02/03/2014
Guy Norman makes opening bid to lead Clifford Chance corporate group
There isn’t a slam dunk candidate but the key name is Guy
Legal, Regulation & Compliance
02/03/2014
Withy King boosts private client and charities team
A solicitor with over 25 years’ experience in private client and charity law work, has joined our Private Client team as a consultant.
02/03/2014
Recent Developments in Implementing the Alternate Investment Fund Manager’s Directive
Rather than directly regulating funds, however, the AIFMD regulates managers
02/03/2014
ECB set to reveal further detail of bank health checks
The European Central Bank will reveal more detail on Monday on how it plans to go about checking that top euro zone banks have the risks on their balance sheets under control.
02/03/2014
Bank watchdog under pressure over bonuses for front-line staff
The Financial Conduct Authority is under pressure from MPs to extend bankers’ bonus regulations to front-line staff in the wake of the record fine imposed on Lloyds for mis-selling ISAs and income protection insurance.
02/03/2014
FCA issues warnings to two bankers over interest rates
Britain's financial watchdog has issued its first warning notices of proposed action against two bankers for their part in alleged manipulation of benchmark interest rates.
02/03/2014
Herbies continues German growth with Bakers partner
He is the fourth partner to join the firm's Frankfurt office since it opened for business in April 2013 and the first disputes partner. Other partners include corporate and M&A lawyers Ralf Thaeter and Nico Abel and real estate specialist Hans Th
02/02/2014
Two former Landsbanki chiefs charged with jeopardising bank
A handful of former bank executives have so far been prosecuted and found guilty.
01/31/2014
EU bank reform must reflect French, German regulations - French finmin
France wants to make sure that EU banking reform proposals reflect regulations already in place in France and Germany, Finance Minister Pierre Moscovici said on Thursday, voicing concerns that the current plans favour banks in London.
01/31/2014
SocGen talks with regulator over chairman-CEO role split
SocGen is the only major European bank led by a combined chairman and CEO, Frederic Oudea, who has in the past defended this structure as the best solution for the bank during times of crisis.
01/31/2014
New rules proposed for sponsors to enhance listing regime
Proposed new rules to ensure sponsors – typically investment banks and corporate finance specialists who assist issuers by advising them on their listing obligations – have the right skills, knowledge and expertise were published today by the
01/31/2014
FCA fines State Street UK £23m
TM is a service provided to clients to support structural changes to asset portfolios with the intention of managing risk and increasing returns. TM services may be required when a client needs a large portfolio of securities to be restructured, or when
01/31/2014
Moscow city court confirms sentence for Hermitage Capital CEO Browder
In June 2013, Tverskoy District Court of Moscow sentenced Browder in absentia to 9 years in prison for tax evasion to the value of 500 million rubles
01/31/2014
Kent-based law firm launches wealth management arm
We think it will take the advice and support we can give to clients to another level entirely in terms of holistic approach."
01/30/2014
HMRC EBT Settlement Opportunity still available - Withers
In 2011 HMRC launched the EBT Settlement Opportunity (the ‘Settlement Opportunity’) which offers employers the opportunity to settle such tax liabilities, thereby avoiding the risk of a time consuming and costly HMRC enquiry and potentially al
01/30/2014
Deutsche Bank chief says change needed on FX fixings
Deutsche is the world's biggest currency trader
01/30/2014
Regulatory myopia driving German institutionals out of equities – Union Investment
Regulators’ failure to consider “the bigger picture” has driven institutional investors into risk imbalances, according to Michael Schmidt, managing director at Union Investment.
01/30/2014
Shakespeares calls off merger talks with Davenport Lyons
Merger talks between Shakespeares and Davenport Lyons have broken down, leaving Davenport Lyons on the market for a potential deal, sources suggest.
01/30/2014
Libor Fixing Scandal: SFO Seeks Extra £19m for Fraud Investigations
The UK government's Solicitor General, Oliver Heald, also said in a statement that the SFO needs the extra cash to investigate inquiries made about the money Barclays raised through Qatar and, separately into Rolls Royce corruption allegations.
01/30/2014
LIBOR misrepresentation claims will proceed to trial
Graiseley Properties brought a claim against Barclays for rescission of two derivative contracts, linked to LIBOR, which it had entered into in conjunction with a loan facility, on the grounds that they had been unsuitable in the circumstances.