06/05/2013
Brussels has drawn up proposals to formalise regulation of a range of pricing structures, from the Libor inter-bank lending rate to benchmarks for oil and gold. Under the plan, Libor would come under the supervision of the European Securities and Markets
06/05/2013
THE Financial Conduct Authority (FCA) has fined investment firm Sesame £6m for selling life insurance settlement products known as death bonds to customers without spelling out the risks.
06/05/2013
But despite suggestions of an overhaul, insurers have been warned the FTT is likely to have “significant implications” for the UK industry regardless of its final construction. Richard Asquith, head of tax at TMF Group
06/04/2013
The FCA have today released their Policy Statement 13/3 confirming the restriction of marketing and distribution to the retail market of risky and complex products now defined as Non-Mainstream Pooled Investments (NMPIs).
06/04/2013
Three of the U.K.’s highest-grossing law firms raised salaries for London lawyers, who can earn as much as 65,000 pounds ($99,000) in their first year after qualifying to practice.
06/04/2013
Wells Fargo Advisors LLC and Merrill Lynch have been ordered by the Financial Industry Regulatory Authority Inc.
06/03/2013
Regulator says where risks cannot be adequately reduced, firms should change the way staff are paid
06/03/2013
The rule prevents an entity from buying stocks in a public offering if it has shorted those same stocks
06/02/2013
Directly dematerialised securities have already been in place for a number of years in France, Belgium and Switzerland.
06/02/2013
Barclays and Deutsche Bank face potentially embarrassing fresh allegations about Libor-rigging in a court hearing set for October.
06/02/2013
Transatlantic combination one of the largest in the history of the legal profession
06/02/2013
Prior to his time at Cobbetts, he worked at Pinsents and then Putsmans.
06/02/2013
The Netherlands is seeking to loosen the shackles the European Union placed on rescued Dutch banks,
05/30/2013
The overhaul, which comes after chief executive Bryan Hughes last summer set out the firm's new three-year strategy, has seen the creation of four new sectors – propcos; public sector; consumer; and diversified industrials – and has invol
05/30/2013
A series of emails and letters released to Public Citizen, a Washington-based advocacy group, paint a partial picture of the Treasury
05/30/2013
The new head of the Vatican bank says his top priority is to clean up the bank's reputation,
05/30/2013
The unified front with which Switzerland's banks have defended their culture of secrecy
05/29/2013
It was made very clear' in the asset purchase agreement 'what was going to Barclays and what was staying behind
05/28/2013
US regulators become increasingly concerned about the abuse of online currencies
05/28/2013
Investigators then reportedly tape-recorded Mr London passing on information