09/11/2013
Deutsche Bank ordered to rehire traders unlawfully sacked in Libor probe
Deutsche Bank has been told to rehire four traders who were unlawfully fired as part of the lender’s investigation into the manpulation of interest rates.
Legal, Regulation & Compliance
09/11/2013
UK wins victory over EU short-selling rules
The UK has reached legal milestone over short-selling rules in the European Union
09/10/2013
Lloyds Banking Group raids Swiss Private Bank for disputes chief
The day after customers of Lloyds TSB saw the bank split from its parent company in one of Britain’s most high-profile banking shake-ups.
09/10/2013
Pinsent Masons bolsters insurance disputes team with double hire
International law firm Pinsent Masons has strengthened the firm's financial services offering
09/10/2013
BLP lawyer heads in-house at Ashby Capital
Real estate investment fund Ashby Capital has recruited a former Berwin Leighton Paisner corporate associate Tom Hill as in-house legal counsel.
09/10/2013
Luxury NYC property sought in Russian fraud case
U.S. authorities are looking to seize pricey Manhattan real estate linked to a tax fraud they say was uncovered by a whistleblowing Russian lawyer before he died behind bars.
09/09/2013
Barclays To Pay $36m To Settle Subprime Mortage Claims
Barclays has agreed to pay $36.1m to settle charges it hurt US homeowners by packaging subprime mortgages that the borrowers could not afford
09/09/2013
Deutsche Bank Faces Hearing Over Fired Euribor Traders’ Claims
Deutsche Bank AG faces a hearing in a lawsuit by four traders fired over the lender’s role in the alleged rigging of interest benchmarks after mandated mediation failed to produce a settlement.
09/09/2013
Bakers Seals Hire of McDermott's Head of European M&A
Baker & McKenzie has sealed the hire of McDermott Will & Emery's head of European M&A, Mats Sacklen
09/08/2013
From the vaults: making the news in years gone by
Prosecutors opened their criminal case against former UBS trader Kweku Adoboli, blamed for unauthorised trading that caused the bank a loss of up to $2.3 billion,
09/08/2013
Covington Expands European Financial Services Offering
Covington & Burling is pleased to announce that Charlotte Hill has joined the London office as partner, strengthening the firm’s ability to advise clients on EU and UK financial regulatory matters.
09/07/2013
Icap in talks to settle US and UK rate probe
Icap officials have said they are cooperating with various rate-rigging investigations and that senior executives weren't involved in any improper conduct.
09/05/2013
Barclays GC hire shows wariness of US-led regulatory world, say partners
Barclays appoints former US Treasury GC as UK banks increasingly seek regulatory skills
09/05/2013
European Supervisory Authorities highlight cross-sectoral risks
European Supervisory Authorities highlight cross-sectoral risks
09/04/2013
Top level exits continue as BLP tax litigation head joins Clifford Chance
The firm said it had reached its “target number” of redundancies
09/04/2013
FCA figures suggest true cost of rate hedge mis-selling
The Financial Conduct Authority has published its first update on banks’ reviews of sales of Interest Rate Hedging Products.
09/04/2013
Shoosmiths promotes 18 to role of associate
The promotions took effect on 1 September
09/03/2013
RBS faces legal action by pensions giant for hundred of millions
At least one other major UK investor is understood to be backing the Quinn Emanuel case.
09/03/2013
Law firms that want growth should look to private-client work
Law firms focusing on private clients were among the UK’s best performing
09/03/2013
Mayfair-Firm Makes First Lateral hire in two years
The opportunistic hire of Breedy would help the firm would help boost links between private client and the corporate group.