09/02/2012
Italy's most powerful banker to face board questions over FonSa
Board members will meet on Sept. 5 to discuss the judicial probe and get an update on the Unipol-Fondiaria tie-up.
08/30/2012
Under the changes, from the start of 2013, financial advisers will have to agree a fee with their clients.
08/30/2012
The SSR becomes applicable from 1 November 2012, but allows participants to notify securities regulators of their intention to use the exemption from 1 September 2012.
08/30/2012
For the romantic Mr Berezovsky, this case at the commercial court here in London was about betrayal - a father and son relationship soured, a beautiful business partnership severed.
08/29/2012
Russell Collins has agreed to undertake the deputy role, acting as the Executive Leader of the Review.
08/29/2012
The merger, which will take effect on 1 October, will see DLA's lawyer headcount in the French capital rise to more than 30 partners and 40 further lawyers.
08/28/2012
Modelled on Switzerland's agreements with Germany, Great Britain and Austria, the deal is aimed at the billions of euros Athens estimates that wealthy Greeks have parked in the Alpine country to avoid taxes back home.
08/28/2012
Banks are offering recruits up to £900 a day to work on interest rate swap mis-selling claims.
08/28/2012
Baker’s profit per partner fell 9 percent to a three-year low of $1.09 million, however, with the firm’s profit margin dropping 4 percentage points to 34 percent.
08/28/2012
The Serious Fraud Office, which prosecutes bribery and white collar crime, may inform the London-based bank about its decision on a probe this week, according to the people, who declined to be identified because the discussions are private.
08/27/2012
The firm is understood to be in advanced discussions with Frieh Bouhenic, a 26-lawyer boutique established in January last year by ex-Linklaters rainmaker Michel Frieh and Pierre-Alain Bouhenic, formerly of Weil Gotshal & Manges.
08/27/2012
France’s solidarity tax imposed on wealth currently serves to generate in the region of EUR4bn a year for the state.
08/27/2012
Neither would confirm whether the inquiries concerned U.S. sanctions against Iran, which have led to investigations at rival banks such as UniCredit and RBS and have already cost Standard Chartered a hefty fine.
08/27/2012
Survey of insurer’s ‘account managers’ suggests disclosure is key RDR concern for advisers.
08/26/2012
Unicredit has confirmed it is co-operating with a US investigation into a possible breach of sanctions.
08/26/2012
"The bank requires that all employees in the cross-border asset management business abide by legal fundamentals, including the German-Swiss tax deal […] Whoever transgresses is severely sanctioned”, Mr Weber told German newspaper Handels
08/23/2012
The trader at the center of the criminal investigation surrounding JPMorgan's $5.8 billion trading loss has hired a lawyer in Paris, two sources familiar with the investigation said on Thursday.
08/23/2012
The magistrates have now put the chief executive of Intesa's Luxembourg unit Societe Europeenne de Banque (SEB), Marco Bus, and an Italian broker and former Intesa employee, Alessandro Jelmoni, under investigation.
08/23/2012
The reporting requirements have led platforms to reassess whether they will continue to hold assets for existing US investors and whether they will accept new business from US taxpayers.
08/23/2012
German tax inspectors have raided clients of Swiss bank Julius Baer, the latest development in a dispute over untaxed money held in secret Swiss accounts, a German magazine reported.