Financial Services News
Standard Chartered’s new chief executive Bill Winters has announced a “realignment” of the bank’s compliance and legal capabilities, handing group general counsel David Fein responsibility for corporate secretariat issues.
Lloyds Bank has hired ex-Barclays head of legal for corporate banking Joanna Carver as general counsel for commercial banking.
Lancashire Country Cricket Club (LCCC) has instructed RPC to bring a legal challenge against NatWest and the Royal Bank of Scotland (RBS) in relation to an interest rate hedging product sold to the club in 2009.
Wealth manager Towry has appointed Ashcourt Rowan’s Rehana Hasan to the role of general counsel, after the company acquired rival Ashcourt last month.
Eversheds has announced it is launching Agile, its contract lawyer service, in Hong Kong and Singapore.
Baker & McKenzie has picked up a rare instruction from long-standing Clifford Chance client Barclays on upcoming foreign exchange (forex) manipulation matters in the UK.
Financial Servicies Briefings
Bona Vacantia land and mortgagees download subscription
The Bona Vacantia Department of the Government Legal Department has now set out new guidelines.
Suspicious minds: the reporting – and prosecution – threshold for money laundering offences in the Jersey financial services sector download subscription
It has taken 15 years for Jersey’s authorities to prosecute for failing to report potential money laundering under its proceeds of crime legislation.
The Financial Ombudsman cometh download subscription
From 16 November 2015 Jersey’s first Financial Services Ombudsman will start investigating and resolving complaints.
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.
April’s pensions reforms give UK pensioners wider choice but employers face greater responsibility over schemes. Firms must be ready with the right advice.
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