03/05/2013
Judge Clears Path for Trial Against French Bank's Hamas Accounts
U.S. District Judge Dora Irizarry denied French banking giant Credit Lyonnais SA's motion for summary judgment last Thursday
Legal, Regulation & Compliance
03/05/2013
Commerzbank Says in Appeal Dresdner Bonus Ruling Flawed
Commerzbank, which bought Dresdner in 2009, said the awards weren’t deserved after a 6.5 billion-euro loss
03/04/2013
Brits With Homes Overseas Face CGT Disaster
Hard-up Brits looking to sell their overseas second homes are being urged to think twice to avoid a double whammy that could leave them out of pocket.
03/04/2013
FSA to crack down on use of investor cash for CEO access - FT
Britain's Financial Services Authority is set to go after asset managers using investors' money
03/04/2013
Tax guru and author launch wealth arm for accountancy firm
The pair are partners at Hillier Hopkins and will aim to build on their long-standing relationships with the firm’s clients.
03/04/2013
Bank Of Spain Weighs Suspension Of Santander CEO
So now it is up to the Bank of Spain, as the country's banking regulator, to decide whether or not Mr. Saenz should be suspended.
03/03/2013
Former UBS trader to appeal against fraud conviction
He was convicted in November last year of two counts of fraud over unauthorised trades that cost the Swiss bank £1.5bn, described at the time as the biggest fraud in British history.
03/03/2013
‘Reckless' stockbroker drops appeal against FSA ban
Leavey had carried out a significant influence function at FCI without FSA approval
02/28/2013
David Cameron: EU banker bonus caps 'must allow banks to succeed in UK'
David Cameron said that he would "look carefully" at the proposed new regulations while defending the UK's position as an international financial hub.
02/28/2013
Banker labelled 'Crazy Miss Cokehead' after whistleblowing, tribunal hears
Bosses were said to have sent “defamatory” remarks about her using a messaging system to colleagues and clients of the bank.
02/28/2013
Court judgement could prompt ‘more litigious’ FSA
Supreme Court rules FSA not responsible for covering third party damages when it issues a freezing injunction.
02/28/2013
Linklaters Paris Capital Markets Team Quits For White & Case
A White & Case spokesman confirmed that all five have signed contracts with their new firm
02/27/2013
Santander boss planning to appeal court's pardon ruling
The Supreme Court's ruling two weeks ago has created a headache for Saenz and authorities at the Bank of Spain, which has to decide Saenz's fate as CEO of the euro zone's biggest bank.
02/27/2013
UK hedge fund GLG hit by 'insider dealing' arrests after FSA investigation
A high-flying analyst at one of the world’s biggest hedge funds has been arrested on suspicion of insider dealing
02/27/2013
FSA's landmark legal victory over Barclays could see more assets being frozen
The judgement today by the Supreme Court is ‘a clear victory’ for the FSA
02/27/2013
Fraud trial begins at German private bank
The five are accused of misusing bank assets in connection with three real estate deals worth 134 million euros ($175 million), public prosecutors said.
02/27/2013
Liechtenstein Modifies Financial Market Authority Law
The Liechtenstein Government highlights the fact that modifications to the law were deemed necessary
02/26/2013
Michelmores hires OC private client head for Bristol base
This latest hire brings the number of partners at Michelmores’ Bristol office to 53.
02/26/2013
Three arrested in FSA insider dealing investigation
Three men aged 33, 37 and 39 have been arrested and are currently in custody to be questioned in connection with an investigation in to insider dealing and market abuse.
02/25/2013
Treasury Row With FSA Delays New Bank Rules
The Government and the FSA clash over plans to speed up the approval regime for new high street banks, Sky News understands.