06/01/2015
Eight men have been charged by the Financial Conduct Authority (FCA) with conspiracy to defraud contrary to common law between August 2008 and November 2011 and criminal offences relating to the carrying out of a regulated activity without authorisation
06/01/2015
Tom Hayes told investigators that his efforts to “move the rates up and down” while he worked at UBS and Citigroup were “industry-wide practice” and that he believed he was operating in a “grey area”, a jury heard on Mo
06/01/2015
Asset managers are not the source of systemic risk and should not be regulated as such, says fund giant BlackRock in a response to the FSB’s consultation on new regulation.
05/29/2015
Parent company Marsh & McLennan plans to create 100 jobs in new unit
05/29/2015
Key appointment at leading property law firm
Joanne brings a wealth of experience in sales, marketing and business development gained over the last 20 years
05/29/2015
The last six months have turned the game of debt issuance on its head for German banks and their investors.
05/29/2015
The new ISPV regime will provide an expeditious and transparent authorisation process, simple and proportionate on-going regulatory requirements and cost-effective operating environment, all from a convenient European time-zone.
05/29/2015
TWO of Britain's largest banks caught up in FIFA corruption scandal
TWO of Britain's largest banks have been named in the corruption crisis engulfing world football
05/28/2015
Tony Grimes said the businessman's increasing stake in Anglo was highly unusual.
05/28/2015
Legislation that would have made life difficult for the EU's 30 largest banks failed in a Parliament committee, prompting a rethink of how to lessen the risk posed by such institutions
05/28/2015
International law firm extends asset management practice to Europe
This team has extensive experience in advising private fund managers in relation to the structuring and establishment of a wide range of private investment funds.
05/28/2015
His total holding equates to a little under 3.1 million shares of 1 pence each.
05/28/2015
Barclays knew that during the first half of 2008, ICP Asset Management and Priore caused other investment vehicles they managed to make over $40 million in fraudulent transfers to Barclays to cover Triaxx Funding’s margin obligations.
05/28/2015
The UK government should apply the same regulation and identification requirements to bitcoin wallets as it does to bank accounts, Accenture has suggested.
05/28/2015
Basler, one of a host of local government-backed lenders in Switzerland, is still on the hook in a U.S. probe investigating how Swiss banks helped wealthy Americans dodge or cheat on taxes.
05/28/2015
The department is currently investigating accountholders, bank employees, and other facilitators and institutions based on information supplied by various sources, including the banks participating in this Program. Our message is clear – there is no
05/28/2015
The Association insists that the right approach is to focus on activities that might give rise to dangerous levels of interconnectedness and leverage, rather than firm or fund size, which, it argues, is a useless tool for identifying systemic risks in inv
05/26/2015
Tom Hayes, who worked for Citigroup and UBS, will appear in court on Tuesday to face charges of conspiring to rig benchmark interest rates
05/26/2015
After seven years of frenetic rulemaking in the wake of the global financial crisis the Basel Committee on Banking Supervision faces a new challenge
05/26/2015
In all the kerfuffle over the latest banking scandal — complete with colourful emails between foreign exchange traders and multibillion-dollar fines for manipulating global FX markets