09/25/2015
Global estate planning forum STEP opens India chapter
The opening of the India chapter is significant as it marks the coming together of competitors
Legal, Regulation & Compliance
09/25/2015
Deutsche Bank must face fraud case
The government accused Deutsche Bank of using shell companies to avoid capital gains taxes on Bristol-Myers Squibb
09/25/2015
Mills & Reeve on the move in London
We also have a growing international private wealth offering based in the City focusing on high-net worth individuals
09/25/2015
French Financial Prosecutor Challenges Bank Chief's Acquittal
Shares in Natixis SA, the bank’s investment-banking division, jumped as high as 2.8 percent on the news.
09/25/2015
Ex-Deutsche Bank Manager Cloete Slams German Libor Criticism
Deutsche Bank paid a record $2.5 billion in fines to global authorities in April
09/25/2015
Award-winning banker who was knocked off his motorbike is suing 'the white van man responsible' for £200,000 – because it meant his bonus went down
He is now suing the driver he holds responsible and claims his bonus took a hit as a direct result of the time he had to take off work.
09/25/2015
'Flash crash trader' faces extradition to US
His lawyers are likely to argue against extradition on the grounds of his recently diagnosed severe Asperger's Syndrome
09/25/2015
Wealth firms call for FSCS reform
In his view, the Financial Conduct Authority (FCA) and FSCS cannot continue to raise fees and expect firms to pay up.
09/25/2015
US Signs Competent Authority Agreements With UK, Australia
The new CAAs lay down a framework for the automatic exchange obligations contained in the IGAs
09/24/2015
ECB cuts Deutsche, State Street from ABS purchase program
A source familiar with the situation said Deutsche Asset & Wealth Management's contract had not been renewed.
09/24/2015
Nomura Reaches $492 Million Settlement of Monte Paschi Claim
Nomura will pay 440 million euros $492 million to Monte Paschi while unwinding the transaction, the Tokyo-based firm said Thursday in a statement on its website.
09/24/2015
Meiji Yasuda seals partnership with UK's No. 2 asset manager
The Japanese insurer and its new business partner plan to jointly develop high-yield asset investment products, with foreign bonds to be included in the portfolios.
09/24/2015
French prosecutor calls to dismiss negligence probe into IMF's Lagarde: source
There was no immediate confirmation from the CJR, a special court established to try cases of ministerial misconduct.
09/24/2015
Rival arms of Rothschild dynasty head for battle
A dynasty at war?
09/24/2015
Wembley City trader accused of £73m scam
A City trader from Wembley posed as a multi-millionaire with links to the Vatican and the Spanish nobility in an elaborate £73 million scam
09/24/2015
Banking sector very dynamic
Other European jurisdictions are not keen to license new banks
09/23/2015
Brexit risk will force Bank of England to keep interest rates low for longer, warns UBS
Interest rates could be cut to zero if the UK can not negotiate a strong foothold outside of the EU
09/23/2015
Outstanding success for National law firm in The Legal 500 directory results
National law firm has achieved top tier rankings in 29 practice areas in this year's The Legal 500 directory, with a further 72 practice areas recommended.
09/23/2015
FCA bans and fines Keydata finance director £350k
This had the effect of masking problems with SLS and the performance of the SLS portfolio.
09/23/2015
Wragges advises Santander on financing of luxury goods brand
Santander was able to support Aspinal with an innovative mix of funding lines, which included trade finance and invoice discounting as well as a growth capital loan.