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.
01/25/2012
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.
01/22/2012
Bridgeman was sentenced at Lewes Crown Court earlier today (20 January) having been found guilty of perverting the course of justice on 16 December 2011, following a five-day trial at Brighton Crown Court.
01/22/2012
The Financial Services Authority (FSA), the industry regulator, holds that institutions must bear in mind the costs of the compensation as bonus season begins in the City.
01/20/2012
The Financial Services Authority has been involved in the discussions without taking formal action against any of the banks, according to two people with knowledge of the situation who declined to identified because the negotiations are confidential.
01/19/2012
While the fine relates specifically to failings by Direct Line and Churchill (together, the Firms), since the breach occurred the relevant business and liabilities of the Firms have been transferred to UK Insurance Limited (UKI). UKI, which is owned by th
01/16/2012
The resignation of Phillip Hildebrand from the Swiss National Bank highlights the 'new centrality' of central bankers as well as their need to espouse a rigorous code of conduct, according to OMFIF Co-chairman David Marsh in the January 2012 Bul
01/16/2012
If upheld on appeal, the judgment could result in between 50,000 and 100,000 firms being able to claim refunds on tens of millions paid in fines.
01/16/2012
BNP Paribas carries out reviews on a rolling basis. This is the first review that has taken place since Georges Dirani, former head of Herbert Smith’s Paris banking practice, took over as general counsel of the bank in 2010 (26 April 2010).
01/12/2012
Such a levy would mostly hurt private individuals as they couldn’t move to more favorable countries as easily as institutional investors, Andreas Schmitz, president of the BdB Association of German Banks, said at an event in Berlin today.
01/12/2012
He advises banks, funds, corporates and other market participants on securitisations and asset-backed finance structures across numerous sectors.