04/27/2016
FCA proposes measures to improve the effectiveness of UK primary listed debt markets
It highlights the developments in primary debt markets the Forum considered and the issues it discussed.
Legal, Regulation & Compliance
04/26/2016
Deutsche Bank Board Erupts Into Conflict Over Legal Expenses
Deutsche Bank Chairman Paul Achleitner, who has known Thoma for decades, tapped the Shearman & Sterling LLP lawyer in 2013 to help improve controls and work through the company’s numerous cases of misconduct.
04/26/2016
Alpha FMC lauches Compliance and Regulation practice
Alpha FMC’s service portfolio currently spans around ten service lines, with propositions ranging from strategic and advisory work to benchmarking services and execution related support.
04/26/2016
German parliament to invite Draghi to testify on ECB policy: sources
The meeting with members of the committees on Europe, budget and finance would take place after the summer recess, which ends on September 5.
04/25/2016
Basel Committee consults on restricting the use of internal models to calculate credit risk weights
The Basel Committee is proposing to restrict the use of internal models to calculate credit risk weights. Comments are due by June 24.
04/25/2016
Deutsche Bank Co-CEO, Ex-Officials Cleared in Fraud Case
The Deutsche Bank executives were accused of deceiving judges in a civil lawsuit filed by Leo Kirch, who died in 2011, seeking 2 billion euros ($2.25 billion).
04/25/2016
Clouds descend on cocos as banks air concern
Some academics say cocos are an uncomfortable halfway house, proving to be more volatile than bonds but lacking the full loss-absorbing qualities of equity.
04/25/2016
PwC: Just 2% of asset managers have 'robust' risk controls
PwC suggests the findings show a disconnect between asset managers and their custodians in terms of understanding their roles, responsibilities and priorities.
04/25/2016
More countries sign up to beneficial ownership transparency
Panama Papers The moves follow a string of transparency measures proposed in the wake of the Panama Papers scandal which involved the leak of millions of documents from Panamanian law firm Mossack Fonseca.
04/24/2016
Vulture fund swoops on fraudster Breifne O'Brien
Some of the loans were in the names of high net worth individuals and many of professionals who borrowed during the boom.
04/22/2016
Ogier wins IFLR ‘High Yield Deal of the Year’ Award
Ogier worked closely with Latham & Watkins who advised the lenders and initial purchasers on English law and New York law issues for the transaction, which completed in December 2015.
04/22/2016
German Government MP Warns Of Damage From Brexit
Jens Zimmermann says Germany would lose balancing force if Britain left EU
04/22/2016
Anglo American Pay Revolt As 41% Oppose Remuneration Report As It Happened
Germany has responded to the earlier comments from ECB president Mario Draghi.
04/22/2016
HK Regulator In Talks With EU Markets Over Mutual Fund Recognition
Hong Kong’s securities regulator is in talks with certain European markets over the possibility of mutual fund recognition.
04/22/2016
Fca and Royal London clash over long-term savings market
Independent governance committees interestingly are not a compeition tool, they are an alternative to competitive tool.
04/22/2016
Online challenger Masthaven Bank secures banking license
It will also build on the experience of parent company Masthaven Finance to provide specialist mortgages for UK borrowers who might struggle to get loans from the big, established lenders.
04/22/2016
Debevoise Advises AmTrust in Agreement to Acquire ANV Holding B.V. for $218.7 Million
Pending regulatory approval, both parties expect the deal to close in the third or fourth quarter of 2016.
04/22/2016
Allen & Overy advises on largest post-crisis RMBS transaction
Allen & Overy advised Morgan Stanley as arranger and the joint lead managers.
04/21/2016
The Bank of England needs to speak up on Brexit
Only by producing a leave and remain forecast will the bank show it is taking its mandate seriously
04/21/2016
Asset Management Team of the Year: Simmons & Simmons
The practice was also brought on board to advise the London branch of Commerzbank as the fund manager of the first UK-domiciled exchange-traded fund on the London Stock Exchange for the China Construction Bank.