02/20/2015
The Russian state body battling Sergei Pugachev, the exiled oligarch once known as the “Kremlin’s banker”, in a $2bn legal case is claiming the collapse of the rouble has left it too poor to make a court security deposit.
02/20/2015
Risk management, cost and changes in fund structuring are the key issues for managers and investors arising from the initial impact of the Alternative Investment Fund Managers Directive (AIFMD)
02/19/2015
One of Scotland's biggest law firms is being sued after the collapse of a £400m hedge fund at the centre of a major police fraud probe.
02/19/2015
Dealing commission – the charges paid by consumers when investment managers execute trades and acquire external research on their behalf – is worth around £3 billion a year.
02/19/2015
During the wholesale sector review the FCA met with around 70 organisations and individuals
02/19/2015
High Court finds in favour of Grant Thornton in Barclays negligence dispute
The dispute arose after Barclays relied on two non-statutory audits carried out by Grant Thornton for the Von Essen Hotels Group (VEH) in 2006 and 2007 in continuing to fund VEH under a £250m loan facility.
02/19/2015
On February 3, the European Securities and Markets Authority published its final report to the European Commission with technical advice on possible new secondary legislation under the European Union’s Market Abuse Regulation.
02/18/2015
Investors in the EEA Life Settlements Fund are pushing for compensation from the FCA after reaching £60m in claims
02/18/2015
The Bank of Portugal on Tuesday stuck to a decision to keep a loan linked to Goldman Sachs in a “bad bank” carved out after the rescue of Banco Espirito Santo
02/18/2015
Coming as HSBC faces a political controversy over allegations that its Swiss private bank helped thousands of clients to evade taxes for many years
02/18/2015
A firm of legal costs specialists, which began life with just one client less than four years ago, now employs more than 20 people at offices in The Counterslip.
02/18/2015
Opening an account has become arduous with even physical verification being required
02/18/2015
Wheatley said the regulator was “sympathetic” to the idea despite “all sorts of con-tractual issues”.
02/17/2015
To Allred, it seems that still isn’t good enough when it comes to doing some kinds of business in Finland.
02/17/2015
The announcement is the first official indication by any UK regulator or authority that it may investigate the role of the bank
02/17/2015
The heir to the Nina Ricci perfume fortune went on trial and faces ten years in prison
02/17/2015
The hefty payment followed charges of tax fraud in July.
02/17/2015
In meetings across the world’s financial centres, senior bankers are having the annual conversation many have come to dread.
02/16/2015
The charge that we face a ‘rising tide’ of legal and regulatory ‘burdens’ is hardly new
02/16/2015
Shearman & Sterling is also advising QIA and Bidco on the follow-on £4.1 billion mandatory cash offer for the entire issued share capital of CWG which is not already held by Songbird