Tag Archives: Banks

Draft Conduct Standard for Banks published

The Financial Sector Conduct Authority (FSCA) has published a Draft Conduct Standard for Banks, under section 106(2)(b) of the Financial Sector Regulation Act 2017 (FSRA). The draft Conduct Standard applies to banks, mutual banks, co-operative banks, branches of foreign banks … Continue reading

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Clear and Close Competitors? : On the Causes and Consequences of Bilateral Competition between Banks

de Haas, Ralph (Tilburg University, Center For Economic Research); Lu, Liping (Tilburg University, Center For Economic Research); Ongena, S.R.G. (Tilburg University, Center For Economic Research) ask Clear and Close Competitors? : On the Causes and Consequences of Bilateral Competition between… … Continue reading

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Philadelphia Sues Citigroup, Goldman Sachs, Bank of America and Other Big Banks, Alleges Municipal Bond Rigging

The city of Philadelphia, Pennsylvania is suing Bank of America (BAC), Goldman Sachs (GS), Citigroup (C), Wells Fargo & Co. (WFC), Barclays Plc (BAR), JPMorgan Chase & Co. (JPM), and Royal Bank of Canada (RBC) for allegedly rigging rates for … Continue reading

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Italy: Bank of Italy asks UK banks and financial institutions to inform customers on Brexit plans

On 19 February 2019, the Bank of Italy published a communication (the “Communication”) addressed to UK-based banks, payment institutions and e-money institutions operating in Italy under a branch or services passport as well as by availing themselves of a network … Continue reading

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Brexit: For Wall Street Banks in London, It’s Moving Time

One thing is clear about the legacy of Brexit: Financial services will be spread across Europe, with no one city again dominating the financial arena as London has. Read more detail on Recent Business Law posts –

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