09/17/2014
Global law firm bulks up its banking practice with DLA Piper partner Conway
He spent six years at Goldman Sachs
Legal, Regulation & Compliance
09/17/2014
Cadwalader continues London capital markets spree
“It is a great strategic fit for us and represents a further build out of the practice in our core areas.”
09/17/2014
Barclays, HSBC and RBS among 13 banks facing fraud claims in US
Barclays, HSBC and bailed-out Royal Bank of Scotland are among 13 banks facing fraud allegations and a claim for $1.15bn (£700m) in damages in the US state of Virginia over the sale of mortgage bonds during the financial crisis.
09/16/2014
TD chief: UK seeing democratisation of financial services
He admits it might seem like a lofty word, but John Tracy believes the UK is witnessing a “democratisation” in financial services.
09/16/2014
Global law firm adds trans-Atlantic M&A trio in New York and London
Its unique governance system fosters an unparalleled level of integration and contributes to its perennial ranking as among the best in the world in client service.
09/16/2014
Handelsblatt recognizes eight German Jones Day lawyers as among best in their fields
These results are based on a peer-reviewed survey, in which leading attorneys were asked about the capabilities of their colleagues. Five of the ranked lawyers focus their practices in M&A.
09/16/2014
Jones Day welcomes Michèle Grégoire as partner in Brussels
The global law firm Jones Day has announced the arrival of Michèle Grégoire as a partner in the Global Disputes Practice in the Firm's Brussels Office.
09/16/2014
Jones Day expands securitization practice in London
Global law firm Jones Day has announced that Neil Hamilton is joining the Firm's London Office as a partner in its Capital Markets Practice.
09/16/2014
Insider dealers ordered to pay £3.2m in confiscation
On 27 July 2012 Ali Mustafa, Pardip Saini and Paresh Shah were sentenced to 3 years 6 months imprisonment, Neten Shah was sentenced to 18 months, and Bijal Shah and Truptesh Patel were sentenced to 2 years for offences relating to Insider Dealing contrary
09/15/2014
Boodle Hatfield appoints first female senior partner since 1722
Boodle Hatfield has appointed its first female senior partner in its 300-year history, with head of private client Sara Maccallum set to take over the running of the firm on 1 May next year.
09/14/2014
French central bank staff in stolen euros saga
Two employees from France’s central bank have been arrested on suspicion of stealing nearly 2 million euros of used notes, that were set to be destroyed.
09/14/2014
Full HSH state guarantees to count in bank health check
In 2012, it reduced those guarantees by 3 billion in expectation of an improvement in business.
09/12/2014
Bank of Russia revokes licence of Moscow Trust Republic Bank
The CBR said that Trust Republic Bank’s internal control rules in the sphere of combating money laundering and terrorism financing did not comply with the Bank of Russia regulations
09/12/2014
Hogan Lovells Advises on Dutch Longevity Hedge
This marks the first time that Delta Lloyd Levensverzekering N.V., the life insurance arm of the Dutch insurance, pensions and investments firm Delta Lloyd, has used the reinsurance market to transfer longevity risk.
09/12/2014
Financial Scandal Fines Haunting Europe's Banks as Investigations Rumble on
That is according to the German private bank Berenberg, which estimates that there are still 63 potential fine situations outstanding from the various on-going investigations by regulators and authorities across the world.
09/12/2014
EU’s OTC derivatives proposals threaten Asian regulatory clash
The EU proposal comes amid growing international strain over the implementation of new rules drawn up by the G20 nations
09/12/2014
EU Says Cyprus Legislation Clashes With Bailout
Those measures include writing off the outstanding amount of a loan once property is foreclosed
09/11/2014
EU bank tests may miss trillion-dollar risk – study
Post-financial crisis, banking watchdogs have regularly submitted banks to an examination of their assets to ensure they could withstand another shock to the global banking system.
09/11/2014
Corporate Social Responsibility Reporting - Withers
There is a growing trend globally towards greater transparency in corporate reporting of non-financial risks and policies.
09/11/2014
Credit Agricole Said to Near Accord in Sanctions Probe
Credit Agricole’s fine could be similar to Commerzbank’s, according to the person. Anne-Sophie Gentil, a spokeswoman for Credit Agricole, declined to comment.