal
Proposals to reform British banking by the Parliamentary Commission on Banking Standards will have a “profound” impact on the industry, the British Bankers’ Association (BBA) has said in its first detailed comments on the report.