Lawyers welcome cross-border regulatory co-operation but countries piggy-backing on investigations is a step too far US and UK watchdogs are increasingly co-operating on transatlantic financial services investigations, with regulators in other jurisdictions piggy-backing on the probes to create a global web of demands on the sector’s in-house lawyers. Regulation specialists told a recent round table […]
As financial regulation piles up and budgets get pinched, banks are expecting firms to share their pain. But panel places are still worth it – for now at least Unless you’ve been hiding under a large rock for five years, the news that banks have been tightening their purse strings will come as no surprise. […]
Government moves to align tax regimes with EU neighbours and banks facing a tough US disclosure programme mean plenty of work for Swiss firms. The problem is scaling up for this one-off bonanza The Swiss banking industry continues to reel after the August publication of the US/Swiss bank disclosure programme, with almost daily moves by […]
What was your first-ever job? Delivering the post at Christmas for the Royal Mail. What was your worst experience as a pupil? Sitting on a train bound for Brentwood and realising, on studying the paperwork more closely, I should have been on a train to Brentford. What’s your favourite restaurant? Otto’s on Grays Inn Road […]
Move of the week Cadwalader Wickersham & Taft has hired Jeremiah Wagner (pictured) and Bruce Bloomingdale as partners in its capital markets practice. Both join from Mayer Brown where Wagner was a banking and finance partner specialising in structured finance, derivative transactions, securitisation, and regulatory issues. Bloomingdale was head of the London banking and finance […]
Lawyers are among the most vulnerable to information breaches, according to the Information Commissioner’s Office Mixed messages are coming out of the UK’s information and data watchdog about just how vulnerable the legal profession is to cyber security breaches – indeed, about just how severe the threat is to businesses overall. On the one hand […]
It is hardly a secret that litigators have been doing a roaring trade since the economic downturn, largely thanks to financial institutions trying to dig themselves out of regulatory tight spots. But, as the market picks up and the financial furore begins to settle, are litigators still needed in their droves? “The market remains strong […]
Sweden’s M&A activity is starting to roll again, kick-started by two major deals this summer, while in Norway thoughts are turning to life after oil Norway and Sweden not only ride high in the happiness world rankings, they are also regarded as cosy destinations in financially stormy times. But dark clouds are not so far […]
SJ Berwin has broadened the managerial lineup for its real estate group, as part of the firm’s efforts to line up its practice management structure with King & Wood Mallesons (KWM) ahead of the planned merger next Friday (1 November). Partner William Boss will become co-head of the London real estate group with immediate effect […]
Eversheds has advised Manchester Airports Group (MAG) on its joint venture in relation to the development of its £800m Airport City project. The Airport City Manchester project is expected to establish an international business and logistics hub. The development will be comprised of offices, hotels, advanced manufacturing, logistics and warehousing. The joint venture involves Beijing […]
No5 Chambers barrister Kevin Leigh will be delivering a talk at the RTPI’s Planning and Delivery/Viability seminar, which is being held in association with Homes & Communities Atlas on 27 November. The programme, which features a mixture of presentations and discussions, is an ideal opportunity for policy and development management planners to understand and discuss […]
An unspecified number of jobs have been put at risk in Harper Macleod due to restructuring of its insurance department. According to a spokesperson an announcement was made internally last Friday. A consultation process has been entered into with those involved, and is currently ongoing. Harper Macleod chief executive Martin Darroch said: “Harper Macleod is […]