08/11/2013
Banks in Europe will need to slash €3.2 trillion (£2.8tn) of assets from their balance sheets over the next five years to meet new regulations designed to minimise the risk of further banking collapses in future.
08/11/2013
The board was discussing "whether the continuation of commission payments for non-advised retail investment sales created potential risks".
08/11/2013
The UK's largest financial firms will be forced to set targets for the number of women on their boards from 2014, under proposals outlined by City regulators.
08/10/2013
A list of all the potential legal problems and investigations facing our big financial names makes daunting reading
08/10/2013
International business law firm has strengthened further its leading finance group by hiring a partner from Davenport Lyons.
08/09/2013
The charges would mark a dramatic escalation in the wake of the revelation last year
08/08/2013
Bruno Iksil, the “London Whale” trader at the centre of JPMorgan’s largest ever trading loss, will not face charges over the incident, according to reports.
08/08/2013
Banks are at the front line in ensuring the proceeds of crime do not enter the UK financial system.
08/07/2013
Bonelli has also hired the general counsel of contracting company Ansaldo, Mauro Gigante, as an of counsel in Milan. Gigante will work regularly with the London office.
08/07/2013
The FCA said it considered the case to be particularly serious
08/07/2013
Less than one week after announcing their merger, King & Wood Mallesons and SJ Berwin are joining forces to advise ASX-listed IRESS on its acquisition of Avelo FS Holdings, a provider of financial services technology in the UK.
08/06/2013
The Financial Conduct Authority (FCA) has cancelled the permissions of insurance and mortgage broker Goldthorn Mortgage & Insurance Services following the liquidation of the company.
08/06/2013
Britain's accounting watchdog has launched its second investigation in as many days into Grant Thornton, the auditor and advisory firm named in a legal battle between property mogul Vincent Tchenguiz and the Serious Fraud Office.
08/05/2013
Private details of dozens of Bank of Scotland customers, including bank statements and passport copies, were repeatedly faxed to wrong numbers for four years
08/04/2013
Many of Europe's top banks have more than tripled their provisions for litigation and regulatory expenses over the past year
08/03/2013
Three civil servants who left the Serious Fraud Office with ‘golden goodbyes’ worth £1million have been urged to hand money back to taxpayers.
08/03/2013
The lawsuit alleges "anti-competitive and monopolistic behaviour in the warehousing market in connection with aluminium prices
08/02/2013
The PRA also claimed that an unknown number of investment banks face a shortfall of up to £29bn. These include US giants Goldman Sachs and JP Morgan, which both have large operations in the UK.
08/01/2013
Killik described the bill as a ‘large payment’ and said its size came down to the portion of costs it had to pay in order to compensate clients for the failure of other financial institutions.
08/01/2013
An examination of the European Insurance and Occupational Pensions Authority’s assessment of the future of Solvency II by Standard & Poor’s has led to claims that “numerous hurdles remain” ahead of a planned 2016 implementation