Search Results for: law
Citigroup, Barclays Close to Settling Forex Lawsuit With Private Investors
March 18th, 2015
Citigroup Inc. and Barclays PLC are expected to pay as much as $800 million combined to settle a lawsuit with investors who say the banks manipulated foreign-exchange rates, according to people close to the situation. The expected settlements would ...
Top Global Law Firm: Virtual Currency is Here to Stay
March 17th, 2015
“Virtual currency is here to stay”, according to a partner at one of the largest and most prestigious law firms in the US. Judith Alison Lee, partner in the Washington, DC, office of global law firm Gibson Dunn & Crutcher, was ...
Botched Law Could Close Hundreds of Foreign Firms’ Rep Offices in Russia
March 11th, 2015
Representative and branch offices of foreign companies working in Russia are in a race against time to re-register with the authorities or lose their license to operate in the country. The re-registration was intended to streamline bureaucracy for foreign firms, but organizational failures and lack of proper warning have left companies scrambling ...
Law firms enjoy robust third quarter
March 10th, 2015
Average increase of 3% in fees per fee earner; UK top 100 law firms increased fee income by 7%, driven by consolidation. The UK’s top 100 law firms achieved a fee income increase of 7% in the quarter ended ...
No more weak links – elite law firms unite to fight cyber security threat
March 9th, 2015
It has long been a gripe among major clients – in particular banks – that law firms are the chink in the armour against the growing barrage of cyber attacks. In response, some of the world’s top law firms ...
EU influences ‘two-thirds of UK law’ – business group
March 3rd, 2015
A new calculation of the politically charged figure of the proportion of UK law originating in Brussels puts it at 64.7% over the past 20 years, a business group calling for ‘fundamental’ reform said today. The figure is much ...
FMA welcomes opportunity to review financial advice laws
March 3rd, 2015
The Financial Markets Authority (FMA) welcomes today’s announcement by the Minister of Commerce and Consumer Affairs, Paul Goldsmith, about the review of legislation governing financial advisers. The Minister today released the terms of reference for the review of the ...
Pan-Middle East Best Law Firm of the Year 2014
March 2nd, 2015
Dentons was awarded the Pan-Middle East Best Law Firm of the Year by EMEA Finance, whose Middle East Banking Awards winners for 2014 were announced recently. This is the fifth occasion on which Dentons has won this prestigious industry ...
Germany’s Finance Minister Calls on Lawmakers to Back Greek Bailout Extension
February 27th, 2015
Wolfgang Schäuble spoke to German lawmakers ahead of a parliamentary vote Germany’s finance minister called on lawmakers to back a four-month extension of Greece’s bailout, arguing that voting against the bill would cause Germany’s future “great damage.” “Greece needs much ...
UK law firms reach six-year records on growth
February 26th, 2015
UK law firms are having a good year, according to research from TheCityUK. Turnover was up by 8.4 per cent in the year, 2013/14, covered by data from TheCityUK – and the group predicts that 2014/15 revenue will show ...
