A matter of influence: FCA to consult on policing in-house lawyers under Senior Managers Regime Legal Business The Financial Conduct Authority (FCA) has launched a consultation on whether in-house lawyers need to be policed under the watchdog’s…
SFO fails to secure convictions of six City brokers in Libor case Legal Business Constituting a major blow to the Serious Fraud Office, a UK jury has acquitted six City brokers who were alleged…
RBS plans ‘clean up’ and sets aside £2bn for PPI claims and US litigation Legal Business The Royal Bank of Scotland (RBS) has warned it will report its eighth successive full-year loss this year as it…
US banking results: Goldman Sachs quadruples annual legal spend as others cutback Legal Business The major US banks released fourth quarter 2015 results this week, with Goldman Sachs blaming poor profits on legal costs,…
Fintech play: Hogan Lovells hires Pinsent Masons financial services chief Salmon Legal Business Hogan Lovells has made a key hire in the City with Pinsent Masons financial services chief John Salmon, in a…
‘A powerful message of deterrence’: Court of Appeal dismisses Libor scandal trader Hayes’ appeal, while reducing sentence Legal Business In a decision that will provide little comfort for those facing similar charges, the Court of Appeal has refused the…
DLA Piper pushes finance credentials with senior hires from Slaughters and Baker Mac Legal Business DLA Piper has made a major finance play in the City with the hire of former Slaughter and May partner…
Top RBS lawyer resigns as John Collins makes surprise defection to Santander Legal Business Royal Bank of Scotland (RBS) general counsel John Collins has resigned just 11 months after becoming the top lawyer at…
Rising star Rodham returns to Linklaters to boost private equity team Legal Business Linklaters has made a rare lateral hire to bring Shearman & Sterling private equity partner Ben Rodham back to the…
China’s offshore push: Linklaters picks up high-profile mandates Legal Business Linklaters continues to leverage its relationships with Chinese banks and corporates, winning four high-profile capital markets mandates as the country…
Latham taps Hogan Lovells as City finance push continues Legal Business Latham & Watkins continues to enhance its finance roster, this time with experienced Hogan Lovells partner Gary Hamp. The hire…
King & Wood strengthens capital markets bench with Sidley hire Legal Business Increased demand for US capital markets capability in recent times has seen King & Wood Mallesons dip into the laterals…
‘Like Scotland leaving the UK’: Bank ring-fencing reforms herald big changes Kathryn McCann Further proposals for banking reform issued last month by the Bank of England are expected to cause significant internal restructuring…
Worldpay IPO to spark London fintech boom after £2.2bn float Jaishree Kalia Dealmakers predict end-of-season deal flourish in Q4 London’s goal of becoming a hub for tech companies to list took a…
KWM’s Hong Kong office doubles up on prime capital markets deals Legal Business King & Wood Mallesons has advised on Hong Kong’s largest rights issue to date this year, with investment house Fosun…
Dealwatch: KWM, A&O and Dentons advise as China and Germany sign historic stock exchange JV Tom Moore King & Wood Mallesons (KWM) and Dentons have leveraged their considerable Asia platforms to secure roles as lead advisers on a…
Trading places: HSBC to move 10% of London legal team to Birmingham Kathryn McCann HSBC is planning to move about 20 of its London lawyers to Birmingham by 2017 in line with the new…
Holman Fenwick Willan takes London banking partner from Ince & Co Legal Business During a tough year for insurance specialists, Holman Fenwick Willan has hired a partner from rival Ince & Co, appointing…
White & Case steps up private equity march with hires from Clifford Chance and Debevoise Legal Business White & Case’s march on the London private equity market has stepped up another gear with the hire of Caroline…
RPC makes key finance hire with former Worldpay corporate GC Legal Business City firm RPC has hired former Worldpay corporate general counsel Matthew Griffith as a partner in its corporate insurance and…
