Financial Services News
Skadden Arps Slate Meagher & Flom has brokered a record-breaking $16.6bn (£10bn) settlement with the US Department of Justice (DoJ) for client Bank of America to resolve allegations of fraudulent mortgage handling.
Dentons, Linklaters, Travers Smith and Weil Gotshal & Manges have settled a £184m battle between the Pensions Regulator and Lehman Brothers administrators PricewaterhouseCoopers (PwC).
Ethical investor Sustainable Development Capital LLP (SDCL) has appointed six firms to its inaugural legal panel, with Muckle and Walker Morris among those winning a spot.
Ashurst’s low-cost support base in Scotland is to rejig its business model by adding at least two qualified lawyers to the office by the end of the year.
Watson Farley & Williams (WFW) increased its revenue in 2013/14 by 14.6 per cent last year, resulting in a jump in revenue from £102.1m to £117m.
The Financial Conduct Authority (FCA) has won its appeal against the stay in the high-cost fraud trial known as Operation Cotton, with the Court of Appeal (CoA) ruling that proceedings should resume.
Financial Servicies Briefings
Door-to-door selling of financial instruments: recent clarifications by the Court of Cassation download subscription
The interpretation of the scope of application of the investor’s right to withdraw from any contracts for the placement of door-to-door financial products has again captured the attention of all players.
Luxembourg corporate: foreign direct investment — structuring the equity download subscription
This briefing summarises some of the areas frequently encountered in relation to equity structuring choices.
Global Financial Markets Insight — the case for a better-functioning securitisation market; the cost of holding ABS; and more subscription
DLA Piper has released the latest version (issue 4, Q3 2014) of its Global Financial Markets Insight publication.
Panel reviews 2014: The chosen ones download
Which firms are cutting it in this era of slimline rosters, and who are the GC new brooms making clean sweeps? The Lawyer can reveal all
The Cayman Islands dominates the offshore world, but can it maintain its leading position?
A flair for innovation sets apart the banking and finance teams on this year’s shortlist for top honours at The Lawyer Awards