06/17/2016
Barclays has described as "fundamentally misconceived" a US$1.0 billion-plus lawsuit brought by British financier Amanda Staveley over the bank's emergency fundraising from Gulf investors at the height of the credit crisis in 2008.
06/16/2016
A frequent criticism against the law, however, is that it is virtually not being enforced at all.
06/16/2016
The European Commission has published a proposal for a regulation on establishing a Union programme to support specific activities enhancing the involvement of consumers and other financial services end-users in Union policy making in the field of financi
06/16/2016
The tense mood pervaded the hearing, with a furious Green at one point demanding an apology from a lawmaker who suggested that ego may have gotten in the way of a potential rescue.
06/16/2016
Germany, France, Luxembourg and Ireland would all be vying to pick up business from London in areas such as investment banking, clearing and settlement and fund management.
06/16/2016
The Geneva authorities confirmed an investigation was in train after a complaint from Mossack Fonseca but declined further comment.
06/16/2016
Judge Moulder decided Thornbridge’s claims were brought with the benefit of hindsight following the banking crisis
06/15/2016
A charge of around €450 million that the bank booked last year is mainly related to the suspicious share trades, the sources said.
06/15/2016
FCA – list of waivers The FCA has published an updated list of waivers on their website
06/15/2016
Anchor Qadir v Barclays: High Court gives helpful guidance on limitation periods in IRHP mis-selling litigation Following a series of decisions considering similar issues, the High Court has again granted a bank's application to strike out an inter
06/14/2016
He says he uncovered a culture where a few senior managers flouted ethics rules for personal gain and considered themselves "above the law".
06/14/2016
The dispute had been set to go to trial on 13 June but has now been settled.
06/14/2016
Mr Clarke worked for Schroders Investment Management from August 2000 until January 2013, initially as an assistant fund manager and then from 2006 as an equities trader.
06/14/2016
Instead, the court decided on Tuesday he should pay UBS for not honoring the three-month notice period in his contract.
06/14/2016
Goldman Sachs paid for prostitutes and lavish parties in an attempt to win business from the Libyan Investment Authority
06/13/2016
The banks will also cooperate through introduction of business opportunities and partnering on possible infrastructure funds
06/13/2016
These initiatives have been welcomed by the financial trading community.
06/13/2016
A new poll, commissioned by the Adam Smith Institute think tank has revealed that support for a deal along the lines of the Nordic country’s relationship with the continental bloc outweighs opposition by two-to-one.
06/13/2016
FCA review had found variety of failings
06/13/2016
There's no clear definition in the EU for "data localisation".