toronto canada

Freshfields New York partner joins Royal Bank of Canada as GC

6-May-2015 | By Tabby Kinder

The Royal Bank of Canada (RBC) has hired Freshfields Bruckhaus Deringer commercial litigation partner David Onorato as its new general counsel.

New York

SullCrom leads on BNP sanctions case as bank lands five-year probation sentence

6-May-2015 | By Tabby Kinder

Sullivan & Cromwell client BNP Paribas (BNPP) has been sentenced to five years’ probation by a US district court on Friday (1 May) in connection with its $8.9bn (£5.88bn) payout ordered last July.

City Gherkin

Ropes & Gray boosts London office with Chadbourne structured finance partner Pal

5-May-2015 | By Rachel Moloney

Ropes & Gray has hired a structured finance specialist from rival US firm Chadbourne & Parke.


Barclays tops forex spend among UK banks with £2.5bn legal costs in Q1

1-May-2015 | By Tabby Kinder

Barclays set aside an additional £800m in the first quarter of 2015 to cover investigations and litigation related to foreign exchange rigging, its Q1 results reveal.

Lloyds Banks index

Exclusive: Lloyds Bank closes down litigation teams in regional offices

30-Apr-2015 | By Tabby Kinder

Lloyds Bank has closed its litigation teams in Hove and Cockfosters in a continuation of the redundancies to hit its in-house legal team.


Cleary and Slaughters advise as Santander Asset Management merges with Pioneer

29-Apr-2015 | By Rachel Moloney

Cleary Gottlieb Steen & Hamilton and Slaughter and May have taken the lead roles on Santander Asset Management’s multi-billion euro merger with Pioneer Investments. 

Norton Rose Fulbright

Norton Rose Fulbright focuses on US again in record 51-partner promotions round

27-Apr-2015 | By Tabby Kinder

Norton Rose Fulbright has made up a record 51 partners in its latest promotions round, the second since its merger in 2013.

Kate Cheetham

Lloyds promotes deputy GC to top position as Whittaker leaves bank

22-Apr-2015 | By Tabby Kinder

Lloyds Banking Group has appointed Kate Cheetham as its new general counsel.

frankfurt germany

HSF hires K&L Gates' Müller, firm's first female partner in Germany

21-Apr-2015 | By Natasha Bernal

Herbert Smith Freehills (HSF) has hired its first female partner in Germany, K&L Gates banking and finance partner Julia Müller.

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Banking and Finance Briefings

Bank recovery and resolution – ‘too big to fail’ no more download subscription

Baker & McKenzie 6-May-2015

New legislation has major implications for banks as well as for investors and counterparties

Funds: Luxembourg and the Chinese connection download subscription

Arendt & Medernach 5-May-2015

Luxembourg opens the door to China with approval of R-QFII UCITS funds.

Twitter’s $8bn value crash shows there’s little room for issuer error download subscription

Stewarts Law 1-May-2015

NASDAQ is responsible for running Twitter’s investor relations site, where earnings information was published early.

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Banking and Finance Analysis

HSBC – allegations of fraud, Switzerland

Switzerland – Shaken then spurred


Tax evasion allegations and the uncapping of the Swiss franc have kept the country in the headlines recently, but it’s all good for lawyers.

Canary Wharf Banking

GCs in banking – The big bank load

16-Mar-2015 | By Natalie Stanton

The pressure on in-house lawyers in the financial services sector is growing as banks face up to new challenges such as greater regulatory scrutiny.

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Banking and Finance Opinion

Stephen Ross

Tesco - Why City analysts and journalists need to learn to speak our language


The revelation by Tesco that it had overstated its trading profits by £250m wiped £2bn off its market value in one day.

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