04/16/2012
International law firm appoints new head of Global regulatory and corporate crime
He brings with him a team of senior lawyers and support staff, including two senior counsels
04/16/2012
An independent French magistrate has been named to examine the commercial practices of Swiss bank UBS AG, financial daily Les Echos reported on Monday.
04/13/2012
The British fund manager has marked 14 May as the day it will produce the information documents for investors - about six weeks before the 1 July deadline set by the European Union for regulated products.
04/13/2012
Darwin (pictured) is replacing David Bradley as UK managing partner, with Bradley returning to full-time practice in the employment, pensions and benefits group.
04/13/2012
The transaction proceeded by way of a Jersey scheme of arrangement and has received the required regulatory approvals and the sanction of the Jersey Royal Court.
04/12/2012
The proposals, dubbed a ‘fraudster’s charter’, come as part of a radical shake-up of the Financial Services Compensation Scheme, the safety net which protects savers and investors.
04/12/2012
Olenicoff sued UBS in 2008, accusing the bank of fraud, conspiracy and other charges in handling some US$200mil he kept in offshore accounts and claiming that UBS had wrongfully advised him that he did not have to report them to the IRS.
04/12/2012
New regulation comes into effect next month, with financial penalties for non-compliance
04/11/2012
France's Hollande Unveils 'Vast' Tax Reform Plans
Denouncing the legacy of outgoing President Nicolas Sarkozy’s five-year term in office, marked by accumulated debt of EUR612bn (USD799.7bn), by a proliferation of supplementary finance laws and incoherent budgets, aimed at maintaining the fiscal pri
04/09/2012
Tax rises for the wealthy are at the heart of the debate and if the left wins, France could become the country with the highest tax on the rich in the EU, and one of the most punishing in the world.
04/09/2012
One of the sets of data is information from the Zurich Coutts Bank, a unit of the Royal Bank of Scotland Group Plc, the German magazine reported.
04/09/2012
The move has gone down well in Switzerland, where politicians have praised the country's assertiveness. But it is unclear how the Swiss authorities will proceed -- the main witness is dead.
04/09/2012
The City regulator is examining whether “aggressive sales targets” influenced the type of interest rate hedging products sold by banks to small companies as part of its review of swaps selling following an investigation by The Sunday Telegraph
04/09/2012
Dechert has opened an office in Almaty, Kazakhstan, with the hire of Chadbourne & Parke's attorneys there.
04/05/2012
High roller famous for Dubai Champagne tab arrested
Alex Hope, the foreign exchange trader who hit the headlines after reports claimed he spent £200,000 in one night on a bar bill, has been arrested on suspicion of unauthorised trading.
04/05/2012
European Commission ignores advice and points the finger, says administrator
04/04/2012
Weerasinghe replaces the US investment bank's general counsel Michael Helfer, who is taking on the new role of vice chairman after nine years in the GC position.
04/04/2012
Although the ombudsman said Standard Life was responsible for the error, Mr Hearn’s advisers were given enough information to realise it had happened and therefore could reasonably have mitigated any loss, according to the determination.
04/04/2012
Last October, the governments of France, Belgium and Luxembourg reached agreement on the dismantling of Dexia.
04/04/2012
The hedge fund of a Conservative Party donor has been fined $98 million for market abuse.