07/15/2014
Retired banker to the Queen jailed over £10million money investment scam
The fraud was operated by Noad's son Matthew, 27, and fellow fraudster Clive Griston, 52, who targeted pensioners in a cold-calling scam.
Legal, Regulation & Compliance
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
Tullett Prebon wins $33m in damages from rival BGC
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
French corporate boutique BDGS picks up Linklaters M&A team
The hires bring the number of partners at BDGS to eight, all with a background at French stalwart Gide Loyrette Nouel.
07/13/2014
EBA proposes potential regulatory regime for virtual currencies
But also advises that financial institutions should not buy, hold or sell them whilst no such regime is in place
07/13/2014
Bruised and grumbling, foreign banks bend to U.S. rules
Financiers may grumble that the United States is acting like an imperial power in punishing foreign banks for dealings far beyond U.S. territory, but in the end they are more likely to bow to Washington than kick against its dollar muscle.
07/11/2014
Eversheds Wins Healthinvestor Award
The strength of our offering in this sector is such that it regularly sees us at the forefront of advising on some of the sector’s most notable matters every year
07/11/2014
FCA steps up focus on fair use of client dealing commission
The FCA will work closely with industry and other regulators to ensure that the new European rules deliver the best outcome for investors.
07/11/2014
Jersey approves first regulated Bitcoin fund
A regulated Bitcoin investment fund overcomes anonymity concerns about the virtual currency, says its director.
07/11/2014
UK investment bank review too ambitious
Competition declined in the crisis as Bear Stearns, Merrill Lynch and Lehman Brothers were gobbled up by stronger rivals. Yet barriers to entry have risen with new regulation.
07/11/2014
Robert Tchenguiz switches Shearman & Sterling for Stephenson Harwood in £300m SFO trial
The brothers and their investment vehicles are suing the agency for trespass
07/10/2014
German cabinet clears way for Europe’s banking union
Germany needs to pass the laws to implement Europe’s banking union plans
07/10/2014
Competition and investment banking by Mary Starks, Director of Competition, FCA
The FCA has this morning launched a review of competition in the wholesale sector.
07/10/2014
Only two firms meet FCA standard on dealing commission
The FCA reviewed how firms use the charges paid by consumers for executing trades and external research
07/10/2014
Sanctions’ impact on Russian JVs and M&A
At first glance, restrictions imposed by the EU and US seem somewhat mechanical. But many questions arise when considered in the context of a transaction
07/10/2014
Slater & Gordon lines up England cricket captain Alastair Cook as its brand ambassador
Slater & Gordon is set to sponsor England cricket captain Alastair Cook, in a move that will see him act as brand ambassador for the firm.
07/09/2014
FCA to probe competition in investment banking and asset management
In the asset management sector, the regulator will look at whether sufficient incentives exist for asset managers to negotiate the best deal for investors
07/09/2014
HSH Nordbank executives acquitted for financial crisis wrongdoing
The former directors of German lender HSH Nordbank have been acquitted of charges linked to financial crisis wrongdoings.
07/09/2014
Deceptive tranquillity and the threat of reform fatigue - the need for international cooperation
Opening remarks by Dr Andreas Dombret, Member of the Executive Board of the Deutsche Bundesbank, at a joint seminar of the Central Bank of the Republic of Turkey and the Deutsche Bundesbank, Istanbul, 4 July 2014.