The Royal Bank of Scotland (RBS) has warned it faces its eighth successive full-year loss this year, as it sets £2bn aside for claims relating to mortgage-backed securities and payment protection insurance. | 8yrs
Editor and journalist at The Global Legal Post
The Royal Bank of Scotland (RBS) has warned it faces its eighth successive full-year loss this year, as it sets £2bn aside for claims relating to mortgage-backed securities and payment protection insurance. | 8yrs
Listed Australian firm Slater and Gordon is consulting with 51 fee-earners and support staff with a view to possible redundancies. | 8yrs
JPMorgan has agreed to pay nearly $1bn to resolve claims by Ambac Financial Group that the bank deceived it into insuring mortgage bonds backed by poor quality loans, clearing the way for approval of a bigger settlement over similar allegations. | 8yrs
DLA Piper has announced that the number of firms in its group has risen to 15 with the addition of ADCA in Angola. | 8yrs
In a bid to reform the 35-hour working week, French Prime Minister Manuel Valls (pictured) said yesterday that France will give companies the right to negotiate longer working hours and overtime pay. | 8yrs
In the wake of a landmark government report, legal technology experts have said the technology behind the Bitcoin digital currency could herald an age of 'smart contracts'. | 8yrs
The prime minister of Lower Saxony, Volkswagen AG's second-largest shareholder, has given the carmaker three months to provide a full account of the origins of the emissions scandal. | 8yrs
Clifford Chance has overtaken Chadbourne & Parke to lead the global project finance rankings in 2015. | 8yrs
Should plummeting oil prices force Venezuela's government to default on its debt, the lack of collective action clauses (CACs) on almost US$40bn worth of bonds could expose the oil-exporting country to a legal battle with holdout investors. | 8yrs
DAC Beachroft reveals that the firm took a £4.39m hit in a failed IT project whilst showing a 20 per cent increase in profits in its latest accounts. | 8yrs
Legal uncertainties over the lifting of sanctions that could take several weeks to clarify mean that European companies have delayed buying up Iranian oil. | 8yrs
Pakistan's government has conceded the country has no independent industrial safety law to protect workers, despite a grim history of fatal accidents, and no time frame for developing one. | 8yrs
In the latest of China's crackdowns on its legal sector, detained Swedish legal aid worker Peter Dahlin has been shown on Chinese state television apparently confessing to carrying out illegal acts and seeking to undermine the Chinese state. | 8yrs
A senior Melbourne lawyer is facing accusations that he sexually harassed a female colleague over seven months last year, allegedly sending her explicit photos and bombarding her with unwelcome, sexually explicit text messages. | 8yrs
The former New York mayor Rudolph W. Giuliani (pictured) has left Houston-based law firm Bracewell & Giuliani and joined international law firm Greenberg Traurig. | 8yrs
Holman Fenwick Willan (HFW) has announced the expansion of its specialist Middle East offering with the launch of three new Associations in Riyadh, Beirut and Kuwait City. | 8yrs
Only days after the resignation of William Boss, European practice head of King & Wood Mallesons (KWM), Taylor Wessing has announced it has hired KWM chief operating officer for Europe and Middle East Rachel Reid. | 8yrs
In an open letter published by The Guardian, prominent lawyers and jurists from Europe, North America, Australia and Pakistan have urged Chinese premier Xi Jinping to release a dozen Chinese lawyers and legal assistants held in detention. | 8yrs
A landmark legal challenge claiming the government's position on civil partnerships is incompatible with equality law is to be heard today in the High Court. Currently civil partnerships are only open to same-sex couples. | 8yrs
A report by professional services firm EY shows mergers and acquisitions in the biopharmaceutical industry skyrocketed in 2015, with the value of announced deals totalling more than US$300bn. | 8yrs