City Gherkin

BBVA UK legal head takes up new role at derivatives platform NetOTC

30-Jan-2015 | By Natasha Bernal

BBVA’s former UK head of legal Joanne Theodoulou has taken up the role of general counsel at NetOTC, an independent platform that deals with over-the-counter (OTC) derivatives transactions.

johannesburg south africa

Chadbourne becomes latest entrant into Jo'burg with Bowman Gilfillan hire

29-Jan-2015 | By Joanne Harris

US firm Chadbourne & Parke has become the latest international player to launch in South Africa, opening a Johannesburg office with the hire of Bowman Gilfillan partner Lido Fontana.

Deutsche Bank

Deutsche Bank legal costs fall by 80 per cent in Q4 2014 as cases linger

29-Jan-2015 | By Tabby Kinder

Deutsche Bank’s litigation costs fell by over 80 per cent in the fourth quarter of 2014 compared to the same period in 2013, from €1.1bn to €207m (£155m), helping the bank to a surprise pretax profit.

Barclays

Barclays' head of litigation and investigations Jonathan Peddie to leave bank

23-Jan-2015 | By Tabby Kinder

Barclays’ managing director of litigation and investigations Jonathan Peddie is leaving his role at the end of February after nine years.

London

Greenberg Traurig snatches Sidley Austin partner for London corporate practice

21-Jan-2015 | By Natasha Bernal

Greenberg Traurig Maher has hired Sidley Austin corporate partner Dorothee Fischer-Appelt to join its London office, following the growing trend of US to US partner laterals in the City.

Money

Morgan Stanley legal costs drop 80 per cent in fourth quarter report

21-Jan-2015 | By Tabby Kinder

Morgan Stanley has revealed an 80 per cent drop in legal costs in the fourth quarter of 2014 to $284m (£188m), down from $1.4bn in the same period last year.

New York

Debevoise snaps up JPMorgan Chase Consumer Bank GC Matthew Biben

20-Jan-2015 | By Natasha Bernal

Debevoise & Plimpton has hired JPMorgan Chase consumer bank general counsel Matthew Biben to join its white collar and regulatory defence group and banking and consumer finance practices.

New York

Citigroup legal costs shoot up by 258 per cent to $2.9bn in Q4 2014

15-Jan-2015 | By Natasha Bernal

Citigroup has reported $2.9bn (£1.9bn) in legal expenses during the fourth quarter of 2014 - an increase of 258 per cent from $809m for the same period of 2013.

London

JP Morgan legal costs soar on back of regulators' fines

14-Jan-2015 | By Natasha Bernal

JPMorgan has revealed that it ran up $1.1bn (£723m) of legal expenses during the fourth quarter of 2014, up 30 per cent from $847m the year before.

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Banking and Finance Briefings

Plevin v Paragon — non-disclosure of the amount of PPI commission paid to the lender rendered its relationship with the borrower unfair weblink subscription

Walker Morris 29-Jan-2015

The Supreme Court has ruled that non-disclosure of the significant amount of commission earned by a lender created unfairness in the borrower’s relationship with it.

New insolvency regime for Russian individuals to launch in July 2015 download subscription

Dentons 29-Jan-2015

In late December 2014, Russia adopted major changes to its insolvency (bankruptcy) law.

Financial reporting standards: all change download subscription

Shoosmiths 29-Jan-2015

Companies in the UK are being urged to ensure that they are fully prepared for the effect that new financial reporting standards will have on their year-end accounts.

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Banking and Finance Analysis

Byk

The Hot 100 2015: Finance

26-Jan-2015

In association with Fox Rodney, Saunderson House and Thomson Reuters

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Banking and Finance Opinion

Stephen Ross

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

25-Sep-2014

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

Cat Griffiths index

Losing the magic touch in finance

17-Mar-2014 | By Catrin Griffiths

Have the magic circle firms squandered their lead in acquisition finance?

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