Counsel for Tom Hayes urged Britain's top court Thursday to overturn the trader's conviction for rate rigging, arguing his client didn't believe that there was a law "which absolutely prohibits" the consideration of trading advantage when making submissions.
Counsel for Tom Hayes urged Britain's top court Thursday to overturn the trader's conviction for rate rigging, arguing his client didn't believe that there was a law "which absolutely prohibits" the consideration of trading advantage when making submissions.
The wife of a former Russian politician said Thursday during her London trial for allegedly breaching sanctions against her husband that she did not know at the time that the U.K. and EU had separate sanctions regimes.
Raj Karia, Norton Rose Fulbright's new global head of corporate, M&A and securities, has spent his entire legal career at the firm after a childhood watching boats on Africa's Lake Victoria propelled him to a training contract with a shipping focus.
A former head of credit trading at Barclays has argued that he is owed a £3.5 million ($4.5 million) bonus package after he left the bank and joined a hedge fund following his son's diagnosis with a rare disease.
Citibank has agreed to pay £215,000 ($278,000) to a former assistant vice president to settle her claims that the bank discriminated against her when she was passed up for promotion on her return from maternity leave.
Launching a series of interviews with lawyers, class representatives and litigation-funders to mark the 10-year anniversary of the collective proceedings order regime, Law360 spoke to Justin Gutmann and Rachael Kent about how the role of class reps has evolved in the decade since CPOs were introduced
Britain's two largest finance watchdogs Thursday proposed extending exemptions to margin requirements to cover unfavorable price movements for traders of some derivatives contracts, looking to keep the U.K. globally competitive.
Warehouse Real Estate Investment Trust PLC, a logistics property company, said Thursday that it is inclined to accept the provisional takeover offer of approximately £489 million ($633 million) made this week by private equity giant Blackstone Inc.
Investment platform company AJ Bell said Thursday it will sell its pensions administration arm to InvestAcc Group Ltd. for £25 million ($32.5 million), amid a business restructure.
Stock price provider ADVFN PLC said Thursday that it intends to exit the London Stock Exchange's junior market and go private amid concerns about "significant headwinds" for the broader stock market.
Six insurers wrote over £5 billion ($6.5 billion) each in pension deals for the first time in 2024, Lane Clark & Peacock LLP said Thursday, highlighting a risk transfer market "firing on all cylinders" with new entrants increasing competition.
Charlotte Hill at Charles Russell discusses the Financial Conduct Authority’s recent portfolio letter to CEOs of payments firms, outlining the regulator’s expectations, and the steps that these companies may now need to take to ensure compliance and operational effectiveness.
