Financial Services

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.

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Latest News in Financial Services

  • March 27, 2017

    Dechert Hires Another Kirkland Corporate Finance Partner

    Dechert LLP announced on Monday that it has hired a coporate finance partner from Kirkland & Ellis LLP to join its London office, further bulking up its private equity practice following other similar hires in the past six months.

  • March 27, 2017

    ECB On Guard For Rule Skirting As UK Banks Seek EU Licenses

    The European Central Bank will be keeping a close eye on how U.K. banking groups structure their euro-area entities post-Brexit amid the increased risk of regulatory arbitrage, an executive board member at the central bank said on Monday.

  • March 27, 2017

    UK Banks Face Additional BOE Brexit Stress Test

    The Bank of England said Monday it will subject the U.K.’s biggest banks to an additional test of their ability to weather a deep economic slump as the country prepares for the impact of leaving the European Union.

  • March 27, 2017

    Labour Party Lays Out Brexit Demands For Bank Access

    The U.K. Labour Party wants the government to preserve all key attributes of its European single market membership and to secure a “bankers’ Brexit” that meets the needs of financial services, the party’s top Brexit spokesman said Monday.

  • March 24, 2017

    Ex-Barclays Trader Tells Court Fixing Libor 'Couldn’t Hurt'

    A former Barclays trader accused of attempting to manipulate a key global interest rate benchmark in a bid to boost profits told a London court on Friday that a successful rig would only have a “small” impact on his desk’s position and that he made requests just because they “couldn’t hurt.”

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