UK defeats Cleary Gottlieb client ECB in European ruling over clearing houses

4-Mar-2015 | By Joanne Harris

The UK Government has won a landmark victory at the European General Court in a battle with Cleary Gottlieb Steen & Hamilton client, the European Central Bank (ECB), over the location of central clearing houses for euro-denominated trades.

RBS 650

RBS litigation: Enyo Law replaces Quinn Emanuel on group action against restructuring unit

4-Mar-2015 | By Joanne Harris

Enyo Law has taken over from Quinn Emanuel Urquhart & Sullivan as advisers to businesses and individuals planning to sue the Royal Bank of Scotland’s global restructuring group (RBS-GRG) for allegedly forcing small companies out of business.

latham ny 317

Latham adds two City-based counsel to partnership in nine-strong promos round

3-Mar-2015 | By Natalie Stanton

Latham & Watkins has elected two London-based counsels to its partnership, amounting to just under a quarter of its global total for 2015.


Barclays appoints Gibson Dunn partner as Barclays Capital and Americas GC

27-Feb-2015 | By Joanne Harris

Barclays has announced the appointment of Gibson Dunn & Crutcher partner Mark Shelton as global general counsel for its investment banking division and regional general counsel for the Americas.


Hogan Lovells secures Court of Appeal victory in 'Putin's banker' case

27-Feb-2015 | By Joanne Harris

Hogan Lovells and Erskine Chambers have secured a Court of Appeal (CoA) judgment requiring Russian tycoon Sergei Pugachev to disclose information about discretionary trusts established in New Zealand, setting a precedent in cases involving freezing orders.


UK firms stand out in global legal services industry

25-Feb-2015 | By Hannah Gannagé-Stewart

Collective turnover at UK firms increased by 8.4 per cent to a record £30.6bn last year - accounting for 7 per cent of the $650bn (£419.6bn) global legal services fee revenue in 2013/14.

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Linklaters and HSF advise on revived Aldermore IPO

25-Feb-2015 | By Natalie Stanton

Linklaters and Herbert Smith Freehills are among the firms to win a spot advising on the initial public offering of challenger bank Aldermore.

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McCann FitzGerald secures AIB mandate ahead of capital restructuring

24-Feb-2015 | By Joanne Harris

McCann FitzGerald has been appointed as the adviser to Allied Irish Banks (AIB) on its proposed capital restructuring by the Irish government.


Proskauer targets London. Again.

19-Feb-2015 | By Natalie Stanton

US firm Proskauer has started 2015 with a statement of intent, hiring former SJ Berwin corporate chief Steve Davis to head its team in the City.

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Banking and Finance Briefings

Stricter supervision for Serbian banks download subscription

Karanovic & Nikolic 5-Mar-2015

By the end of March banks are required to comply their general terms of business and individual agreements with customers with the amendments of the Financial Services Consumer Protection Act, as well as to begin implementing the new Law on Payment Services.

Beware: Israeli authorities are on the prowl for unsuspecting sanctions evaders download subscription

Herzog Fox & Neeman 4-Mar-2015

Amendments to Israeli sanctions legislation, the new Sanctions Bureau and increasingly resolute policies towards Iran and other countries all warrant enhanced compliance efforts. 

India tightens restrictions on foreign portfolio investment in corporate debt download subscription

Khaitan & Co 3-Mar-2015

The Reserve Bank of India’s bi-monthly policy statement took a cautious approach to foreign portfolio investment in corporate debt by imposing additional conditions on this investment avenue.

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The Hot 100 2015: Finance


In association with Fox Rodney, Saunderson House and Thomson Reuters

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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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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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