07/21/2014
Intesa Sanpaolo sees 65 mln euro hit on Q2 net from Hungary law
Italian bank Intesa Sanpaolo expects new Hungarian legislation requiring banks to compensate borrowers for exchange rate spreads applied on foreign currency loans to cost its second-quarter net income around 65 million euros
07/20/2014
Dentons boosts Bucharest banking and finance group
Dentons strengthens its Bucharest offering with the appointment of former partner Perry Zizzi, a highly-regarded lawyer in the market.
07/18/2014
STEP Private Client Awards - Butler Snow finalist for International Legal Team of the Year
The winner will be announced at the STEP Private Client Awards on Sept. 17 at the Hilton Park Lane Hotel in London.
07/18/2014
The companies, which aren’t named in the notice, are Barclays, Deutsche Bank and hedge-fund manager Renaissance Technologies LLC, the people said. Representatives for each of the companies plan to testify at the July 22 hearing, the people said.
07/17/2014
The new requirements build on rules that already require banks to submit data on the number of employees earning more than 1 million euros ($1.4 million).
07/17/2014
Charles Russell Speechlys Combination Set to Transform Top Tier of Private Wealth and Business Law Firms
The partners of both Speechly Bircham and Charles Russell have today voted overwhelmingly in favour of a merger which will create one of the world’s leading private wealth and business law firms.
07/17/2014
Introductory statement by Dr Andreas Dombret, Member of the Executive Board of the Deutsche Bundesbank, at a roundtable discussion organised by the Canon Institute for Global Studies and the EHESS, Tokyo, 15 July 2014.
07/17/2014
The European Central Bank said it will publish the results of its asset review and stress tests of banks late October and will allow two weeks for banks with capital shortfalls to plan remedial measures for the same.
07/16/2014
We are co-operating with those investigations
07/16/2014
Evidence will show the bank’s system for calculating bonuses wasn’t fluid, it was “clear and fixed”
07/16/2014
The Bank of England said on Tuesday that British banks had a "dreadful record" on mis-selling complex interest rate hedging products to small businesses and warned that it would keep a close eye on them.
07/16/2014
A handful of global banks are bracing themselves for their first results from Europe's bank stress-testing regime, which will tell them in October whether they have enough capital to withstand future crises.
07/15/2014
“Smaller investors could end up paying the price for the spread of a new model where the distribution of funds open to various management companies will be compensated only through fees,” he said in a letter to Steven Maijoor.
07/15/2014
The proposals are designed to provide a framework for retail investment in illiquid asset classes such as infrastructure projects and unlisted companies.
07/15/2014
Bulgaria, which joined the EU in 2007, still remains outside the eurozone
07/15/2014
The fraud was operated by Noad's son Matthew, 27, and fellow fraudster Clive Griston, 52, who targeted pensioners in a cold-calling scam.
07/14/2014
U.S. Department of Justice offers junior UK traders immunity in forex probe
The deals allow individuals to give authorities information about crimes
07/14/2014
US regulator rules in favour of London-listed inter-dealer broker run by Terry Smith
07/14/2014
Ex-Regulators Launch Fund Compliance Service
Co-founder Aron Brown will also act as a managing director. He has 15 years' experience in compliance and regulation, predominately at the regulator...
07/14/2014
The hires bring the number of partners at BDGS to eight, all with a background at French stalwart Gide Loyrette Nouel.