09/25/2012
“Taxpayers’ money should not be funding tax dodgers,” he told the Liberal Democrat conference. “So I have tasked HMRC and the Cabinet Office to come up with a workable solution to this problem and we will set out more details later
09/25/2012
Royal Bank of Scotland Group Plc trader Tan Chi Min told colleagues the firm was able to move global interest rates, according to electronic messages the bank is trying to make secret.
09/24/2012
Banco Santander has hired Uría Menéndez corporate finance partner Javier Illescas as the Spanish bank restructures its legal department into two separate divisions, business legal affairs and internal legal affairs.
09/24/2012
Royal Bank of Scotland Group Plc managers condoned and participated in the manipulation of global interest rates, indicating that wrongdoing extended beyond the four traders the bank has fired.
09/23/2012
“I want to reward people who put in a proper shift, not those who sit on a fortune; people for whom a bonus means a few extra quid at Christmas, not a million-pound windfall,” Clegg said.
09/23/2012
When the £290m fine for Libor-fixing was announced in June this year, Diamond was not found to be involved.
09/23/2012
The Financial Services Authority is proposing tough new powers to tackle banking malpractice in the wake of the Libor-rigging scandal.
09/23/2012
“It came to our attention that a substantial amount in three bank accounts in Dublin were way in excess of what was needed to run the nunciature."
09/23/2012
Cirencester legal practice expands
Wilmot’s managing partner Michael Grenfell said the move would support the firm’s expansion.
09/23/2012
"A wealth tax is a door we must leave shut during this legislature," Vanackere said of the 30 months before the centrist six-party coalition headed by Socialist premier Elio Di Rupo faces elections.
09/20/2012
The Investment Management Association (IMA) has issued industry guidance on enhanced disclosure of fund charges and transaction costs incurred by UK-authorised funds.
09/20/2012
If Reuters reports on Bafin come to pass, German banks will have until mid-2013 to meet Basel III requirements.
09/20/2012
Managers at Swiss bank UBS turned a blind eye when traders exceeded their agreed limits as long as the bank was making money from their deals, a lawyer for accused "rogue trader" Kweku Adoboli told a London court on Thursday.
09/20/2012
Britain's Financial Services Authority is publishing its recommendations for legal changes to Libor on September 28.
09/19/2012
UBS says cooperating with investigation
09/19/2012
The Directive’s requirements will be significant and its implications far-reaching for both EU hedge fund managers and (increasingly over time) non-EU hedge fund managers seeking to raise capital in Europe.
09/19/2012
A leading Dutch pro-paedophilia campaigner has made formal complaints of discrimination against Rabobank and ABN Amro for refusing to give him a bank account, the Volkskrant reports on Wednesday.
09/19/2012
Pi advised 168 clients to invest £6 million in Ucis and 362 clients to invest £20 million in structured products.
09/18/2012
“It is well known that merger is on Field Fisher Waterhouse’s agenda as potentially one way of achieving our ambitious growth plans and strategic objectives”
09/18/2012
UBS was aware of a $3.6bn (£2.2bn) black hole in trading accounts produced by the alleged rogue trader Kweku Adoboli six weeks before he was arrested, a court heard.