02/07/2012
SJ Berwin is understood to have advised Duke Street, a longstanding client, fielding relationship partner Tim Wright, who also advised the group earlier this year on the sale of its investment in Deloro Stellite, a producer of alloy-based materials for ex
02/07/2012
London banker held in Cairo over alleged link to deadly riots
A Cairo airport official said Yasser el-Mallawany was set to fly to the United Arab Emirates on Sunday, but authorities barred him from leaving Egypt on orders from the country's attorney general.
02/06/2012
Linklaters and Ashurst have taken lead roles on TPG Capital's $800m (£508m) acquisition of hedge fund services company GlobeOp.
02/06/2012
Britain's Financial Services Authority (FSA) regulator has started a formal enforcement probe against Swiss bank UBS over last year's $2 billion trading loss at UBS's London arm.
02/03/2012
Mr Adoboli pleaded not guilty to the charges and this means that an extended trial is likely.
02/02/2012
This week, meanwhile, the former UK CEO of J. C. Flowers, Ravi Sinha, was fined £2.87m and banned from working in UK finance for sending fake invoices to a company in which the private equity house had invested.
02/02/2012
Nicolas Sarkozy, French president, is planning to introduce a financial transactions tax, while François Hollande, his Socialist rival in presidential elections this spring, has made it clear he sees banks and finance to be at the heart of his coun
02/02/2012
A France-only levy is opposed by the country’s financial community and its feasibility has been questioned by the Bank of France.
01/30/2012
Richard Heis, joint administrator at KPMG, told The Telegraph: "The bar date is a unique feature of the special administration regime, allowing us to set a deadline for client claim submissions, which ultimately enables us to speed up the return of c
01/30/2012
Steele was given two concurrent 5½-year terms for conspiracy to commit fraud by false representation and conspiracy to use false instruments.
01/30/2012
Consulting revenue increased 21 percent to $720 million, while accounting revenue climbed 15 percent to $520 million, and tax revenue grew 7 percent to $860 million. Auditing revenue, however, declined 7 percent to $1.1 billion.
01/27/2012
The tax “could penalize our asset management industry” by pushing professionals and transactions elsewhere if France acts alone, Jean-Pierre Jouyet, president of the Autorite des Marches Financiers, said in Paris today.
01/27/2012
Revenue at the UK LLP was £91.2m. That represents a rise of 8 per cent on 2009-10, when turnover was £84.4m. Operating profit also grew, from £29.4m in 2009-10 to £32.6m.
01/27/2012
Harneys recently acted as Cyprus counsel for JSC VTB Bank in a deal worth $500 million.
01/27/2012
PwC says E&Y tried to poach client bank
In the sober world of auditing, discretion is key.
01/26/2012
This is so worrying those negotiating Greece's private sector deal that many are trying to keep the final structure of a rescue package under wraps until it is done to prevent the funds from finding a legal edge, sources close to the talks say.
01/26/2012
“It is highly damaging to market confidence when privileged shareholders commit market abuse, and the high penalty reflects the seriousness of his breach.”
01/25/2012
The new group will comprise around 100 partners and more than 200 associates operating worldwide.
01/25/2012
Greenko will use the funds primarily to support the development of the renewable power projects of the Greenko group as a whole and will benefit from Standard Chartered's strong expertise of providing debt solutions in the project finance sector.
01/25/2012
Warning against the introduction of any measures that might merely serve to endanger growth or jobs in Austria, the organizations put forward a series of targeted tax proposals, expected to generate additional tax revenue totalling around EUR4.5bn.