12/10/2012
UBS AG is expected to face a fine as early as this week that may surpass the record 290 million pounds ($466.6 million) Barclays Plc, the U.K.’s second-biggest bank, paid in June to settle claims it attempted to manipulate Libor.
12/10/2012
The FSA says it will take steps through its supervision to ensure HSBC complies with the measures.
12/09/2012
Employees who participated in the trust were asked to help fund a payment of at least a few hundred million pounds if they want to settle with Her Majesty’s Revenue and Customs
12/09/2012
A Senate committee said in July that failures in London- based HSBC’s money-laundering controls allowed terrorists and drug cartels access to the U.S. financial system.
12/06/2012
UK law firm appoints new head of private client department
He will manage the private client department offering a range of services
12/06/2012
Major mis-selling scandals have failed to stop banks pressurising their staff into pushing products which may be unsuitable, Which? claimed today.
12/06/2012
Managing partner Paul Devitt said: "We anticipated a slower start to this financial year than last, given how strongly we started last year, and certainly market and competitive pressures remain significant.
12/06/2012
Creating a major new law firm, Bond Dickinson will have an income of approximately £95m, 1200 staff and operations in eight UK wide locations.
12/05/2012
The package from a trio of banks follows the company’s decision to pull its $1bn listing in Hong Kong in May
12/05/2012
Three former Deutsche Bank employees have filed complaints with the US securities regulators claiming the bank failed to recognize up to $12 billion (£7.46 billion) of unrealised losses during the financial crisis.
12/05/2012
The New York regulator had accused the bank of leaving the United States “vulnerable to terrorists
12/05/2012
Some big companies take advantage of these loopholes to avoid paying millions of euros in tax
12/04/2012
The SFO has instructed 5 Essex Court silk Jeremy Johnson QC to defend a £200m damages claim brought by businessman Vincent Tchenguiz.
12/04/2012
Britain has threatened to veto the creation of a new eurozone banking supervisor unless the European Union also agrees to protect the City of London from protectionist financial regulation.
12/04/2012
Many organisations to miss out on benefits, impacting EU competitiveness, finds study from Steria and EDC
12/04/2012
He joins from PwC where he is General Counsel and has been a member of the UK firm"s Executive Board for the past ten years.
12/04/2012
Operating Principles and Areas of Exploration in the Regulation of the Cross-Border Derivatives Market
12/04/2012
The findings form part of Acritas’ third annual ranking of the strongest global law firm brands which clearly shows that internationalisation holds the key to law firm brand strength.
12/04/2012
By making the act of administrating Libor a regulated act, the FSA has proposed removing the British Bankers
12/03/2012
Levels would be determined by market forces but warned a drop in fees would not happen immediately.