Search Results for: law
HSBC must face Chicago predatory lending lawsuit – judge
October 2nd, 2015
HSBC Holdings Plc must face a lawsuit accusing the British bank of violating the U.S. Fair Housing Act by engaging in predatory mortgage lending in the Chicago area, a federal judge in that city ruled on Wednesday. U.S. District ...
EY legal arm plans doubling of lawyer team in UK
September 25th, 2015
The Big Four accountancy firm, previously known as Ernst & Young, plans to increase its UK legal team from 30 to 60 lawyers within a year. Looking beyond the 12-month horizon, Philip Goodstone, head of EY’s legal services, said: ...
Lawyers lack understanding of culture, says consultant
September 18th, 2015
A culture of excellence will create more attention to detail – but some lawyers find it difficult to understand this kind of point, according to Joel Barolsky of Barolsky Advisors. Simple things such as how work is carried out, ...
Swiss Lawmakers to Vote on New Rules for UBS, Credit Suisse
September 16th, 2015
Banks may have to hold larger capital buffers, separate investment banking from other operations Swiss lawmakers may deliver a sharp reminder to the country’s biggest banks, UBS Group AG and Credit Suisse Group AG, that they remain under close scrutiny at ...
Big Banks Agree to Settle Swaps Lawsuit
September 14th, 2015
Dozen banks, Markit and International Swaps and Derivatives Association to pay combined $1.87 billion Wall Street’s biggest banks have agreed to a tentative settlement over allegations that they conspired to rig the market for credit derivatives. Twelve banks and ...
List of companies offering services, all operating unlawfully in Belgium
September 14th, 2015
The Financial Services and Markets Authority (FSMA) has, on several occasions, warned the public against the activities of various providers of/intermediaries in binary options and forex products, as well as against the activities of various so-called “boiler rooms”, all ...
World’s largest law firms to be ‘lawyerless’ within five years
September 9th, 2015
Uber and Facebook cited as examples of what a future legal practice might look like Within the next five years the world’s largest law firms will not employ its own lawyers, is a bold prediction by the UK’s leading ...
Law Firms Vs Technology: Doing business in legal technology
September 3rd, 2015
International Legal Technology Association (ILTA), and InsideLegal, the insider’s guide to doing business in legal technology, released the findings of the “2015 ILTA/InsideLegal Technology Purchasing Survey” (survey). 2015 ILTA/InsideLegal Technology Purchasing Survey highlights include: 57% of all respondents spend ...
Law firms given platform to share cyber threat information
August 21st, 2015
Over 180 law firms including Davis Polk & Wardwell have applied to join the platform, which will be known as the Legal Services Information Sharing and Analysis Organization. The organisation will run in parallel to the Financial Services Information ...
Fatca law: Taking the IRS to Court
August 21st, 2015
The 2010 Fatca law has made many Americans unbankable overseas. Nancy Pelosi famously said Congress had to pass ObamaCare so Americans could learn what was in it, but that rule applies to other regulatory monsters too. Take Fatca, the ...
