08/15/2012
In a blow to smaller firms that get the bulk of their business from third parties, the loophole in the new rules states that execution-only and discount brokers will still be able to take trail if they buy directly from fund groups.
08/14/2012
Neil Caddy, who advises financial institutions on acquisition financings and restructurings, joined Mayer Brown as a partner from Allen & Overy (A&O), where he was an associate, in February 2010 (1 February 2010).
08/14/2012
The defence statement was compiled by 3VB’s Adrian Beltrami QC, instructed by Matthew Arnold & Baldwin partner Clare Stothard, for Barclays.
08/14/2012
The New York firm fielded a cross-border team led by corporate partners Paul Shim and Simon Jay, based in the New York and the London offices respectively.
08/14/2012
Three people involved in a fraud that targeted UK investors and expats in Majorca have been convicted.
08/13/2012
That will make a huge dent in its £4bn profit fore the first half of this year, and the regulator may just kick the offer into the high grass.
08/13/2012
PricewaterhouseCoopers is being investigated over its audits of crisis-hit corporate finance firm RSM Tenon.
08/12/2012
The bank doesn't provide tax services to clients, UBS spokesman Dominique Gerster told Dow Jones Newswires.
08/12/2012
The hedge fund, WCG Management, sent an email to its investors on Sunday informing them that the $3.4 billion fund is not under investigation in the Libor probe, but confirmed that portfolio manager Ryan Reich has drawn scrutiny from U.S. prosecutors.
08/12/2012
The country’s parliament approved the increase last month as part of a supplemental budget.
08/12/2012
The London-based firm also continued its reign as the top firm for the number of Aim-listed clients (31 October 2011) and increased its growth in litigation for the third year running.
08/12/2012
A raft of firms including Maclay Murray & Spens, Norton Rose, Taylor Wessing and Tods Murray scooped roles as property fund Picton Property Income secured £209m from Aviva and Canada Life to refinance one of its portfolios.
08/12/2012
The US, UK, France, Germany, Italy, and Spain have jointly issued drafts of two versions of model agreements implementing FATCA through a process of intergovernmental information exchange (the “Model Agreements”).
08/09/2012
The FINRA/CISI MoU will ensure that relevant FINRA members holding the Series 7 – General Securities Representative Examination -- will be able to maintain or achieve authorisation as Retail Investment Advisers in Securities and/or Derivatives from
08/09/2012
The EMIR Regulation is intended to reduce the risk associated with the OTC derivatives market and establish common rules for central counterparties and trade repositories.
08/09/2012
Following the recent LIBOR scandal, which has already seen Barclays fined £290m by US and UK regulators for manipulating the rate, the UK regulator will today set out a package of proposals designed to restore trust, the Financial Times reports.
08/08/2012
A spokesman for the state's Finance Minister Norbert Walter-Borjans told Dow Jones Newswires the minister doesn't comment on single cases, and that the ministry receives and examines data regularly.
08/08/2012
But now that a state regulator in New York has accused Standard Chartered, one of London’s most reputable banks, of colluding with Iran, Britain seems to be drawing a line against what many here consider American overreaching.
08/08/2012
Japan's biggest bank has suspended a London-based trader over the widening interest-rate rigging scandal in Britain that has rocked confidence in financial markets.
08/08/2012
The deal is set to follow the same formula as the magic circle firm's tie-up with Australia's Allens Arthur Robinson, which subsequently rebranded as Allens, and is expected to consist of a formal referral agreement and one or more joint venture