07/04/2012
Bakers boosts banking with Freshfields hire
He focuses on sponsor and lender leveraged finance work, restructurings of leveraged credits, and emerging markets financing transactions.
Legal, Regulation & Compliance
07/04/2012
Latham, Davis Polk scoop Manchester United New York listing
Latham & Watkins will be advising Manchester United on its initial public offering in the United States with Davis Polk & Wardwell acting for US underwriters.
07/03/2012
UK considers criminal sanctions for bank management misconduct
In its proposals for new sanctions for directors of failed banks, the government also proposed banning directors of failed banks from serving as senior executives at other banks in future unless they can prove they are fit for office.
07/03/2012
Nicolas Sarkozy and Carla Bruni's house raided by police
Magistrates are investigating claims that house staff of Liliane Bettencourt, heiress to the L'Oréal cosmetics empire and France's richest woman, handed over brown envelopes stuffed with cash to Mr Sarkozy and his aides to finance his suc
07/02/2012
Raft of firms win roles as mis-selling crisis hits Barclays, HSBC, Lloyds and RBS
City firms Bracewell Law and Lexlaw are representing dozens of businesses that claim to have been mis-sold products in the latest British banking scandal.
07/02/2012
National IFA predicts FSA ‘leniency’ over independence
She highlighted that advisers will not have a choice about the move to adviser charging from fees, as this will be dictated by providers and it will simply be a case of “switching” over the Christmas period.
07/02/2012
Morton Fraser promotes six solicitors
Private client lawyer Carryl Christie
07/02/2012
Wealthy French consider Swiss tax exile
The new French Socialist government has promised to reinstate the country’s old wealth tax rate and increase income tax, enough to make wealthy taxpayers think seriously about leaving for greener Swiss pastures.
07/02/2012
Will we see City bankers behind bars?
The bankers at the heart of the Barclays interest rate-rigging scandal could be prosecuted for fraud
07/02/2012
Axa investors in line for payouts
If you have a Friends Life or Axa plan you could be due redress for fund management errors.
07/02/2012
Simmons & Simmons expands finance practice
Simmons & Simmons has continued to expand its market-leading Finance practice with the appointment of two Capital Markets partners in London.
07/01/2012
Swiss private banking exec charged in Paris Tax-Evasion Investigation
The executive is under investigation for aiding in illicit marketing, laundering and benefiting from the practices, Agnes Thibault-Lecuivre, a spokeswoman for the Paris prosecutors office, said Friday.
07/01/2012
Top Tories dragged into banking scandal
The Independent on Sunday has learnt that the Conservative deputy chairman, Michael Fallon, is a board member of a leading brokerage firm that dominates the rates market and which has been asked to co-operate with the Financial Services Authority's i
07/01/2012
FSA calls for tighter laws against failing bankers
Adair Turner told the BBC's Andrew Marr programme there should be a presumption a director of a failed bank should not work in the industry again.
07/01/2012
Deutsche Bank Wants Uninterrupted Implementation of Basel Rules
Cyprus was split in 1974 when Turkey invaded after a Greek-inspired coup in Nicosia aimed at uniting the island with Greece.
07/01/2012
Schroders’ Buxton ‘engaging’ with Barclays over its fine
The bank’s shares plunged as much as 17 per cent in trading yesterday as it emerged its staff had attempted to manipulate wholesale interest rates, which govern the multi-trillion dollar interbank lending markets.
07/01/2012
Europe's market watchdog probes rating agencies-FT
The European Securities and Markets Authority is inspecting Standard & Poor's, Fitch and Moody's Investors Service, and it expects to finish by the end of the year, the newspaper said.
06/28/2012
UK banks face criminal probe threat
Serious Fraud Office investigators are in talks with the Financial Services Authority (FSA) over the scandal while pressure is mounting on Barclays chief executive Bob Diamond to stand down.
06/28/2012
UK’s big 4 banks agree to provide redress for mis-selling interest rate protection
Britain’s biggest banks have agreed to a settlement for mis-selling interest-rate protection products to small and medium-sized businesses
06/28/2012
Deutsche Bank CEO: Basel III rules can disrupt economy
The combination of trying to solve the euro zone financial crisis and stricter rules to make banks safer will impact the real economy